VIDEO: Blackham Resources Ltd. Valuation Update - Exploration Continues to Grow Mine Life
12.05.2016 | ABN Newswire
Perth, Australia - Blackham Resources Ltd (ASX:BLK) Valuation Update - Exploration Continues to Grow Mine Life. Blackham has released a number of key announcements over the past number of months that has resulted in a valuation upgrade.These include:
Increased mine life - 826,000 oz at 3g/t Au;
Capital raising - $20m;
Gold hedging;
Continued exploration; and
First production remains on schedule - 3Q16.
To watch the video Presentation, please visit:
http://www.abnnewswire.net/press/en/83577/blackham
About Blackham Resources Ltd:
Blackham Resources Limited (ASX:BLK), a Western Australian resources company, is focused on exploration and development at the Matilda and Williamson Gold Mines in the Wiluna gold belt of Western Australia. The Matilda Gold Project incorporates over 780 square kilometres of tenements including Regent and the Matilda and Williamson Gold Mines containing total JORC 2012 resources of 44Mt @ 3.3 g/t for 4.7 Moz ounces of gold. These tenements cover around 45 kilometres of strike along the Wiluna Mine Sequence and 10 kilometres of strike along the Coles Find Sequence. The Wiluna Mine & Coles Find Sequence has historically produced 4 million ounces of gold.
Contact:
Blackham Resources Ltd
Bryan Dixon Managing Director Blackham Resources
T: +61-8-9322-6418
E: info@blackhamresources.com.au
www.blackhamresources.com.au
Tony Dawe, Professional Public Relations
T: +61-8-9388-0944