Blackham Resources Ltd.: Acquires Stockpile

Perth - Blackham Resources Ltd (ASX:BLK) ("Blackham") is pleased to announce that it has entered into an agreement with Intermin Resources Ltd ('Intermin') (ASX:IRC) to purchase their calcine tailings stockpile located next to the Wiluna Plant.

Intermin owned the Wiluna calcine tailings stockpile. The stockpile comprises a JORC 2004 Indicated Mineral Resource Estimate of 370,000t @ 5.0 g/t Au for 59,500oz Au (per IRC ASX announcement 20 June 2011). It is located on Mining Lease M53/200 and is adjacent to the Wiluna Gold Plant.

The purchase also allows Blackham greater flexibility over the placement of tailings within the direct vicinity of the Plant. The Calcine tailings are the residual product from cyanidation of roasted sulphide concentrates produced prior to WWII from Wiluna gold ores.

Blackham has agreed to pay a total of $1.5m comprising an initial payment of $800,000 and the balance due by 31 December 2016. Once the consideration has been paid, Blackham will have 100% of the calcine tailings.

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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
T: +61-8-9322-6418
E: info@blackhamresources.com.au
www.blackhamresources.com.au

Tony Dawe Professional Public Relations
T: +61-8-9388-0944