Blackham Resources Limited: Matilda Mining Commences
20.07.2016 | ABN Newswire
Perth - Blackham Resources Ltd (ASX:BLK) ("Blackham") is pleased to announce that it has successfully achieved another milestone towards gold production with the commencement of open pit mining and underground development work at the Company's Matilda Gold Project.- Blackham commences mining at the Matilda Mine
- Underground development commenced at Golden Age
- Wiluna Gold Plant wet commissioning on track for August 2016
Blackham's open pit contractor, MACA Ltd (ASX:MLD) has mobilised the initial mining fleet and commenced mining operations at the Matilda M10 open pit.
Pybar Mining Services Ltd has also commenced underground development at the high grade Golden Age orebody.
Blackham's Managing Director, Bryan Dixon, said "The commencement of mining represents another significant milestone in the Company's transition from gold explorer to producer at a time of record Australian gold prices."
The 5.1Moz Matilda Gold Project has an initial mine life of 8 years that is growing very rapidly.
The commencement of wet commissioning of the Wiluna processing plant is on track to begin in August 2016.
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About Blackham Resources Ltd:
Blackham Resources Limited (ASX:BLK), is an emerging gold producer focused on its Matilda Gold Project in Western Australia where mining and production is imminent. Matilda €™s resources of 48Mt @ 3.3g/t for 5.1Moz, all within a 20km radius of its gold plant currently being re-commissioned. The Matilda Gold Project incorporates over 780 square kilometres of tenements and cover around 55 kilometres of strike along the Wiluna and Coles Find Mine Sequences. The Project has historically produced 4.3 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
David Tasker / Tony Dawe
Professional Public Relations
T: +61-8-9388-0944