Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile
Institutional Roadshow Presentation February 2016
Institutional Roadshow Presentation February 2016

Perth, Feb 1, 2016 AEST (ABN Newswire) - Blackham Resources Limited (googlechartASX:BLK) announce the Institutional Roadshow Presentation for February 2016.

Key Points;

- 4.7Moz Au resource & 780km2 landholding in Australia's biggest gold belt

- 1.3Mtpa plant & infrastructure unlocks value in Matilda Gold Project allowing production over 100,000oz pa

- PFS confirms Robust Economics with low risk start up strategy

- Working towards a 10 year mine life across 4 large geological systems

- Market cap ~ A$60M = A$14/resource oz & strong liquidity

- Blackham is Western Australia's next +100,000oz pa producer with production targeted mid 2016

Blackham & Matilda Strategy

Blackham Strategy

- Western Australia's next +100,000oz pa producer

- AISC A$1,100/oz. and normalised EBITDA $45Mpa

- Strengthen and lengthen reserves profile

- Growing the under head frame resources

- Game changing discoveries

- Opportunistic bolt on acquisitions

Matilda Strategy

- Mid 2016 will commence gold production on oxides & high grade free milling reefs

- Low risk start up with soft free milling ore will be used to repay debt

- Exploration continues to focus on high grade reefs & base load ore out of Matilda and Williamson open pits

- Huge optionality of the Wiluna sulphides - 3.3Moz @ 4.6g/t

- PFS demonstrated East West sulphides are economic AISC < A$1,100/oz

- Mining studies a for Bulletin and Creek Shear to be included in DFS

- Working to a sustainable mine plan targeting 5 year reserves & 10 year mine inventory

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-BLK-751358.pdf


About Wiluna Mining Corporation Ltd

Wiluna Mining Corporation LtdWiluna Mining Corporation (ASX:WMC) (OTCMKTS:WMXCF)  is a Perth based, ASX listed gold mining company that controls over 1,600 square kilometres of the Yilgarn Craton in the Northern Goldfields of WA. The Yilgarn Craton has a historic and current gold endowment of over 380 million ounces, making it one of most prolific gold regions in the world. The Company owns 100% of the Wiluna Gold Operation which has a defined resource of 8.04M oz at 1.67 g/t au. In May 2019, a new highly skilled management team took control of the Company with a clear plan to leverage the Wiluna Gold Operation's multi-million-ounce potential.

https://twitter.com/wilunamining/ https://www.facebook.com/wilunamining/ https://www.linkedin.com/company/wilunamining abnnewswire.com 


Contact

Bryan Dixon
Managing Director
Blackham Resources
T: +61-8-9322-6418

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



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