loading.........
 

Perth, May 12, 2016 AEST (ABN Newswire) - 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 ASX:BLKBlackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) Wiluna-Matilda Gold Operation is located in Australia's largest gold belt which stretches from Norseman through Kalgoorlie to Wiluna. The Operation now includes resources of 96Mt @ 2.2g/t for 6.7Moz Au all within 20kms of the central processing facility. Blackham has consolidated the entire Wiluna Goldfield within a +1,100km2 tenement package which has historically produced in excess of 4.4 million ounces over a 120-year mining history.

   


Contact

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


Related Companies

Blackham Resources Ltd    

ABN Newswire This Page Viewed:  (Last 7 Days: 14) (Last 30 Days: 87) (Since Published: 6151) 
ANALYTICS: LOGIN HERE

Blackham Resources Ltd NEWS: RECENT VISITS (20270)

Research Report

Social Media