Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile
WA Mining Club Presentation
WA Mining Club Presentation

Sydney, July 28, 2016 AEST (ABN Newswire) - Blackham Resources Ltd (googlechartASX:BLK) are pleased to provide the Company's latest corporate presentation at the WA Mining Club titled, "Gold, Gold to Australia, Gold".

Australia's newest gold miner

- Gold mining at Matilda Gold Project commenced earlier this month

- Matilda Gold Project targeting production this quarter

- Feasibility confirms +100,000ozpa, robust economics with low risk start up strategy

- +8 year mine life across 4 large gold systems

- 5.1Moz Au resource & 780km2 landholding in Australia's biggest gold belt

- Market cap ~ A$212M with strong liquidity = A$41/resource oz

- Production expansion studies underway to better utilise the 5Moz resource

Blackham & Matilda Strategy

Blackham Strategy

- Australia's next +100,000ozpa gold producer with EBITDA $60-70Mpa

- Strengthen and lengthen reserves profile

- Game changing discoveries and opportunistic bolt on acquisitions

Matilda Strategy

Stage 1

- Gold production this quarter from oxides & high grade free milling reefs

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

- Aggressive exploration on high grade reefs & base load oxide ore

Stage 2

- Huge optionality of the Wiluna sulphides - 3.5Moz @ 5.8g/t

- Rapidly growing long term mine plan

- +5 year reserves & +8 years including mining inventory

- Targeting 10 year mining inventory & long term operation

- Expansion options study underway to expand annual production significantly

To view the presentation, please visit:
http://abnnewswire.net/lnk/HC71X133


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
E: info@blackhamresources.com.au
www.blackhamresources.com.au

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



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