The highlights include Matilda Gold production which commenced in Oct 2016, and it is expected that the production for FY'17 would be 60-70koz. The market capitalisation is A$197M with strong liquidity and A$35/resource oz. The expansion study is well advanced aiming to grow production beyond 200kozpa. Resource 6.4Moz @ 3.2g/t, 4 large scaleable gold systems &over 1,000km2 landholding. There are a few Australian gold projects capable of +200koz and long mine life.
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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.
Blackham Resources Ltd