Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile

Well funded Australian gold producer with exceptional growth opportunity

AGM Presentation 2017
AGM Presentation 2017

Perth, Nov 27, 2017 AEST (ABN Newswire) - Blackham Resources Ltd (googlechartASX:BLK) (googlechartBKHRF:OTCMKTS) provides the Company's AGM Presentation 2017.

Well funded Gold producer with exceptional growth opportunity

- Gold producer

o Gold production commenced in Oct' 2016

o 55,031 oz to Sep' 17 (over ~ 11 months)

o 1.8Mtpa Free Milling Processing Plant with Extensive Infrastructure

o >3.5 years of free milling reserves with further extension and targets

- Defined geological opportunity

o Part of Australia's largest gold belt with an endowment of 40Moz

o JORC Resources of 65Mt @ 3.1 g/t for 6.5Moz

o Resources have been delineated at a cost of $7/resource oz

o 4 large scale gold systems & over 1,100km2 of landholding

o All gold resources < 20km radius of the central processing plant

- Robust expansion plan

o Expansion PFS confirms robust economics for a 200kozpa long life mining operation

o Production of 1.5Moz Au over the initial 9 years

o First 6 years after expansion production averages 207,000ozpa

o NPV8% of $360M with a LOM AISC A$1,058/oz or US$836/oz

- Australia's biggest gold belt

o In Australia's largest gold belt stretching from Norseman through Kalgoorlie to Wiluna

o Regional endowment > 40Moz

o Matilda/Wiluna Operation has an 11 Moz endowment including >4.3Moz of past production - largest endowment in region

o Positioned economic development of existing resources and new discoveries

To view full presentation, please visit:
http://abnnewswire.net/lnk/06WS3TJL


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.

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Contact

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

Bruce Kendall
Chief Geological Officer
Office: +61-8-9322-6418

Jim Malone
Investor Relations
Blackham Resources Limited
Office: +61-419-537-714

John Gardner
Media Enquiries
Citadel Magnus
Office: +61-8-6160-4901



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