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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 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.

    


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

Wiluna Mining Corporation Ltd    

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