(MENAFN- ABN Newswire) Perth, Sep 25, 2017 AEST (ABN Newswire) - Blackham Resources Ltd () () provides the Company's latest Presentation at Denver Gold Forum.
Gold producer with exceptional growth opportunity
- Matilda/Wiluna Gold production commenced in Oct' 2016
- FY17 gold production 39,400oz
- Market cap ~ US$14/resource ozand US$70/reserve oz
- Resource 6.2Moz @ 3.1g/t Au, 4 large scale gold systems &over 1,000km2landholding
- Reserves 1.2Moz @ 2.5g/t Au
o 3.5 years worth of oxide reserves
- Expansion Study confirms plan to grow production to 200kozpa with long mine life
Australia's biggest gold belt
- In Australia's largest gold belt stretching from Norseman through Kalgoorlie to Wiluna
- Regional endowment > 40Moz
- Matilda/Wiluna Operation has an 11Moz endowment including >4.3Moz of past production -largest endowment in region
- Positioned economic development of existing resources and new discoveries
To view the full presentation, please visit:
About Blackham Resources Ltd
() (), is an emerging gold producer focused on its Matilda Gold Project in Western Australia where mining and production is imminent. The Matilda/Wiluna Gold Operation incorporates over 1,000 square kilometres of tenements containing total JORC 2012 resources of 63Mt @ 3.2 g/t for 6.4Moz of gold. These tenements cover around 55 kilometres of strike along the Wiluna Mine Sequence and 10 kilometres of strike along the Coles Find Sequence. The Wiluna Mine and Coles Find Sequence has historically produced 4 million ounces of gold.
All the deposits are within 26 kilometres by existing haul roads of Blackhams recently acquired Gold Plant. With exploration prospects at Mt Poole, Monarch, Carroll Prior, Red Lady, Zenith, Island and Albion in the Lakeway area provides the company with excellent exploration areas for potential future projects.
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