Blackham Resources Ltd. is pleased to announce an increased Ore Reserve estimate for the Matilda-Wiluna Operation of 26Mt @1.8g/t for 1.53Moz of gold as at 30 June 2018. The Company continues to progressively assess the Operation's Resource base total of 96Mt @ 2.2g/t for 6.7Moz , with further conversion expected into reserves. There are currently 3.2Moz @ 4.6g/t Au in underground resources sitting outside of Reserves [...]
Blackham Resources Ltd. provides the following update on its activities for the quarter ended 30 September 2018 and thereafter: Highlights Matilda-Wiluna Gold Operation - Over the last three quarters gold production has been successfully stabilised at an average of 19,700oz per quarter - Sep'18 quarterly gold production of 19,049oz - Record throughput in Sep'18 quarter of 556kt - Strong production in month of Sep'18 of [...]
Blackham Resources Ltd. is pleased to advise it has commenced open pit mining at Wiluna of its recently defined free milling ore. It has been 10 years since open pit mining last took place at the Wiluna Mine. Highlights - Wiluna open pit mining commences in free milling ore from surface - Wiluna average ore grades higher than the Matilda ore - In line with the mine plan adopted at the start of the year, the remaining open [...]
Blackham Resources Ltd. provides the Company's Annual Report to shareholders. Chairman's Letter Dear Shareholders, During the past 12 months, your Company continued its journey to establishing itself as a profitable gold producer. A number of operating, technical, financing and corporate challenges needed to be overcome to produce a significant turnaround in the second half of the financial year. Operations were difficult [...]
Blackham Resources Ltd. provides the Company's latest Investor Presentation. COMPANY OVERVIEW - Blackham's Matilda-Wiluna Gold Operation has 4.4Moz of historical production - +1,100km2 of tenure & 55km of strike in Australia's biggest gold belt - the Norseman - Kalgoorlie - Wiluna belt - Resource 96Mt @ 2.2 g/t for 6.7Moz Au with all deposits < 20km from the plant - Operational stability attained - production of 77-89koz [...]
Blackham Resources Ltd. reports its financial results for the financial year ended 30 June 2018. EXPLANATION OF RESULTS - The Company recorded a loss for the year ended 30 June 2018 of $20.0 million. $14.4m of the loss was incurred in the first half of the year which was mostly impacted by low gold production at the Matilda-Wiluna Gold Operation, where production and mill feed head grade was hampered by 43% of mill feed [...]
Blackham Resources Ltd. is pleased to announce that it has executed an agreement with an entity managed by The Lind Partners, a New York based institutional fund manager, for an investment of up to A$23 million in total capital . The initial funding commitment will be provided within seven business days. - The Lind Partners has agreed to invest up to A$23 million - Initial convertible security of A$7.5 million to repay [...]
Blackham Resources Ltd. is pleased to confirm that mining will recommence at Wiluna in September 2018. Additionally, final results are available from the latest Wiluna free-milling resource extension drill programme. Highlights - Resource extension drilling around Golden Age North pit indicates strong potential for additional ore along strike and at depth, ahead of mining scheduled in the second half of 2018: 8m @ 9.10 [...]
Blackham Resources Ltd. is pleased to provide a revised Mineral Resource estimate for the Matilda-Wiluna Operation of 96Mt @ 2.2g/t for 6.7Moz of gold, which includes Indicated Resources of 69Mt @ 1.7/t for 3.88Moz. Mineral Reserve calculation is currently underway and will be reported in the near future. Highlights - Total Resources now 96Mt @ 2.2g/t for 6.7Moz - Resources increase 9% in 1 year after mining depletion [...]
Blackham Resources Ltd. is pleased to present exploration drilling results from the free-milling Lake Way deposits, located 18km south of Blackham's Wiluna gold plant. Blackham's exploration strategy is designed to extend the free-milling mine life to 5 years by targeting new discoveries and progressively converting the current large free-milling 1.3Moz resource base to reserves. Highlights - RC and core drilling [...]
Blackham Resources provides the Company's Diggers and Dealers Presentation 2018. COMPANY OVERVIEW - Outstanding long-term upside from dominant land position and 6.5Moz resource base - Gold production in Jun'18 half of 40koz - Production guidance FY19 ~ 77k-89koz - Drilling has advanced brownfield opportunities to strengthen and lengthen reserves - Operating cash flows improving balance sheet and funding growth [...]
Blackham Resources announces the resignation of Mr Greg Miles as a Non-Executive Director and the appointment of Mr Geoff Jones as a Non-Executive Director of the Company, as Blackham prepares for the next phase of its evolution. Greg Miles has served on the Blackham Board for nearly seven years, initially as an Executive then as a Non-Executive Director. Greg was fundamental in investigating and then securing the [...]
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