Blackham Resources Ltd. is pleased to report on positive results from reserve development drilling designed to expand and upgrade reserves ahead of Stage 1 sulphides production at the Wiluna gold project. Drilling has commenced targeting high-grade zones anticipated to be mined early in the mine plan, which are located close to surface and close to existing underground infrastructure to allow for rapid development [...]
Blackham Resources Ltd. is pleased to announce the successful commissioning of its Rod Mill and new Ball Mill motor, both of which will provide for significantly higher throughput, thereby increasing production, reducing unit processing costs and improving cash flow. As highlighted in the Company's Dec'19 Quarterly Activities Report , the Company had completed the refurbishment of the Rod Mill prior to the end of 2019 [...]
Blackham Resources Ltd. is pleased to provide attached a presentation on its operations and activities. Blackham has also prepared video presentations, providing a brief overview of the Company's operations that can be viewed at the following links: Corporate Update Video Presentation https://www.abnnewswire.net/lnk/13SB2ZQ2 Highlights Video Presentation https://www.abnnewswire.net/lnk/3T45485S To view the presentation [...]
Blackham Resources Ltd. is pleased to provide an update of resource and reserve development drilling at the high-grade, free-milling Golden Age ore body at the Wiluna underground mine. Golden Age is currently Blackham's highest-grade producing orebody, and the Company continues to test extensions to sustain or increase this production over the next 12-18 months. Phase 1 of the Golden Age program has comprised 17 holes for [...]
Blackham Resources Ltd. provides the following update on its activities for the quarter ended 31 December 2019, and thereafter: Highlights - December quarter production of 20,003oz. - Gold production and cost guidance maintained at 70,000 - 80,000 oz @ AISC of $1,550 to $1750/oz. - Operational turnaround contributes to significant balance sheet repair for the six months ended Dec'19: o Total debt reduction of $9.2m o [...]
Blackham Resources Ltd. provides the following update on its activities, including its completed Stage 1 Expansion Study: Highlights Operations Update - Gold production and cost guidance maintained - Continuing strong operating performance further strengthens balance sheet - Mining rates at Williamson continuing with first ore accessed - Construction of Tails Storage Facility K well advanced - Rod mill refurbishment [...]
Blackham Resources Ltd. is pleased to announce that Mr Neil Meadows, who originally joined the executive team earlier in the year as General Manager - Projects and Business Improvement, has been appointed as Blackham's Operations Director. Neil in his role as Operations Director will take responsibility for the company's operations, projects delivery, contract management and general oversight of the improvement of BLK's [...]
Blackham Resources Ltd. are pleased to provide the London International Roadshow Presentation November 2019. Summary - Free-milling production delivering strong operational cash flow. Operational Improvements are now being consolidated with strong Sep'19 quarter and Oct'19 performance expected to continue throughout the financial year - Balance sheet improvement continuing - Completed "right sizing" of mining, cost [...]
Blackham Resources Ltd. is pleased to provide an update of resource and reserve development initiatives targeting high-grade, free-milling ore bodies in close proximity to Blackham's Wiluna plant. Highlights - Free-milling underground resource and reserve drilling program commenced, multiple high-grade targets - Wiluna free-milling underground continues to deliver: Sep'19 Qtr 4,958oz mined - Drill program is targeting [...]
Blackham Resources Ltd. is pleased to announce that it has signed a Joint Venture Agreement with GWR Group Ltd to mine the Wiluna West Gold Project. The JVA builds upon the Binding Heads of Agreement, see ASX release dated 23rd November 2018. Highlights - Joint Venture for the development, mining and processing of gold deposits within GWR's Wiluna West Gold Project at Blackham's Wiluna Gold Processing Plant - Blackham [...]
Blackham Resources Ltd. provides the following update on its activities for the quarter ended 30 September 2019, and thereafter: Highlights - Significant turnaround, production within guidance, costs below guidance - Quarterly results strengthen balance sheet from improved operational performance and cost reductions - Strong operating cash flows of $9m, an $18m improvement on the prior quarter - $6m debt reduction and [...]
Blackham Resources Ltd. is pleased to provide an update to shareholders on the Lake Way Transaction. Lake Way Transaction The Lake Way Transaction1 with Salt Lake Potash Limited has completed, with Blackham receiving $7 million cash, which is in addition to the $3 million deposit that was received from Salt Lake Potash in July 2019. Salt Lake Potash will also contribute up to a further $10 million to the pre-strip of the [...]
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