The Directors of Blackham Resources Ltd. advise that the closing date for acceptance of applications under the Non-Underwritten Share Purchase Plan , announced on 19 September 2019, has been extended from 4 October 2019 to 5:00pm on Friday 18 October 2019. The SPP entitles eligible shareholders to purchase up to $30,000 worth of shares in the Company at $0.01 per share. The Directors believe that the extension will allow [...]
The Matilda - Wiluna Gold Operation is located in Australia's largest gold belt which stretches from Norseman to Wiluna and passes through Kalgoorlie and Leinster. Over the last eight years, Blackham Resources Ltd. has consolidated the entire Wiluna Goldfield within one tenement package covering over 1,100km2. This consolidated tenement package has historically produced over 4.4 million ounces. In October 2016, Blackham [...]
Blackham Resources Ltd. is pleased to provide updated Mineral Resource and Ore Reserve Estimates for the Wiluna, Williamson and Matilda mining centres at the Wiluna Gold Operation as at 30th June 2019. The 2019 MRRE presented in Tables 1 & 2 in link below reflect updated resource models for Wiluna and Williamson deposits, open pit mining depletions, and updated underground resource models for the Bulletin, Essex and [...]
Blackham Resources Ltd. is pleased to announce a capital raising of up to $7 million that will provide funding for key mine development work programs that will underpin Blackham's FY20 production, including pre-production activities at the Williamson open pit, a new tailings storage facility, rod mill refurbishment, and for general working capital. The capital raising comprises of a $4 million placement to a small number [...]
Blackham Resources Ltd. is pleased to provide an operations and corporate update, including the commencement of two key mine development work programs. Highlights - Commencement of key mine development work programs that will underpin CY2020 production - Preparatory work progressing for Blackham's transition to Stage 1 of its Sulphide Expansion Project - Lake Way Transaction expected to complete in the coming weeks, which [...]
Blackham Resources Ltd. Current operation focused on safely and consistently mining & processing 2Mtpa free milling ore at reduced costs Focused on a debt reduction and balance sheet enhancement program FY19 production of 65.4koz @ AISC of A$1,760/ oz FY20 guidance 70k 80koz @ AISC of A$1,550 1,750/ oz Transitioning to a low capex, low risk sulphide mining & tailings retreatment operation at ~100 120koz pa production [...]
Blackham Resources Ltd. is pleased to provide guidance for the financial year ending 30 June 2020 of 70,000-80,000oz @ an AISC of A$1,550-$1,750/oz. Blackham's gold production is largely unhedged, with current gold forward sales contracts of 13,893oz at an average price of A$1,835/oz, maturing by 31 December 2019. Highlights - Production guidance for FY20 of 70,000-80,000oz @ an AISC of A$1,550-$1,750/oz - Mining [...]
Blackham Resources Ltd. provides the following update on its activities for the quarter ended 30 June 2019 and thereafter: Highlights Matilda-Wiluna Gold Operation - FY19 production of 65,406oz @ an All In Sustaining Cost of A$1,760/oz versus guidance of 66-68koz @ an AISC of ~A$1,700/oz - Jun'19 quarterly gold production of 12,045oz @ an AISC of A$2,376/oz . Gold production was down compared to prior quarters due to the [...]
Blackham Resources Ltd. is pleased to announce that it has agreed to sell its Lake Way tenements, cancel its brine royalty and provide certain water rights to Salt Lake Potash Limited for $10 million cash whilst retaining certain gold mining rights for both those tenements and Salt Lake Potash's neighbouring tenements . The Lake Way Transaction does not restrict Blackham's mining activities as it progresses towards Stage [...]
Blackham Resources Ltd. provide the Noosa Mining & Exploration Investor Conference Investor Presentation. The company is focussed on long term gold production. - Current operation focused on safely and consistently mining and processing 2Mtpa free milling ore at reduced costs and debt reduction program - +1,600 km2 of tenure & 55 km of strike across four large gold systems in Australia's biggest gold belt - Resources: 96 [...]
Blackham Resources Ltd. is pleased to announce that it has entered into a working capital facility with MACA Limited that will assist Blackham to progress towards its transition to the Stage 1 Expansion Sulphide Development, targeting 120kozpa gold production and long mine life. Pursuant to the working capital facility, MACA will provide Blackham with working capital of up to $12 million until 29 February 2020, which will [...]
Blackham Resources Ltd. is pleased to announce that Mr Neil Meadows has joined the management team at Blackham as General Manager - Projects and Business Improvement. This recently established permanent senior position, as announced to ASX on 1 May 2019, will include responsibility for project and contract management and general oversight for the improvement of business processes. Mr Meadows has most recently worked as [...]
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