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Mining

Blackham Resources has more high grade gold at Golden Age

Latest drill results from Golden Age reef intersected up to 2.2 metres grading 18.9g/t gold including 0.8 metres at 42.1/t gold. The system remains open and previous modelling appears to be conservative....

on 09/14/2015
Mining

Blackham Resources has more free milling gold at Matilda

With more gold intersections at the Matilda Mining Centre and identified extensions that could expand the free milling, open pit mining inventory, Blackham is well on its way towards restarting the Wiluna Gold Plant....

on 09/07/2015
Mining

Blackham Resources drilling hits high grade gold at Galaxy

Drilling has intersected up to 12.84g/t gold at the free-milling Galaxy gold deposit. Further reverse circulation holes will be drilled on the eastern extensions before the company re-estimates resources. Galaxy is one of feed sources for re-commissioning the Wiluna Gold Plant....

on 08/26/2015
Mining

Blackham Resources rated a Buy with $0.36 price target from broker

State One Stockbroking has initiated coverage of Blackham Resources with a price target of $0.36. BLK, which is poised to start gold production in the second quarter of 2016, last traded at $0.15....

on 08/24/2015
Mining

Blackham Resources’ gold discovery further enhances free milling potential

With the recent discoveries, mineralisation at M4 now stretches over 2,000 metres. Further merging of the M3 and M4 pits is also likely, which would lower stripping ratios....

on 08/20/2015
Mining

Blackham Resources in bonanza 1,148g/t gold discovery at Golden Age Reef

The first hole of the company’s maiden drilling program has returned high grade visible gold of up to 1,148g/t. Assays are pending from further holes drilled to date over the next weeks....

on 08/09/2015
Mining

Blackham Resources could increase size of free-milling gold resource

Recent drilling at Iceberg 2 has intersected further shallow broad mineralisation that could help merge the M4 and M4 North open pits, improving mining economics. This supports Blackham’s goal of increasing free-milling gold resources at the Matilda Gold Project....

on 07/29/2015
Mining

Blackham Resources in visible gold find

Drilling at the Golden Age Reef has intersected visible gold with assays expected within three weeks. This is a potential high-grade free-milling gold deposit....

on 07/26/2015
Mining

Blackham Resources to grow size, confidence of free-milling gold deposit

The diamond drilling program is designed to increase both the size and confidence of the Golden Age Reef free-milling gold deposit. Drilling is ongoing at the Matilda and Galaxy deposits....

on 07/16/2015
Mining

Blackham Resources re-enters Golden Age in key step towards production

Re-establishing access to the Golden Age area of the Wiluna underground mine is another important step to implementing Blackham’s strategy of re-commissioning the Wiluna Gold Plant on free milling ores....

on 06/28/2015
Mining

Blackham Resources has early gold success at Republic Reef

Drilling targeting structural extensions of the Republic Reef analogous to the Golden Age system has intersected up to 11.5 grams per tonne gold. The company is also planning to re-enter the Golden Age development area with a view to confirming suitable drill pad positions....

on 06/16/2015
Mining

Blackham Resources fully-funded for first gold pour in Q2 2016

The first gold pour from Matilda is on track for the second quarter of 2016. Blackham has now received the first funds from the recently secured $38.5M facility.Shares in the company have tripled in the past six months....

on 06/15/2015
Mining

Blackham Resources upgrades Matilda Mine gold resource

With 89% of in-pit resources, or 424,000 ounces of gold, now in the Measured and Indicated categories, the Matilda Mine is shaping up to be a key source of base load free milling ore to recommission the Wiluna Gold Plant by the second quarter of 2016....

on 06/09/2015
Mining

Blackham Resources targets mine life growth at Matilda Gold Project

The 4,000 metre drill program will target down-plunge extensions to increase resources within open pit limits. This could extend mine life beyond the initial 4 year mine life. Matilda could be restarted in late 2015 and the project could be cash flow positive within five months of the development decision....

on 02/18/2015