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Blackham Resources Ltd.
Summary
| Project: | Matilda | |
|---|---|---|
| Deposit: | Golden Age | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/23/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-1-2020: Blackham Resources Ltd. announces an Exploration/Drilling Update report for its Golden Age deposit at the Matilda project. Drilling results incl. 5.4m @ 9.47g/t Au from 24.1m. Blackham Resources Limited (ASX: BLK) (Blackham or the Company) is p | |
| Resources: | ||
| CP/QP: | [Overall Report]: Cain Fogarty (Internal) | |
| ABSTRACT: | Blackham Resources Limited (ASX: BLK) (Blackham or the Company) 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 971.1m. Assay results presented here are for the first 10 holes, assay results for the remaining holes are expected in the coming weeks. Blackham will now proceed with drilling further extensional targets around the Golden Age deposit as outlined in the ASX release dated 13th November 2019. Drilling has successfully delineated further high-grade footwall mineralisation below the existing Golden Age 1148 development (Figures 1&2). A significant gold halo can be observed proximal to the high-grade quartz reef. | |
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