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Blackham Resources Ltd.
Summary
| Project: | Matilda | |
|---|---|---|
| Deposit: | Williamson | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-8-2018: Blackham Resources Ltd. announces an Exploration/Drilling Update report for its Williamson deposit at the Matilda project. Drilling results incl. 11m @ 11.17g/t Au from 39m. Blackham Resources Limited (ASX: BLK) (Blackham or the Company) is ple | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Cain Fogarty (Internal) | |
| ABSTRACT: | Blackham Resources Limited (ASX: BLK) (Blackham or the Company) 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 (22.8Mt @ 1.76g/t) to reserves. During June ’18, Blackham’s exploration team drilled 19 RC holes (1,926m) and 5 DD holes (1,164m) to follow-up historical drill intercepts at Williamson (Reserve 1.43Mt @ 1.5g/t Au) and early-stage targets on the nearby CarrollPrior trend. A separate aircore program (415 holes for 3,786m) tested grass roots geophysical structural targets and defined further geochemical anomalies for RC and DD drilling. | |
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