For thousands of other reports visit RSC's Mineral Intellingence Map
Blackham Resources Ltd.
Summary
| Project: | Matilda | |
|---|---|---|
| Deposit: | Wiluna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-3-2020: Blackham Resources Ltd. announces an Exploration/Drilling Update report for its Wiluna deposit at the Matilda project. Drilling results incl. 21.0m @ 7.04g/t Au from 196m. Blackham Resources Limited (Blackham or the Company) is pleased to repor | |
| Resources: | (Reserves, Prob.): 0.3Mt @ 2.2g/t Au (21koz Au) at Matilda | |
| CP/QP: | [Overall Report]: Cain Fogarty (Internal) | |
| ABSTRACT: | Blackham Resources Limited (Blackham or the Company) is pleased to report further strong results from resource and reserve development drilling designed to expand reserves ahead of Stage 1 Sulphide Expansion production at its 6.4 million ounce Wiluna Gold Mine from mid-2020. Stage 1 sulphide production aims to ramp up through 2021 to 100-120,000oz per annum. Wiluna is endowed with a large underground sulphide resource that currently stands at 18.5Mt @ 4.82 g/t for 2.9Moz, including 1.7Moz (58%) in the inferred category, which presents the Company with substantial reserve conversion and life-of-mine extension opportunities. Blackham’s strategy is to target high-grade +5g/t shoots on the main East and West gold structures (Figure 2), which have a combined strike length of 7km. High-grade shoot discoveries within 300m of surface could be quickly brought into the mine plan as substantial mine development already exists including 5 access declines. The current program targeting infill of high grade inferred resources and new shallow shoot discoveries is part of a larger program of 45,000m planned over the next 18 months. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report