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Blackham Resources Ltd.
Summary
| Project: | Matilda | |
|---|---|---|
| Deposit: | Wiluna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Scoping Study | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-5-2017: Blackham Resources Ltd. announces a Scoping Study report for its Wiluna deposit at the Matilda project. Preliminary Expansion study and expansion mining scoping study results for Matilda/Wiluna Operation. Blackham Resources Ltd ("Blackham” or “t | |
| Resources: | (Resource, Total): 63Mt @ 3.2g/t Au for 6.426Moz Au contained at Matilda Project | |
| CP/QP: | [Resources]: Marcus Osiejak (Internal) | |
| ABSTRACT: | Blackham Resources Ltd ("Blackham” or “the Company") (ASX: BLK) has pleasure in announcing the completion and successful results of the Preliminary Expansion Study on its 100% owned Matilda/Wiluna Gold Operation (“Operation”). The Preliminary Expansion Study assumes a staged expansion which would give Blackham the flexibility to treat both oxide and sulphide ores. It also provides a lower risk staged approach to development and capex over an 18 month period ramping up gold production to over 200,000ozpa. The Preliminary Expansion Study has focused on the Wiluna Sulphides to assess it independently and as part of an integrated operation with the current free milling ores at Matilda and Wiluna. It has been assumed the expanded operation would be developed in two Stages 2A and 2B. On the completion of Stage 2B it is envisaged the treatment of free milling ore would recommence allowing the two processing facilities to run in parallel with total capacity of 3.2Mtpa. The Preliminary Expansion Study assumes a staged expansion which would give Blackham the flexibility to treat both oxide and sulphide ores from July 2018, as an indicative date which will be confirmed during the Expansion Feasibility Study. It also provides a lower risk staged approach to development and capex over an 18 month period ramping up gold production of over 200,000ozpa. | |
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