For thousands of other reports visit RSC's Mineral Intellingence Map
Blackham Resources Ltd.
Summary
| Project: | Matilda | |
|---|---|---|
| Deposit: | Wiluna Tailings | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-7-2018: Blackham Resources Ltd. announces a Resource Estimation report for its Wiluna Tailings deposit at the Matilda project. Initial mineral resource estimate for Wiluna tailings. Blackham Resources Limited (ASX: BLK) (Blackham or the Company) is ple | |
| Resources: | (Resource, Ind.): 33.6Mt @ 0.57g/t Au for 620Koz Au at Wiluna Tailings | |
| CP/QP: | [Resources]: Marcus Osiejak (Internal) | |
| ABSTRACT: | Blackham Resources Limited (ASX: BLK) (Blackham or the Company) is pleased to provide an initial Mineral Resource estimate for the historical tailings at the Company’s Wiluna Gold Operations all within 2km of the Wiluna processing plant. The historical tailings have accumulated at the site since the 1930’s and recent independent metallurgical test work has shown that potential gold recoveries of between 42-50% can be achieved through standard mining and gold leaching processes. Additional metallurgical test work will potentially enhance the gold recovery and validate how this material may supplement the Company’s operating plans. Blackham has successfully identified additional free milling ore associated with the Golden Age mineralisation and the Wiluna oxidised zones (see announcements “Wiluna High Grade Free Milling Mineralisation Extended” dated 21 June 2018 and “Multiple High-Grade Extensions Identified at Golden Age” dated 12 June 2018). The Company also continues its exploration programs into its priority Lake Way targets and has now completed the first phase of drilling. This drilling is the first new drilling in that area for 12 years and the Company is awaiting final results. Blackham will continue to add to its free-milling resource inventory at its Wiluna operations with a view to fully utilising its available assets and increasing shareholder value. Annual updated Mineral Resource estimates are currently underway for all areas at Wiluna and will be reported in the current quarter. | |
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