Blackham Resources Limited: Commits to Plant and Camp Refurbishment

Perth - Blackham Resources Limited (ASX:BLK) is pleased to announce that the Board has approved the signing of the key refurbishment contracts for the Matilda Gold Project.

The Wiluna Gold Plant refurbishment will be undertaken by Interquip/Mintrex ("Interquip"), as the Structural, Mechanical and Piping (SMP) Contractor and Practon Engineering ("Practon") as the Electrical & Instrumentation ("E & I") Contractor. All critical path long lead items for refurbishment have been ordered and engineering work has commenced.

Interquip has recently completed the refurbishment of the Thunderbox Gold Plant ahead of schedule and under budget. The same core team of management and staff have begun mobilising to the Matilda Gold Project. Interquip will work under the close supervision of the Blackham development and operations team.

The management of Practon have had a long association with the Wiluna Gold Plant and have been working on the E&I over the last 4 months with a view to ensuring the SMP contract runs efficiently and timely.

The Company is also committing to the refurbishment of the Matilda camp via a village refurbishment and village management contract with Catercare. Catercare are an industry leading catering, accommodation and facility management service provider to a range of clients across Australia.

The commitment to these key contracts at the Matilda Gold Project is another important step towards production in the September 2016 quarter.

Blackham's Managing Director, Bryan Dixon commented:

"The awarding of the SMP, E&I and Camp contracts is another key milestone in the development of the Matilda Gold Project. The Board is impressed by the quality of the contractors undertaking these roles and commitment to complete the work inside Blackhams timeline. The $20.3M Placement announced on Monday allowed for these contracts to be awarded and the work to proceed."


About Blackham Resources Ltd:

Blackham Resources Limited (ASX:BLK), a Western Australian resources company, is focused on exploration and development at the Matilda and Williamson Gold Mines in the Wiluna gold belt of Western Australia. The Matilda Gold Project incorporates over 780 square kilometres of tenements including Regent and the Matilda and Williamson Gold Mines containing total JORC 2012 resources of 44Mt @ 3.3 g/t for 4.7 Moz ounces of gold. These tenements cover around 45 kilometres of strike along the Wiluna Mine Sequence and 10 kilometres of strike along the Coles Find Sequence. The Wiluna Mine & Coles Find Sequence has historically produced 4 million ounces of gold.



Contact:

Blackham Resources Ltd
Bryan Dixon, Managing Director
T: +61-8-9322-6418

David Tasker/Tony Dawe
Professional Public Relations
T: +61-8-9388-0944