FINANCE VIDEO: Blackham Resources Ltd - Production Update - March 2017
Sydney - Blackham Resources Ltd (ASX:BLK) (OTCMKTS:BKHRF) has provided an update on recent events associated with its Matilda/Wiluna gold production activities. Gold production for the March 2017 quarter was 15,056oz* (8,773oz Dec'16 Qtr) (*interim unreconciled).Significant improvements in crusher and mill performance were seen during the quarter, however lower grade profile resulted in lower than forecast production.
We interviewed Managing Director, Bryan Dixon for an update on the quarter with topics discussed including:
- Gold production during the past quarter;
- Open pit mining and underground results for the quarter;
- The processing facilities performance; and
- The expansion study
To view the video, please visit:
http://www.abnnewswire.net/press/en/87772/BLK
About Blackham Resources Ltd:
Blackham Resources Limited (ASX:BLK), is an emerging gold producer focused on its Matilda Gold Project in Western Australia where mining and production is imminent. The Matilda/Wiluna Gold Operation incorporates over 1,000 square kilometres of tenements containing total JORC 2012 resources of 63Mt @ 3.2 g/t for 6.4Moz of gold. These tenements cover around 55 kilometres of strike along the Wiluna Mine Sequence and 10 kilometres of strike along the Coles Find Sequence. The Wiluna Mine and Coles Find Sequence has historically produced 4 million ounces of gold.
All the deposits are within 26 kilometres by existing haul roads of Blackhams recently acquired Gold Plant. With exploration prospects at Mt Poole, Monarch, Carroll Prior, Red Lady, Zenith, Island and Albion in the Lakeway area provides the company with excellent exploration areas for potential future projects.
About The Sophisticated Investor:
The Sophisticated Investor is a new equity investment tool which seeks to assist investors in becoming more informed in their investment decision making. We show and tell investors about a company in a series of short, informative videos. We possess specialist equity analyst skills and are complemented by video professionals. We conduct site visits and interview management, in a way most investors simply aren’t able to access. We promote long term value creation for investors by employing detailed financial analysis and intrinsic value calculations.
Source: Blackham Resources Ltd / The Sophisticated Investor
Contact:
Adam Kiley Director
TSI Capital Pty Ltd
E: adam.kiley@tsicapital.com.au
