Blackham Resources is very pleased to announce the granting of an extension by its lender, Orion Fund JV Limited , to defer the 31 December 2017 maturity repayment date of the Term Loan to 15 January 2018, pursuant to a standstill agreement entered into by Blackham with Orion and Blackham's key mining contractor, MACA Limited and Osisko Bermuda [...]
Blackham Resources advises that it has extended the Closing Date of its renounceable pro-rata entitlement offer to shareholders to Friday, 22 December 2017. Blackham has decided to extend the Closing Date in response to a number of shareholders advising that there had been a delay in them receiving their Prospectus and Entitlement and Acceptance [...]
Blackham Resources advises that in accordance with the timetable for the recently announced pro-rata renounceable entitlement issue, the Company has despatched the Entitlement Offer prospectus together with an Entitlement and Acceptance Form to Eligible Shareholders. Under the entitlement issue, Eligible Shareholders will be entitled to subscribe [...]
Blackham Resources provides Prospectus for a renounceable pro-rata rights issue to raise approximately $12,310,914 at an issue price of 12 cents per New Share with Eligible Shareholders having an Entitlement to subscribe for 2 New Shares for every 7 Shares held . The Entitlement Offer is partially underwritten by Barclay Wells Limited up to $3.0 [...]
Blackham Resources is pleased to provide an update on the Reserve Definition Drilling at the Bulletin Lode which has been completed as part of the Expansion Study and will provide the basis for a reserve update for the Bulletin underground mine. Drilling has tested areas currently classified as Inferred which are likely to be accessible within 3 [...]
Blackham Resources provides the Company's AGM Presentation 2017. Well funded Gold producer with exceptional growth opportunity - Gold producer o Gold production commenced in Oct' 2016 o 55,031 oz to Sep' 17 o 1.8Mtpa Free Milling Processing Plant with Extensive Infrastructure o >3.5 years of free milling reserves with further extension and targets [...]
Blackham Resources has taken a major step towards completing the re-financing of the Matilda-Wiluna Operation with an agreed initial $60 million Funding Package with Pacific Road Capital . Blackham welcomes Pacific Road as a new cornerstone shareholder and substantial financial contributor to the 6.5Moz Matilda-Wiluna Gold Operation. - A$60 million [...]
As stated in the Quarterly Report, Blackham Resources confirmed it had received strong interest in refinancing of its current debt position. Blackham is now in a position to confirm it has a credit approved term sheet to fully re-finance the A$36.7 million current secured debt position. The term sheet has the first repayment in June 2020 which [...]
The Board of Blackham Resources provides the following update on its activities for the quarter ended 30 September 2017 and thereafter. KEY POINTS: Matilda/Wiluna Gold Operation - Quarterly gold production totalled 15,619oz (Jun'17 Qtr 15,720oz) - Open pit cash inflows delayed due to: o M4 high grade ore access delayed due to geotechnical [...]
Blackham Resources provides the Annual Report to shareholders. Review of Operations Over the last six years, Blackham has consolidated the Wiluna Goldfield with a tenement package now covering over 1,100km2, into one operation that has historically produced over 4.3 million ounces. The Matilda/Wiluna Gold Operation ('Operation') is located in [...]
Blackham Resources is pleased to provide a revised Mineral Resource estimate for the Wiluna North open pits encompassing the Happy Jack, Bulletin, Squib, Essex, Golden Age North and Starlight orebodies at the Wiluna Gold Operation. Mineral Resource estimates are currently underway for the Adelaide - Moonlight areas and will be reported later this [...]
