Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile
Share Trading Activity and Operations Update
Share Trading Activity and Operations Update

Perth, May 26, 2017 AEST (ABN Newswire) - Blackham Resources Ltd (googlechartASX:BLK) (googlechartBKHRF:OTCMKTS) ("Blackham") has noted the significant trading activity in its shares over the past week. Blackham is not aware of any information to explain the volumes or movements in recent share trading activity.

As indicated in the March 2017 Quarterly Report and other recent announcements, the Matilda/Wiluna Gold Operations gold production continues to improve quarter on quarter.

The Wiluna gold plant is now running at above the name plate capacity of 1.7Mtpa.

As mentioned in the Quarterly, April open pit mining material movement was below target, however mining material movement in May is now above target. Mining of the higher grade galaxy open pit has commenced. Stoping in the Golden Age underground orebody is ongoing.

Mill grade profile is expected to increase going forward with improved grade coming from the M4 and Galaxy pits and the Golden Age ore.

Blackham reconfirms its gold production guidance of 40,000 to 45,000oz for FY17 being circa 8 months since first gold pour.

The successful results from the Preliminary Expansion Study aimed at growing gold production beyond 200,000ozpa was released on 8 May 2017. Blackham released exceptional drilling results from the East and West lode drilling on 22 May 2017.

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About Wiluna Mining Corporation Ltd

Wiluna Mining Corporation LtdWiluna Mining Corporation (ASX:WMC) (OTCMKTS:WMXCF)  is a Perth based, ASX listed gold mining company that controls over 1,600 square kilometres of the Yilgarn Craton in the Northern Goldfields of WA. The Yilgarn Craton has a historic and current gold endowment of over 380 million ounces, making it one of most prolific gold regions in the world. The Company owns 100% of the Wiluna Gold Operation which has a defined resource of 8.04M oz at 1.67 g/t au. In May 2019, a new highly skilled management team took control of the Company with a clear plan to leverage the Wiluna Gold Operation's multi-million-ounce potential.

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Contact

Bryan Dixon
Managing Director
Blackham Resources Limited
Office: +61-8-9322-6418

Jim Malone
Investor Relations Manager
Blackham Resources Limited
Office: +61-419-537-714



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