Well funded Australian gold producer with exceptional growth opportunity

AGM Presentation 2017
AGM Presentation 2017
Perth, Nov 27, 2017 AEST (ABN Newswire) - Blackham Resources Ltd (ASX:BLK) (OTCMKTS:BKHRF) 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 (over ~ 11 months)

o 1.8Mtpa Free Milling Processing Plant with Extensive Infrastructure

o >3.5 years of free milling reserves with further extension and targets

- Defined geological opportunity

o Part of Australia's largest gold belt with an endowment of 40Moz

o JORC Resources of 65Mt @ 3.1 g/t for 6.5Moz

o Resources have been delineated at a cost of $7/resource oz

o 4 large scale gold systems & over 1,100km2 of landholding

o All gold resources < 20km radius of the central processing plant

- Robust expansion plan

o Expansion PFS confirms robust economics for a 200kozpa long life mining operation

o Production of 1.5Moz Au over the initial 9 years

o First 6 years after expansion production averages 207,000ozpa

o NPV8% of $360M with a LOM AISC A$1,058/oz or US$836/oz

- Australia's biggest gold belt

o In Australia's largest gold belt stretching from Norseman through Kalgoorlie to Wiluna

o Regional endowment > 40Moz

o Matilda/Wiluna Operation has an 11 Moz endowment including >4.3Moz of past production - largest endowment in region

o Positioned economic development of existing resources and new discoveries

To view full presentation, please visit:
http://abnnewswire.net/lnk/06WS3TJL


About Blackham Resources Ltd

Blackham Resources ASX:BLKBlackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) Wiluna-Matilda Gold Operation is located in Australia's largest gold belt which stretches from Norseman through Kalgoorlie to Wiluna. The Operation now includes resources of 96Mt @ 2.2g/t for 6.7Moz Au all within 20kms of the central processing facility. Blackham has consolidated the entire Wiluna Goldfield within a +1,100km2 tenement package which has historically produced in excess of 4.4 million ounces over a 120-year mining history.

   


Contact

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

Bruce Kendall
Chief Geological Officer
Office: +61-8-9322-6418

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

John Gardner
Media Enquiries
Citadel Magnus
Office: +61-8-6160-4901



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