Australian Gold Producer with Outstanding Growth Opportunity

Investor Presentation
Investor Presentation
Perth, Oct 2, 2018 AEST (ABN Newswire) - Blackham Resources Ltd (ASX:BLK) (OTCMKTS:BKHRF) provides the Company's latest Investor Presentation.

COMPANY OVERVIEW

- Blackham's Matilda-Wiluna Gold Operation has 4.4Moz of historical production

- +1,100km2 of tenure & 55km of strike in Australia's biggest gold belt - the Norseman - Kalgoorlie - Wiluna belt

- Resource 96Mt @ 2.2 g/t for 6.7Moz Au(1) (58% Indicated) with all deposits < 20km from the plant

- Operational stability attained - production of 77-89koz targeted for FY2019 at AISC of A$1,250/oz-A$1,450/oz (US$940/oz-US$1,088/oz)

- Very capital efficient step-change to > 200kozpa production

- Expansion PFS highlighted - gold production avg 207okozpa, life of mine AISC A$1,058 (US$836)

- Lind Partners Investment for up to A$23m to bring balance sheet stability(2)

- Four separate large gold systems, with good mix of base load open pit & high grade underground ore sources

- Very experienced board and operational team

A COMPELLING INVESTMENT OPPORTUNITY

- Free-milling production delivering operational cashflow

- Balance sheet significantly strengthened over last 9 months

- 1.2Moz reserves (15Mt @ 2.6g/t Au) with long mine life

- Exploration programmes ongoing to strengthen and lengthen reserves

- Outstanding long-term upside from dominant land position and 6.7Moz (96Mt @ 2.2g/t Au - 68% indicated) resource with well defined geology

- Very strong Board and management team

(1) Refer to ASX release dated 13 September 2018

(2) Refer to ASX release dated 25 September 2018

To view the full presentation, please visit:
http://abnnewswire.net/lnk/1K15NDST


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

Milan Jerkovic
Chairman
T: +61-8-9322-6418

Bryan Dixon
Managing Director
T: +61-8-9322-6418

Jim Malone
Investor Relations Manager
T: +61-419-537-714

Chantelle O'Sullivan
Media Enquiries
Citadel-MAGNUS
T: +61-8-6160-4901



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