Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile
Australian Gold Producer with Exceptional Growth Opportunity
Australian Gold Producer with Exceptional Growth Opportunity

Perth, Mar 27, 2017 AEST (ABN Newswire) - Blackham Resources Ltd (googlechartASX:BLK) (googlechartBKHRF:OTCMKTS) is pleased to provide the Company's latest Presentation.

Gold producer with exceptional growth opportunity

- Matilda Gold production commenced in Oct 2016 and production ramping up

- Market cap ~ A$187M with strong liquidity ~ A$29/resource oz

- Resource 6.4Moz @ 3.2g/t, 4 large scaleable gold systems &over 1,000km2 landholding

- Initial Expansion study nearing completion aiming to grow production beyond 200kozpa

- Few Australian gold projects capable of +200koz with long mine life

Blackham Strategy

- Strengthening and lengthening reserves profile

- Game changing discoveries & opportunistic bolt on acquisitions

Matilda -Stage 1 ~100,000ozpa

- Gold production started from oxides & high grade free milling reefs

- Soft free milling ore will be used build balance sheet

- Exploration on high grade reefs & base load oxide ore

- Rapidly growing long term mine plan

Matilda & Wiluna-Stage 2 +200,000ozpa

- Additional ore feed from Wiluna sulphides -5.1Moz @ 3.9g/t

- Additional milling capacity to supply the existing sulphide circuit

- Wiluna open pit resource success underpins expansion plan

- Open pit mining and processing studies in progress

- Expansion study aimed at expanding production to +200kozpa

Blackham's Matilda/Wiluna Vision

- Gold production currently being ramped up

- Gold producer with scaleable resources and potential of long mine life

- High margins and returns for shareholders

- Initial expansion study aimed at growing production to ~ 200-240kozpa to better monetise the 6.4Moz resource nearing completion

To view the full presentation, please visit:
http://abnnewswire.net/lnk/J73BA39M


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

Blackham Resources Ltd
T: +61-8-9322-6418
F: +61-8-9322-6398
WWW: www.blackhamresources.com.au



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