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

Perth, July 18, 2018 AEST (ABN Newswire) - Blackham Resources Ltd (googlechartASX:BLK) (googlechartBKHRF:OTCMKTS) provides the Company's latest presentation titled "Australian Gold Producer with Outstanding Growth Opportunity".

COMPANY OVERVIEW

- Gold production in Jun'18 half of 40,024oz at AISC of A$1,294/oz (US$961/oz)

- Free milling mine plan targeting 77k-89koz annual production at AISC of A$1,250-1,450/oz

- Drilling has advanced brownfield opportunities to strengthen and lengthen reserves - focussed on building a "rolling" five year free milling mine plan

- Operating cash flows improving balance sheet and funding growth opportunities

- 1.2Moz reserves with long mine life

- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource base

COMPELLING INVESTMENT OPPORTUNITY

- Free-milling production plan delivering operational cashflow

- Balance sheet significantly strengthened over last 6 months ~ Net debt A$8M

- 1.2Moz reserves with long mine life

- Exploration programmes ongoing to strengthen and lengthen reserves -multiple targets in multiple mineralised systems

- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource with well defined geology

To view the full presentation, please visit:
http://abnnewswire.net/lnk/UFS33O4J


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.

https://twitter.com/wilunamining/ https://www.facebook.com/wilunamining/ https://www.linkedin.com/company/wilunamining abnnewswire.com 


Contact

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

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

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

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



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