London International Roadshow Presentation
London International Roadshow Presentation
Perth, Nov 19, 2019 AEST (ABN Newswire) - Blackham Resources Limited (ASX:BLK) (FRA:NZ3) (OTCMKTS:BKHRF) are pleased to provide the London International Roadshow Presentation November 2019.

Summary

- Free-milling production delivering strong operational cash flow. Operational Improvements are now being consolidated with strong Sep'19 quarter and Oct'19 performance expected to continue throughout the financial year

- Balance sheet improvement continuing

- Completed "right sizing" of mining, cost cutting initiatives and operational improvements

- Low cost, low risk, near-term interim expansion to initial 100-120koz pa gold production, initial 6 year mine life and targeting +10 years

- Allows Blackham to focus on mining its highest margin reserves with flexibility to process free milling and sulphide ores

- An opportunity remains to extend open pit mine life and convert large underground Resources (18.5Mt @ 4.8g/t Au for 2.9Moz) into Reserves

- Pathway to ~250,000 oz pa with low operating cost and long mine life in a Tier 1 mining jurisdiction

To view the presentation, please visit:
https://abnnewswire.net/lnk/029TYEL7


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 +1,440km2 tenure package which has historically produced in excess of 4.4 million ounces over a 120-year mining history.

   


Contact

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

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



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