Wiluna Mining Corporation Ltd Stock Market Press Releases and Company Profile
London International Roadshow Presentation
London International Roadshow Presentation

Perth, Nov 19, 2019 AEST (ABN Newswire) - Blackham Resources Limited (googlechartASX:BLK) (googlechartNZ3:FRA) (googlechartBKHRF:OTCMKTS) 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 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

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

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



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