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Additional Information
Market: ASX
Sector: General Mining
Epic: .BTR
News: Latest news
Web Site: Blackthorn Resources
Other Articles: 01-03-201018-02-201027-01-2010

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Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin

This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Blackthorn Resources

Blackthorn Resources

Blackthorn Resources (ASX: BTR) is an Australian-based resources company with a diverse portfolio of African assets, including zinc, gold, copper, Nickel and Platinum Group Metals. 

Blackthorn Resources endeavours to create long-term wealth for its shareholders and stakeholders through the successful development of its four key assets which include: the Perkoa Zinc project in Burkina Faso; the Burkina Faso Gold exploration project; the Mumbwa iron oxide copper-gold Joint Venture with BHP Billiton and the Mokopane nickel/platinum Project.

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Wednesday, July 01, 2009

Blackthorn Resources reports Phase II exploration drilling results in Burkina Faso

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Blackthorn Resources (ASX: BTR) released results from Phase 2 of a three phased, 6,000 metre reverse circulation (“RC”) drilling program being completed on the Company’s 100% owned exploration properties in Burkina Faso.

The phase 2 program included 11 drill holes (1,570 metres) targeting five prospects.  Gold mineralisation was intersected in 8 holes, with continued gold mineralisation confirmed in three of the prospects.#

At the ‘Q22’ prospect, the best hold intersected 5 metres at 1.08 grams per tonne from 65 metres.  At the ‘IK’ prospect, the best hold intersected 7 metres at 0.86 grams per tonne gold from 54 metres. Finally, at the ‘POA’ prospect, the best intersect was 2 metres at 5.66 grams per tonne gold from 129 metres.  Gold mineralisation was also intersected on the ‘Mantian Hill’ prospect.

Blackthorn said it was “encouraged” by the results to date, and that it would now move on to the Phase III drilling campaign to follow up on indentified gold anomalies and to drill test the ‘Semapoun’ prospect.

“Blackthorn Resources is reviewing the current data-set and planning the third phase of drilling to follow up identified gold mineralisation and target other untested prospects, “ the company stated. “Prior to drilling follow up holes where gold mineralisation was identified in previous drilling, the Company has planned to carryout additional trenching and extend previously established geophysical survey grids to expand the search area. It is proposed to conduct an additional 25 line Km of geophysical IP surveys prior to commencing additional drilling in the final Phase 3 stage. “

Managing Director Scott Lowe said “We are continuing to see evidence of gold mineralisation on these prospects and this has given us confidence to continue our exploration efforts. Gold mining is an emerging and growing industry in Burkina Faso, and Blackthorn is well positioned to respond quickly should an economic deposit be found within our exploration lease areas.“

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