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Blackham Resources’ drilling extends high-grade free-milling mineralisation at Wiluna Mine

Published: 14:30 21 Jun 2018 AEST

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Mining studies well advanced on the Wiluna free milling starter pits

Blackham Resources Ltd (ASX:BLK) has revealed high-grade drilling results from the Wiluna Gold Project in Western Australia.

The high-grade free-milling mineralisation confirmed near the surface include:

• 20 metres at 4.84 g/t gold from 5 metres;
• 19 metres at 3.52 g/t gold from 3 metres;
• 19 metres at 6.36 g/t gold from 35 metres; and
• 7 metres at 7.62 g/t gold from 35 metres.

READ: Blackham Resources reveals potential to extend gold mining area at Golden Age

From March 2018 to May 2018, Blackham drilled 133 holes for 11,612 metres focused on delineating further free milling open pit reserves over the 3.7 kilometres of strike at the Wiluna Mine.

The latest results reported are from the final 66 holes received (5,326 metres).

All Wiluna Mine drilling assays have now been received and will be incorporated into Blackham’s next resources and reserves update anticipated in the September 2018 quarter.

READ: Blackham Resources drill results reveal potential for new open pits

It is worth noting that Blackham already has a probable reserve of 669,000 ounces of gold (7.7 million tonnes at 2.7 g/t gold) within the Wiluna open pit cutbacks.

The latest drilling results are expected to support substantial increases to open pit resources and reserves within the open pits.

Fast-tracking pit design and approvals to mine

Further drilling is planned to close out open-pit mineralisation ahead of finalising mine designs for the free milling starter pits.

Blackham’s next resources and reserves update will incorporate these results and is expected to be completed in the September 2018 quarter.

The company is currently fast-tracking pit designs and approvals to mine the high-grade East West Cross Structures and Golden Age North pits in the December 2018 quarter.

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