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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, 09:00Mercator Gold raises £422,500 through placing

The company has placed shares with institutional and ultra high net worth investors, and the proceeds will allow it to develop existing projects and pursue new projects of merit

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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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, December 16, 2009

Blackthorn Resources releases phase 3 drilling results

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Blackthorn Resources (ASX: BTR) has provided a progress report for gold exploration activities on its 100% owned exploration tenements at Burkina Faso in West Africa.

The Company completed the Phase 3 Rotary Air Blast drilling program comprising a total of 236 holes for 4,063m to test several anomalies beneath laterite and/or alluvial cover.

The program was completed in 2 stages as the annual wet season and crop harvests in the region inhibited access to some planned targets over 5 prospects.

Results from the first stage of the program were announced on 12 October 2009. The second stage of drilling completed an additional 196 shallow, vertical RAB holes totalling 3,477 metres. Preliminary gold assay results were received from all prospects. Assays for base metals Copper, Lead and Zinc were received from the POA prospect only and all other results are pending.

Preliminary assay results have identified gold mineralisation on the TZ-21 prospect which includes a drilled thickness intersection of 24m at 2.25 g/t gold in hole TZ21-RB-023.

The second stage of the Phase 3 program comprised 196 RAB holes totalling 3,477m drilled on 5 prospects including POA, IK, Q22, TZ-21 and SEMAPOUN.

Follow-up exploration will consider additional drilling by RAB, RC and/or Cored methods together with extensions to geophysical survey grids

Newmont Ventures is conducting gravity and stream sediment sampling in the region and has agreed to continue this work over tenements held by Blackthorn Resources. The program is being funded by Newmont and results of the data will be shared with Blackthorn Resources

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