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Blackham Resources drill results extend Golden Age at depth

Published: 09:42 12 Dec 2018 AEDT

Open pit mine in operation at Matilda-Wiluna Gold Operation
The company has 6.7 million ounces grading 2.2 g/t gold of Resources and 1.5 million ounces grading 1.8 g/t gold of Reserves

Blackham Resources Ltd (ASX:BLK) has received drill results extending the Golden Age orebody within the Matilda-Wiluna Gold Operation in Western Australia.

Notably, drilling has confirmed the extension of gold mineralisation below the current mining areas.

Best intersections include 7 metres at 7.98 g/t gold, 7.8 metres at 18.47 g/t gold, 4.8 metres at 22.21 g/t gold, and 2.7 metres at 21.33 g/t gold.

READ: Blackham Resources’ agreement over Wiluna West likely to boost gold free milling inventory

Blackham’s managing director Bryan Dixon said: “Blackham has progressively extended the Golden Age orebody over the last two years to maintain at least 6 months mine life in our highest grade orebody. 

“Blackham is pleased to announce new drill results from the free milling Golden Age System which have identified significant extensions to mineralisation in close proximity to decline access.

“Based on the highly encouraging intercepts, further drilling is ongoing to support early expansion of the underground development to provide additional high‐grade ore to feed the Wiluna gold plant.”

Underground mine planning at Golden Age well advanced

Mining at Golden Age is currently underway at the underground Golden Age Reef and at surface at the Golden Age North open pit.

The latest results come from the Golden Age Lower underground section of the orebody.

Mine planning for the development of Golden Age Lower is currently well advanced.

In addition, Black intends to drill below the Golden Age North open pit to a depth of 200 metres and along a strike of 600 metres to assess underground mining potential.

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