AUSTRALIAN GOLD PRODUCER
WITH EXCEPTIONAL GROWTH
OPPORTUNITY
.

share price

current gold price

Media

November 16, 2018

Institutional Research Note – Initiation of coverage by Alternative Resource Capital of London

October 18, 2018

Blackham shifts open pit focus from Matilda

August 30, 2018

Diggers & Dealers Interview

July 20, 2018

The West Australian: 12 April 2018

Latest announcements

ATTENTION ALL SHAREHOLDERS

Prospectus supporting the fully underwritten $26 million entitlement issue to position Blackham for transition to +100,000 oz. per annum gold producer.

Highlights

  • Fully underwritten renounceable entitlements issue to raise $25.8 million (before costs)
  • All current shareholders entitled to participate in the raising.
  • Entitlements issue supported by key stakeholders including MACA and Lind
  • Executive Chairman Milan Jerkovic will personally sub-underwrite and commit $1.16 million to the capital raise
  • The funds raised from the Entitlement Offer are expected to be applied towards:
    • operational improvements to the existing Matilda-Wiluna Gold Operation (Operation) aimed at increasing production and margins;
    • Expansion DFS on the Operation, including drilling and negotiation of offtake and funding arrangements;
    • Resource and Reserve drilling on high priority targets;
    • payment of amounts owed to MACA and repayment of amounts owed to Lind;
    • ongoing working capital; and
    • costs of the Entitlement Offer
Read Now

share price

current gold price

Media

November 16, 2018

Institutional Research Note – Initiation of coverage by Alternative Resource Capital of London

October 18, 2018

Blackham shifts open pit focus from Matilda

August 30, 2018

Diggers & Dealers Interview

July 20, 2018

The West Australian: 12 April 2018

Latest announcements

ATTENTION ALL SHAREHOLDERS

Prospectus supporting the fully underwritten $26 million entitlement issue to position Blackham for transition to +100,000 oz. per annum gold producer.

Highlights

  • Fully underwritten renounceable entitlements issue to raise $25.8 million (before costs)
  • All current shareholders entitled to participate in the raising.
  • Entitlements issue supported by key stakeholders including MACA and Lind
  • Executive Chairman Milan Jerkovic will personally sub-underwrite and commit $1.16 million to the capital raise
  • Capital raising will provide funding to implement expansion and cost reduction at the current operations
  • Complete the expansion DFS
  • Pay down debt; and
  • Fund a material drilling programme targeting high grade reserves expansion.
    Pro-rata renounceable 5 new ordinary shares for every 4 shares (held on the record date) entitlement issue at 1.5 cents with a 1 for 3 free, listed option exercisable at 3 cents expiring 12 October 2020.
Read Now

East / West Resource Revealed

Exploration – Matilda & Williamson

Site Trip

Blackham Resources Limited “Blackham” is a Perth based, ASX listed gold mining company that owns 100% of the Matilda-Wiluna Gold operation located in the Northern Goldfields of Western Australia. Blackham have produced approximately 110,000 ounces of gold since they commenced production in October 2016, and produced 70,565 ounces of gold in the 2017/2018 Financial year. The Matilda-Wiluna gold operation is currently a free milling, open pit mining operation supported by reserves at the Matilda, Wiluna and Williamson open pit mines and the Golden Age underground mine. Read More.

July 24, 2018

Matilda/Wiluna Gold Operation

July 24, 2018

Matilda Mine

July 23, 2018

Wiluna Mine

July 23, 2018

Williamson Mine

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