Large pit growing in size and grade

Highlights

  • Open pit resources within an A$1,800/oz pit shell for East and West lodes now sit at 8.5Mt @ 2.83g/t for 770Koz (76% Indicated)
    o high grade for an open pit
    o 23% increase in diluted grade from previous model
    o 80% of the resource falls into a A$1,400/oz pit shell
    o Pit designs and Ore Reserves are nearing completion
  • Open pit resources for all the Wiluna lodes now 12.9Mt @ 2.8g/t for 1.2Moz

Blackham Resources Ltd  is pleased to provide a revised Mineral Resource estimate for the East and West lodes at the Matilda/Wiluna Gold Operation. Mineral Resource estimates are currently underway for the Happy Jack – Bulletin and Adelaide – Moonlight areas and will be reported later this quarter.

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