Sophisticated Investor: Expansion Study paves the way for +200koz Au production

Blackham Resources (ASX:BLK)  has announced a positive Preliminary Expansion Study for their Matilda/Wiluna Gold Operation in Western Australia.  Highlights of the study include:

·         Gold production +200koz per annum from 2020;

·         LOM AISC – A$1,170/oz;

·         9 Yr mine life (initial) – 18Mt at 2.7g/t for 1.3Moz Au; and

·         Two stage capital expansion (Stage 2A Capital $25M; Stage 2B $79M).

We interviewed Managing Director, Bryan Dixon to discuss the Expansion Study in more detail.

This can be accessed by clicking here