|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.