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Blackham Resources Bulletin Mine continues to grow

Published 27-APR-2016 12:25 P.M.


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The latest results from Blackham Resources (ASX:BLK) Bulletin Mine in Western Australia were released this week showing outstanding results.

The results come from an area situated just 150m below surface and remain open at depth.

The Bulletin Mine is part of Blackham’s 100% owned Matilda Gold Project and is a high-grade ore body located within the mineralised Wiluna Fault System.

Drilling has established gold continuity in the area between the high grade historical stopes and is expected to upgrade the resource in the area from Inferred to Indicated category.

The recent diamond drill program was designed to extend the lode identified in Blackham’s previous round of drilling between two historical slopes. Drilling totalled five underground drill holes for 691m.

The results follow the release of a Definitive Feasibility Study in February which confirmed the robust nature of the project.

Drill results of [email protected]/t from 85m including [email protected]/t from 86m in drill hole BUUD0012 and [email protected]/t from 80m including [email protected]/t from 86m in BUUD0009, demonstrated continuity of grade and width.

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Long-section looking North West of Bulletin underground workings, grade shells, designed stopes and recent drill intercepts.

The Bulletin Resource was recently upgraded to [email protected]/t for 247,000oz Au.

Further underground drilling will commence at the beginning of May. This drilling will be conducted to further infill the area down plunge of high-grade intercepts.

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