(MENAFN- ABN Newswire)
Blackham Resources Ltd (ASX:BLK) (OTCMKTS:BKHRF) provides the Company's latest presentation titled "Australian Gold Producer with Outstanding Growth Opportunity".
COMPANY OVERVIEW
- Gold production in Jun'18 half of 40,024oz at AISC of A$1,294/oz (US$961/oz)
- Free milling mine plan targeting 77k-89koz annual production at AISC of A$1,250-1,450/oz
- Drilling has advanced brownfield opportunities to strengthen and lengthen reserves - focussed on building a "rolling" five year free milling mine plan
- Operating cash flows improving balance sheet and funding growth opportunities
- 1.2Moz reserves with long mine life
- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource base
COMPELLING INVESTMENT OPPORTUNITY
- Free-milling production plan delivering operational cashflow
- Balance sheet significantly strengthened over last 6 months ~ Net debt A$8M
- 1.2Moz reserves with long mine life
- Exploration programmes ongoing to strengthen and lengthen reserves -multiple targets in multiple mineralised systems
- Outstanding long-term upside from dominant land position and 6.5Moz (65Mt @ 3.1g/t) resource with well defined geology
To view the full presentation, please visit:
http://abnnewswire.net/lnk/UFS33O4J
Milan JerkovicExecutive ChairmanT: +61-8-9322-6418 Bryan Dixon Managing DirectorT: +61-8-9322-6418Jim MaloneInvestor RelationsT: +61-419-537-714John GardnerMedia EnquiriesCitadel MagnusT: +61-8-6160-4901
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