https://www.miningweekly.com
Gold|PROJECT|Resources|Drilling|Operations
Gold|PROJECT|Resources|Drilling|Operations
gold|project|resources|drilling|operations

Blackham and GWR join forces at Wiluna

15th October 2019

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Junior gold miner Blackham Resources has signed a joint venture (JV) agreement with fellow-listed GWR Group at the Wiluna project, in Western Australia.

The JV would see the companies delineate and mine gold deposits at GWR’s Wiluna West gold project, while processing operations would take place at Blackham’s 100%-owned Wiluna Plant.

The Wiluna West gold project is estimated to host a combined Joint Ore Reserves Committee-compliant resource of 4.16-million tonnes, grading 2.2 g/t gold for an estimated 289 000 oz of gold.

Under the terms of the agreement, GWR will be responsible for drilling the gold deposits, and once a resource definition and initial metallurgical testwork has been completed, the deposit could be introduced to Blackham as a proposed qualifying deposit.

Blackham will then undertake a feasibility study to determine the economic potential of the project, after which the deposit will be included in the JV.

“This landmark agreement is a significant milestone for the company, transitioning us from developer to miner and producer,” said GWR GM Adrian Castello.

Blackham executive chairperson Milan Jerkovic said that the JV was an opportunity to partner with an emerging junior gold mine, and aligned with Blackham’s strategy to sue the Wiluna plant to process external party ore as it seeks to optimise free milling operations as part of its transition to a Stage 1 sulphide expansion.

Edited by Creamer Media Reporter

Comments

Latest News

Resources Watch
Resources Watch
27th March 2024

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.128 0.161s - 93pq - 2rq
Subscribe Now