Blackham Resources: PFS signals gold production by mid-2016
Blackham Resources (ASX:BLK) has released a positive Pre-Feasibility Study (PFS) for their Matilda Gold project located in Wiluna, Western Australia. The key highlights in the PFS include an increased mine life (540,000oz), low forecasted operating costs (AISC Cost - A$1,150/oz), low capital costs ($28.0m) and a short payback (14 months). The video reviews the results, updates our valuation and highlights future share price catalysts for Blackham.
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