Blackham Resources has edged closer to achieving gold production from its Matilda Gold Mine with the commencement of open pit mining and underground development work at the project.
The Matilda Gold Project incorporates over 780 square kilometres of tenements containing total JORC 2012 resources of 48Mt @ 3.3 g/t for 5.1Moz of gold. The project has an initial mine life of 8 years that is growing very rapidly.
The company’s contractor MACA Ltd has mobilised the initial mining fleet and commenced mining operations at the Matilda M10 open pit.
In addition, Pybar Mining Services commenced underground development at the high grade Golden Age orebody, which contains 1.3Mt @ 3.84g/t Au for 158,000oz of resource.
“The commencement of mining represents another significant milestone in the Company’s transition from gold explorer to producer at a time of record Australian gold prices,” said Blackham’s Managing Director Bryan Dixon.
According to him, the commencement of wet commissioning of the Wiluna processing plant, which has a capacity of 1.1 million to 1.5 million tonnes per annum, is on track to begin next month.