By Bevis Yeo
Proactive Investors (Hong Kong)
Blackham Resources’ drilling at its Matilda Gold Project in Western Australia has identified a new shallow oxide deposit as well as potential for underground extensions at its M2 deposit.
The resource inventory at the Matilda Gold Project is currently 25 million tonnes grading 1.9 grams per tonne for 1.5 million ounces of contained gold.
Further Matilda drilling is currently being planned while preparations underway for the maiden Williamson drilling campaign.