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MUMBWA PROJECT Kitumba Maiden Ore Reserve Statement Over 500,000 Tonnes of Contained Copper
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23 October 2013
Blackthorn Resources Limited is pleased to announce the Maiden Underground Ore Reserve for the Kitumba Deposit, located within the Mumbwa Project area in Zambia.
Managing Director Scott Lowe said:
"We are very pleased at being able to announce a maiden Ore Reserve at Kitumba of over 500,000 tonnes of copper in Probable Ore Reserves on the back of our positive PFS. We look forward to updating both the Mineral Resource estimate and Ore Reserves towards the end of the year to include our recent stellar results from the Phase 7 infill drilling. We are also looking forward to updating the recently released PFS for Kitumba with a view of optimising the economic outcomes." To view today's announcement please click here.
Kind Regards, Blackthorn Resources Limited www.blackthornresources.com.au
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info@blackthornresources.com.au | www.blackthornresources.com.au
Ph: +61 2 9357 9000 | Fax: +61 2 9332 1336
Level 5, Suite 502, 80 William Street, Sydney 2011 NSW Australia
ABN: 63 009 193 980
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Blackthorn Resources Limited
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DEVELOPMENT STAGE |
CODE : AIM.AX |
ISIN : AU000000AIM1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Blackthorn Res is a zinc and nickel development stage company based in . Blackthorn Res develops zinc, nickel and silver in Burkina Faso, and holds various exploration projects in South Africa. Its main asset in development is PERKOA in Burkina Faso and its main exploration properties are MUMBWA in Zambia and MOKOPANE in South Africa. Blackthorn Res is listed in Australia. Its market capitalisation is AU$ 374.1 millions as of today (US$ 243.2 millions, € 227.2 millions). Its stock quote reached its highest recent level on January 04, 2008 at AU$ 1.60, and its lowest recent point on December 01, 2008 at AU$ 0.01. Blackthorn Res has 1 068 849 953 shares outstanding. |