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MUMBWA PROJECT - BLACKTHORN RESOURCES PLANS PHASE 5 DRILLING PROGRAM AT MUMBWA IN ZAMBIA - | |
30 June 2011
Blackthorn Resources advise that a detailed exploration program has been designed for the Mumbwa Project in Zambia. The Phase 5 program includes ~ 7,000m of cored drilling from a series of 14 holes over the Kitumba deposit, which has been previously estimated to contain a JORC code compliant inferred mineral resource containing 87Mt at 0.94% copper (using 0.5% Cu cut-off).
The focus of the Phase 5 program is to conduct additional drilling over the Kitumba deposit with the aim of further delineating the mineral resource and generating an upgrade to the mineral resource category, tonnage and grade.
To view today's announcement please click here.
Kind Regards, Blackthorn Resources Ltd www.blackthornresources.com.au
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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. |