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Blackham Resources extends Golden Age mine operations by 6 months

Blackham Resources Ltd. extended operations at its Golden Age underground gold mine in Western Australia by six months to December after mining studies defined additional minable resources of 24,600 tonnes at 6 g/t of gold for an additional 4,700 ounces of gold production.

The company said March 19 that the mine was initially intended to operate until June but the new resources will be targeted for production between July and December. The mine is expected to continue producing about 2,500 ounces of gold per quarter at least through the end of the year.

Underground drilling at Golden Age is slated to start this week, with a view to further extend the mine's operation and potentially raise its mining rate. Blackham has also started a drill program at its Matilda and Wiluna gold mines in Western Australia, aiming to extend the mines' open pit oxide mineralization.