Blackham boosts Matilda gold

BLACKHAM Resources has posted a significant upgrade to resources at its Matilda gold mine in Western Australia, upping measured and indicated material 40% to 424,000 ounces.

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The new resource at Matilda now stands at 12.5 million tonnes at 1.8 grams per tonne gold for 713,000oz, with the measured and indicated portion totalling 7.26Mt at 1.8gpt for 424,000oz.