Blackham Resources Limited Announces Gold Production Results for the Month and Quarter Ended March 2018; Reaffirms Production Guidance for Half Year of 2018
For the quarter, the company reported quarterly gold production of 20,631 oz, a 38% increase on last quarter primarily from gaining access to higher grade zones in the M4 and Galaxy pits which was achieved late in the Dec. 2017 quarter.
For the half year of 2018, company production guidance reconfirmed at 40,000 OZ to 45,000 OZ at the rate of AUD 1,100- AUD 1,200/oz AISC for first half.