“Blackham is pleased with the strong support received for the Placement. The funding allows for a significant drill budget aiming to lengthen the mine life. We will also be fast tracking the plant expansion study on the Matilda-Wiluna Gold Project that has a gold endowment greater than 9Moz.”
http://www.asx.com.au/asxpdf/20160819/pdf/439ft9459gzv4t.pdf
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Ann: $25M Placement To Fast Track Expansion Plans-BLK.AX, page-4
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