Blackthorn Resources Limited (ASX:BTR) is an Australian-based resources company that is unearthing value from a diverse portfolio of base and precious metal projects in Africa.

The high-grade Perkoa Zinc Mine in Burkina Faso is currently under construction and targeting full production in second half of 2012. Joint venture partner Glencore International is managing and operating the mine, as well as funding mine development.

Blackthorn Resources is exploring for gold in Burkina Faso and an initial gold resource was defined at the Guido Prospect during 2010. Grassroots exploration of the Company’s extensive exploration permits is at an early stage and numerous targets remain to be thoroughly drill tested.

In Zambia, the Mumbwa Copper-Gold Project  is exploring for large Iron Oxide Copper-Gold (“IOCG”) deposits, similar to the style of mineralisation found at the Olympic Dam and Prominent Hill mines in South Australia, and the Ernest Henry mine in Queensland. Drilling has delineated an initial Inferred Mineral Resource of 87 million tonnes at 0.94% copper (using 0.5% Cu cut-off) at the Kitumba Prospect. Joint venture partner BHP Billiton progressed further drilling on the Mutoya-Mushingashi anomalies in 2010 prior to amicably announcing their intention to withdraw from the JV in 2011. Blackthorn Resources now owns 100% in the Mumbwa Project.

Blackthorn Resources (ASX:BTR)
Company Directors
Mr Derek Carter (Non-executive Director)
Mr Michael Oppenheimer (Non Exec. Director)
Mr Mr William Cash (Non Exec. Chairman)
Mr Nicole Bowman (Non Exec. Director)
Contact Information
Phone: (02) 9357 9000

Address
Level 5, Suite 502, 80 William Street, NSW, SYDNEY, AUSTRALIA, 2011
Media Releases
Blackthorn Resources Ltd, Appointment of Director
01 Feb,2012 09:18 AM

Blackthorn Resources Limited (ASX:BTR) (“the Company” or “Blackthorn Resources”) is pleased to announce that Mr Derek Carter has agreed to join the Board of Blackthorn Resources as a Non-executive Director, effective from today.

Derek Carter has over 40 years’ experience in exploration and mine geology, including 17 years in management of ASX-listed exploration companies. He held senior positions in the Shell Group of Companies and Burmine Ltd before founding Minotaur Exploration in 1993. Derek was Managing Director of Minotaur Exploration from its inception until 2010 when he became Chairman of the company. He is also currently Chairman of Petratherm Ltd, and is a director of Mithril Resources Ltd and Toro Energy Ltd, all of which are listed on the ASX.

Derek was Vice President and later, President, of the South Australian Chamber of Mines and Energy, was a director of the Australian Gold Council and Chairman of the Minerals exploration Advisory Group, a body advising the Federal Minister on issues affecting exploration within Australia. He is currently a member of the South Australian Resources Development Board, and the South Australian Minerals and Petroleum Experts Group. He is also Board member of the Australasian Institute of Mining and Metallurgy (AusIMM).

The Board is absolutely delighted that Derek has agreed to become a director of Blackthorn Resources. Derek will bring a wealth of exploration and mining/resource experience to Blackthorn Resources at this crucial time for the Company as it develops its portfolio of exploration assets. In addition, his commercial and executive experience and respect within the resource industry in Australia will provide a valuable addition to Blackthorn Resources’ Board.


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