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Blackthorn Resources, Mumbwa Project: Further High-Grade Intercepts Outside Previous High-Grade Zone

Blackthorn Resources Limited (ASX:BTR) (“the Company” or “Blackthorn Resources”) is pleased to provide assay results for drill holes KITDD_012, KITDD_013, KITDD_014 and KAKDD_003.

KITDD_013 was drilled on an azimuth of 090, dipping 70 degrees to a depth of 645.6 meters. This hole was drilled as a step-out hole to test the western side of the Kitumba Mineral Resource in a moderately chargeable zone. This hole intersected a long interval averaging high grade (+1%) Cu and indicates a high probability of extending the 1% Cu grade envelope.

KITDD_014 was drilled vertically to a depth of 627.3 meters. It was designed to test the north-western extent of the Kitumba Mineral Resource completing a fence of holes along that northing as well as to intersect a conductive zone at depth. This hole intersected a long interval averaging above 0.5% Cu material and should extend the 0.5% envelope at its location.

KITDD_012 was drilled vertically to a depth of 394.6 meters. This hole was planned to drill east of the Mumbwa Fault Zone (MFZ) targeting a conductivity feature in its upper parts and a chargeable feature at depth. No mineralisation was detected above 0.25% Cu.

KAKDD_003 was drilled on an azimuth of 045, dipping 70 degrees to a depth of 664.9 meters. This hole was designed to test a coincident gravity anomaly and soil copper geochemical anomaly at the Kakozhi prospect. The hole also drilled towards an interpreted contact with the mineralised syenite and breccia drilled in MUSH-003 (39m at 0.44% Cu between 59m and 98m, 37m at 0.46% Cu between 114m and 151m and 4m at 0.71% Cu between 214m and 218 m) reported to the market in January 2012, the previous best result in the area. The hole failed to reach the contact, however increasing alteration intensity with depth is interpreted to mean the hole was getting closer.


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