KEY POINTS
Operations
- Commissioning progressing with first test concentrates being produced
- Approximately 70,000 tonnes of Run-of-Mine (ROM) ore stockpiled
- Ramp up to full name plate capacity expected to take up to 6 months
- Opening ceremony with Prime Minister of Burkina Faso 19th January 2013
- Commissioning is expected to be complete with first commercial quality concentrates produced at site by end January 2013
- First concentrate shipment expected to sail during Q2 CY 2013
2013 Budget
- Project Manager Glencore is currently preparing a capital and operating budget for the first two-year production period commencing upon completion of commissioning
- The budget is expected to be made available for review by Blackthorn Resources during January 2013.
Blackthorn Resources Limited (ASX:BTR) (“the Company” or “Blackthorn Resources”) wishes to provide the following update for the Perkoa Project in Burkina Faso, West Africa.
The Perkoa Project is a joint venture with Glencore International (50.1%), Blackthorn
Resources (39.9%) and the Burkina Faso Government (10% free carried) which is currently developing the first large-scale underground base metals mine in the country. The project is located 120km west from the capital Ouagadougou.
For further information please download PDF below:
