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.
Latest Media Releases
07/02/2013 10:01:00
KEY POINTS
Assays have been received for drill hole KITDD_015
The following best copper intersections were identified:
* KITDD_015 (dip -70, azimuth 090, EOH 692.65m)
- 2…
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11 years ago
12 Apr 2013 - Blackthorn Resources Limited (ASX:BTR) plans to re-mobilise drill rigs and conduct further resource definition at its Kitumba deposit area in Zambia.
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19 Mar 2013 - Mining investment potential is not a thing of the past, owing to China’s economic growth targets and ongoing US recovery, according to a leading global fund manager.
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11 years ago
13 Mar 2013 - Blackthorn Resources Limited (ASX:BTR) reaches an agreement with Glencore International regarding an additional JV based financing solution of up to $US80 Million.
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11 years ago
17 Jul 2012 - Blackthorn Resources Limited (ASX:BTR) has launched a $40.1 million capital raising to fund the development of its 100 per cent owned Mumbwa project.
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11 years ago
12 Jul 2012 - Blackthorn Resources Limited (ASX:BTR) to proceed with its African JV with Glencore International.
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11 years ago
29 Jun 2012 - Blackthorn Resources Limited (ASX:BTR) announces a 160 per cent increase in contained copper at its Kitumba deposit within the Mumbwa Project in Zambia.
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12 years ago
23 Apr 2012 - Investment advisor James Gerrish takes a technical look at S&P ASX200, Dow Jones, China Shanghai Composite, Aussie Dollar, FWD, MIN, MTS, BTR.
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12 years ago
15 Mar 2012 - Blackthorn Resources Limited (ASX:BTR) CEO and MD, Scott Lowe, details the explorer's growth potential as moves to production at Perkoa in H2 and advances drilling at…
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12 years ago
06 Mar 2012 - ASX dips before RBA decision. Westpac Banking Corporation (ASX:WBC) is reportedly cutting more local jobs.
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12 years ago
20 Jan 2012 - ASX up 0.54%. Westpac Banking Corporation (ASX:WBC) is trading slightly higher at midday. The bank has told media it plans to sell Australian dollar-denominated cover…
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12 years ago
09 Sep 2011– Blackthorn Resources Limited (ASX:BTR) MD & CEO, Scott Lowe, explains its projects and production time frame.
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13 years ago
14 Dec 2010 - Aus shares higher as China holds rates. Blackthorn Resources Ltd (ASX:BTR) has admitted to an embarrassing mistake after saying that drill results from its Mumbwa gol…
