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Blackthorn Resources, To Date Best Copper Intersection at Mumbwa Project

Blackthorn Resources Limited (ASX:BTR) (“the Company” or “Blackthorn Resources”) is pleased to report receipt of additional copper results from the Phase 5 exploration program at the Mumbwa Project in Central Zambia.

The Company has intersected the best copper intersections recorded to date at the Company’s 100% held Mumbwa Project. These results were from the Kitumba mineral resource area in drill hole S36-033 which is reported herein. Assay results were also received from other completed drill holes S36-029, S36-030 and S36-031.

The Mumbwa district is being explored by the Company for Iron Oxide Copper-Gold (IOCG) style of mineralisation as follow-up to the maiden inferred mineral resource estimated at Kitumba on 19 October 2009.

The follow-up Phase 5 drilling program commenced in August 2011 to core drill 16 targets for approximately 8,700 meters. To date 15 holes for 7,684.39m have been drilled as shown in Table 1, with 2 holes currently in progress.

Ongoing review of drilled targets upon receipt of results has required some additional drilling to retest abandoned hole S36-033 and to reconsider other planned targets. Another target area P5_013/P5_014, was originally proposed at the commencement of the Phase 5 program on the basis of a recorded copper intersection in a previous drill hole KD-3 and an associated geophysical gravity anomaly which was identified in the recently reprocessed FALCON data.


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