🕐12.03.10 - 01:52 Uhr
Blackham total resource at lignite projects now up to 1.2 Billion tonnes
BLACKHAM RESOURCES LTD: ASX ANNOUNCEMENT
12 March 2010
BLACKHAM INCREASES RESOURCE AT SCADDAN
- Total resource at Scaddan and Zanthus Energy Projects now up to 1.2
billion tonnes
- Scaddan lignite resource increased to 860 million tonnes
- Drilling confirms increase in the energy content of the Scaddan
resource
- Confidence in the resource has increased significantly with 500 million
tonnes (58%) of the resource now in the measured and indicated categories
- Further drilling required to confirm a possible extension of the Scaddan
West deposit to the north.
- Resource to be used in mining and prefeasibility studies
- Measured and indicated resource equates to 50 years of potential
feedstock based upon a 15,000 barrel per day CTL facility.
Australian energy company, Blackham Resources Ltd ("Blackham") (ASX: BLK)
continues to advance the development of the Scaddan and Zanthus Energy
Projects into Australias premier coal to liquid (CTL) facility.
The combined Scaddan and Zanthus Energy Projects, located near Esperance,
Western Australia, contains 1.2 billion tonnes of lignite containing 9,200
PJ of energy at shallow depth.
The projects have the potential to produce
600 million barrels of petroleum products, consisting mainly of a clean
diesel, as well as additional power available for sale into the grid.
The Scaddan Energy Project is surrounded by complimentary infrastructure
approximately 60 kilometres north of the town and major port of Esperance
and 10 kilometres east of the Esperance to Kalgoorlie highway, gas pipeline
and railway line.
Blackham and its JV participants landholdings in the
Esperance region are in excess of 200,000 hectares.
Runge Limited ("Runge") was engaged to review the borehole data for the
Scaddan lignite deposit and provide a resource statement in accordance with
the JORC1 reporting standards.
Runge is an internationally respected global consulting company providing
resource and mining consulting services and software for more than 30
years.
Click here to download the full ASX announcement:
http://esp.gewru.com/download/files/12414/1108879/BLACKHAM%20INCREASES%20RESOURCE%20AT%20SCADDAN.pdf
For further information on Blackham please contact:
Bryan Dixon
Managing Director
Blackham Resources Limited
Office: 08 9388 2967
David Tasker/Melanie Gray
Professional Public Relations
Ph: 08 9388 0944
Level 1, 22 Oxford Close LEEDERVILLE WA 6007
P(08) 9381 1436 F(08) 9381 1068
www.blackhamresources.com.au.
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