BLACKHAM RESOURCES LIMITED - ASX: BLK

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Description

Blackham Resources Ltd is evaluating the development of the Scaddan and Zanthus Energy Projects into one of Australia’s premier coal to liquid ("CTL") facilities.

- World scale resource in excess of 1.2 billion tonnes of lignite and 7,900PJ
- Shallow deposit amenable to large scale open pit mining methods
- Located next to infrastructure corridor and only 60 kms from deep water port
- Measured and indicated resource equates to 50 years worth of potential feedstock based upon a 15,000 barrel per day Coal to Liquid facility.
- 5 MBPA petroleum market in the goldfields accessible by rail

Scaddan Energy Projects

The Scaddan Energy Project is a joint venture between Blackham Resources Limited and Wesfarmers Premier Coal Limited (Premier Coal) which have 70% and 30% contributing interests respectively. The joint venture covers the exploration, mining and downstream processing associated with the development of the Project. The Joint Venture has over 30 years worth exploration, drilling and development test work completed for the Project.

Blackham and Premier Coal will be required to contribute proportionately to all costs incurred in furthering exploration and evaluating the development of the Coal to Liquids processing for the project.

The Scaddan Energy Project is located approximately 60 kilometres north of the town and port of Esperance in Western Australia. The Project is 10 kilometres east of the Esperance to Kalgoorlie highway, gas pipeline and railway line.

The Scaddan Energy Project has 760 million tonnes of lignite resources and the joint venturers’ control landholdings in the Scaddan region is in excess of 70,000 hectares.

Zanthus Lignite Project

Blackham’s subsidiary, Zanthus Energy Pty Ltd is the owner of the 100% interest in the Zanthus lignite deposit approximately 240 km's north east of Esperance in Western Australia’s Eucla Basin.

Zanthus JORC Resource (50% Moisture Basis)

Inferred: 350 Mt
Total Resource: 350 Mt
Coal inventory: 460 – 760 Mt*
Resource Target: 0.81 – 1.11 Bt

Mine For

coal, lignite

Location of operation(s)

Western Australia

Australian Basins

Eucla

Address

Level 2, 38 Richardson St
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 9322 6418

Email

Website

http://www.blackhamresources.com.au

Last Updated

19/04/2011