Polo Resources Limited BLACKHAM RESOURCES LIMITED - INVESTMENT UPDATE (8487M)
October 18 2016 - 7:31AM
UK Regulatory
TIDMPOL
RNS Number : 8487M
Polo Resources Limited
18 October 2016
18 October 2016
Polo Resources Limited
("Polo" or the "Company")
BLACKHAM RESOURCES LIMITED - INVESTMENT UPDATE
MATILDA FIRST GOLD POUR
Polo Resources Limited (AIM: POL), the natural resources
investment company with interests in oil, gold, coal, copper,
phosphate, iron and vanadium, is pleased to announce that its
investee company, Blackham Resources Limited ("Blackham") ("ASX:
BLK") has completed its first gold pour at its 5.1Moz Matilda Gold
Project.
Having successfully completed the refurbishment and
commissioning of Stage 1 of the Wiluna Gold Plant and achieved gold
production, Blackham is now fast tracking the Stage 2 Wiluna Gold
Plant expansion study aimed at increasing production from some
100kozpa to 175-230kozpa.
The full details of Blackham's announcement can be found at:
http://blackhamresources.com.au/documents/matilda-first-gold-pour/.
This announcement contains inside information as defined in
Article 7 of the EU Market Abuse Regulation No 596/2014 and has
been announced in accordance with the Company's obligations under
Article 17 of that Regulation.
For further information, please contact:
Polo Resources Limited
Kudzayi Denenga, Investor
Relations + 27 (0) 787 312 919
ZAI Corporate Finance Ltd
(nominated adviser)
Ray Zimmerman, John Treacy +44 (0) 20 7060 2220
Liberum Capital (broker)
Henry Freeman +44 (0) 20 3100 2000
Blytheweigh (public relations)
Tim Blythe, Nick Elwes, Camilla
Horsfall +44 (0) 207 138 3204
About the Company
Polo Resources Limited is a natural resources investment company
focused on investing in undervalued companies and projects with
strong fundamentals and attractive growth prospects. For further
details on Polo, please refer to: www.poloresources.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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