current projects

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ASX LISTED

Blackthorn Resources

Blackthorn supports African Communities through the Nantou Foundation

Blackthorn Resources Limited (ASX: BTR) is an Australian-based resources company with a diverse portfolio of African assets including Zinc, Gold, Copper, Nickel and Platinum Group Metals. Blackthorn Resources endeavor to create long-term wealth for its shareholders and stakeholders through the successful development of its four key assets which include: 

 

  • the Perkoa Zinc project in Burkina Faso,
  • Burkina Faso Gold exploration project,
  • the Mumbwa iron oxide copper-gold Joint Venture with BHP Billiton, and
  • the Mokopane nickel/platinum project.


    In Burkina Faso, the Perkoa Zinc mine developnment was suspended in mid-2008 and the project placed under care and maintenance due to falling global economic conditions and the rapid decline in spot zinc price. Limited ongoing construction work has progressed by completing the foundations and footings in preparation for assembly of the processing plant. Upon the recommencement of construction the Perkoa project will continue towards becoming the first emerging zinc mine in West Africa. Zinc mineralisation is hosted by a Volcanic Massive Sulphide orebody situated within the Boromo Greenstone Belt. The Perkoa orebody contains a probable ore reserve of 6.3Mt at 13.9% zinc as reported using the guidelines of the 2004 JORC Code. 

    Burkina Faso Gold exploration activities are conducted over 7 exploration permits covering 1,134 sq km which are prospective for gold and base metals (zinc, copper and lead). The permit areas are situated within the Boromo Greenstone Belt which trends from Mali in the north, through Burkina Faso and into Ghana in the south. The Boromo Greenstone Belt is host to a number of gold projects including the Perkoa Zinc project.

    In Zambia, Blackthorn Resources has a joint venture interest in the Mumbwa iron oxide copper-gold project with BHP Billiton. The Company’s exploration strategy is modeled on an iron oxide copper-gold (IOCG) style of mineralisation similar to Olympic Dam in South Australia and Ernest Henry in Queensland. Blackthorn Resources currently has a 60% vested interest in the project, following the sucessful completion of agreed joint venture milestones, which were achieved through a phased exploration drilling campaign.

    In the Republic of South Africa, Blackthorn Resources hold new order prospecting rights over the Mokopane nickel-platinum project situated on the northern limb of the Bushveld Complex. Mokopane has an inferred mineral resource estimated to be 39.7 Mt at 0.15% nickel, 0.09% copper, 0.22 g/t platinum and 0.33g/t palladium as reported using the guidelines of the 2004 JORC Code. 

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    You can contact Blackthorn Resources Ltd by email via info@blackthornresources.com.au


    • LATEST NEWS

    31

    Aug

    Managing Director's Video Broadcast by Board Room Radio

    Blackthorn Resources Limited is pleased to provide a Board Room Radio interview with the Company’s Managing Director, Mr Scott Lowe.

    30

    Aug

    BURKINA FASO GOLD - FURTHER EXPLORATION ASSAY RESULTS RECEIVED

    Blackthorn Resources is pleased to provide the following summary of drilling activities and results from the Company's 100% owned tenements in Burkina Faso. Blackthorn Resources is conducting diamond-core (DDH) drilling over the POA and GUIDO prospects as follow-up to previous exploration work which identified gold mineralisation hosted within multiple, parallel shear zones along a northeast trending regional-scale structure. Assay results from a further 8 DDH holes drilled with mineralised zones identified in 7 holes.

    24

    Aug

    PERKOA ZINC PROJECT - BLACKTHORN AND GLENCORE EXECUTE BINDING AGREEMENT FOR THE FORMATION OF A JOINT VENTURE

    Blackthorn Resources Limited is pleased to provide a status report on negotiations with Glencore International AG regarding the establishment of a JV for the Perkoa Zinc Project in Burkina Faso, West Africa. Glencore International AG and Blackthorn Resources have signed a legally binding agreement towards formation of a JV for the Perkoa Zinc Project.