Source - RNS
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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