NEWS

    Published on December 16th, 2016

    CSA Global completes Black Mountain Mineral Estimate

    Black Mountain Resources Limited (ASX:BMZ) Black Mountain or the Company) is pleased to provide a maiden JORC 2012 Mineral Resource estimate (“Resource”) for its 100% owned Namekara Vermiculite Mine, located in Eastern Uganda.

    Highlights:

    -Maiden Inferred Mineral Resource of 61.9 Mt at 18.2% vermiculite for 11.3Mt of contained vermiculite
    -Resource estimate completed by independent mining and geological consulting company CSA Global
    -Resource estimate based on historical 119 reverse circulation and diamond drill holes for 6,898m between 2007 and 2012
    -New in-fill and exploration drilling program currently underway to upgrade resource classification, validate vermiculite flake size, bulk density and grade, to provide basis for new mine plan

    Read full announcement

    SOURCE: ASX
    DATE: DECEMBER 12, 2016

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