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Last C$0.14 CAD
Change Today -0.01 / -6.90%
Volume 27.5K
BHR On Other Exchanges
As of 10:20 AM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

blackheath resources inc (BHR) Snapshot

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10/10/14 - C$0.30
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blackheath resources inc (BHR) Details

Blackheath Resources Inc. focuses on the exploration and development of tungsten minerals in Portugal. It holds Covas, Borralha, Vale das Gatas, and Adoria tungsten projects; and Bejanca tungsten/tin project. The company was incorporated in 2011 and is based in Vancouver, Canada.

Founded in 2011

blackheath resources inc (BHR) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$150.0K
Chief Financial Officer, Secretary and Direct...
Total Annual Compensation: C$70.0K
Compensation as of Fiscal Year 2014.

blackheath resources inc (BHR) Key Developments

Blackheath Resources Reports 11m of 2.09% WO3 and Historical Reserves at Vale das Gatas

Blackheath Resources Inc. announced results from the recent work program, and also previously unreported historical reserve estimates, from the Vale das Gatas Tungsten Mine. Highlights from the work program include an underground sample of stockwork totaling 11 metres averaging 2.09% WO3 (tungsten trioxide). The permit area includes the historic Vale das Gatas Tungsten Mine, the second large past producer of tungsten in Portugal, which closed in 1986 as a result of low tungsten prices, and also an undeveloped mineralized zone, the Prainelas Sector, to the south, where Blackheath has focussed on a programme of surface and underground mapping and sampling. Prainelas hosts multiple, closely spaced, parallel sub-vertical mineralized veins with evidence of narrow, but high grade, wolframite (tungsten) mineralization and additional silver values. During the most recent work program at Vale das Gatas, Blackheath reviewed a historical mining reserve estimate reported by the Ministry of Industry and Energy of the Government of Portugal in 1991. The Vale das Gatas mine was the second most prolific past producer of tungsten in Portugal, after Borralha, also held by Blackheath. The Vale das Gatas mine closed in 1986 as a result of a significant decline in tungsten price. At its peak, the mine employed over 1,000 workers and produced up to 635 tonnes of tungsten concentrates annually. The average recovered grade of the mine was 0.35% WO 3 per tonne. At least 40 tungsten-bearing sub-vertical quartz veins have been identified over some 1,200 metres in the Prainelas sector, with lengths up to 1,200 metres at surface. To date, Blackheath has identified approximately 300 old exploration workings on the property. These workings include adits, trenches and small open pits.

Blackheath Resources Inc., Annual General Meeting, Jun 19, 2015

Blackheath Resources Inc., Annual General Meeting, Jun 19, 2015. Location: 10th Floor, 595 Howe Street.

Blackheath Resources Inc. Reports Drilling Results from the First Ever Drill Programme at Santa Helena Breccia Located Within the Historic Borralha Tungsten Project in Northern Portugal

Blackheath Resources Inc. reported drilling results from the first ever drill programme at the Santa Helena Breccia located within the historic Borralha Tungsten Project in northern Portugal. The programme included 6 diamond drill holes in the breccia zone, which is exposed at surface, and 2 drill holes drilled outside the breccia. Highlights of the programme included: 118 metre intersection in BO 8A assaying 0.29% WO3 (57m to 175m) and including; 91 metre intersection assaying 0.31% WO3 (84m to 175m); One of the best tungsten drill results ever reported from surface; 5 of the 6 drill holes ended within the boundaries of the breccia; A higher grade zone located in the centre of the breccia is open to the north and south and at depth to the east; and early indications show that the mineralized breccia may be at least 575 metres in length, over 150 metres in width and open to depth of over 200m from surface Hole BO 8A, located directly in the middle of the Santa Helena body, returned a long intercept, of breccia starting at 2 metres, of which 118 metres from 57 m to 175 m averaged 0.29% WO3. Tungsten price is currently USD 260/MTU (10kg) WO3.


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