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POL Polo Resources Limited

1.57
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Polo Resources Limited LSE:POL London Ordinary Share VGG6844A1158 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.57 1.15 1.99 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Polo Resources Limited BLACKHAM RESOURCES LIMITED - INVESTMENT UPDATE (8487M)

18/10/2016 12:31pm

UK Regulatory


Polo Resources (LSE:POL)
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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

END

MSCLLFFLITLTLIR

(END) Dow Jones Newswires

October 18, 2016 07:31 ET (11:31 GMT)

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