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BRL Blackthorn

3.375
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blackthorn LSE:BRL London Ordinary Share AU000000BTR5 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.375 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Mokopane Prospecting Rights Renewal Granted

27/01/2009 10:03am

UK Regulatory



 

TIDMBRL 
 
RNS Number : 3020M 
Blackthorn Resources Ltd 
27 January 2009 
 

BLACKTHORN RESOURCES LIMITED 
 
 
27 JANUARY 2009 
 
 
MOKOPANE PROSPECTING RIGHTS RENEWAL GRANTED 
 
 
 
 
Blackthorn Resources Limited (ASX:BTR ; AIM:BRL) ("the Company" or "Blackthorn 
Resources") is pleased to announce it has been granted renewal of the New Order 
Prospecting Rights over the Mokopane Project in the Limpopo Province of South 
Africa. 
The renewal of the Prospecting Rights has been granted for a period of three 
years, and is valid until April 2011 (based on the renewal date in April 2008). 
The renewed Prospecting Rights are required to be lodged with the Mineral and 
Petroleum Titles office within 30 days to register the title, and the Company is 
progressing with this registration. 
The Mokopane Project area is situated on the northern limb of the Bushveld 
Igneous Complex, and covers approximately 960 hectares on the northern outskirts 
of the Mokopane township. The Project area is close to infrastructure and 
contains near surface mineralisation from within the Platreef sequence of the 
Rustenberg Layered Suite, which is prospective for Nickel and Platinum Group 
Elements (PGE). 
There are five known mineralised areas within the prospecting area, described 
as: 
  1.  the Southwest, 
  2.  the West, 
  3.  the Northwest, 
  4.  the Northeast, and 
  5.  the Far North. 
Previous exploration identified a JORC Compliant inferred resource within the 
Southwest area, which is estimated to contain 39.7 million tonnes at 0.146% 
nickel, 0.085% copper, 0.22 g/t platinum and 0.33g/t palladium (at a zero 
cut-off rate) - as per the Company's announcement to AIM dated 21 March 2006. 
Mineralisation is from surface to a depth of approximately 200 metres, and 
remains open at depth and along strike towards the southeast. 
Managing Director, Scott Lowe said "this is another great opportunity for the 
Company to progress and develop one of its assets. In conjunction with its 26% 
Black Economic Empowerment partner, Blackthorn Resources is currently looking at 
strategic options to add value to this project". 
Should you require further information please contact: 
Scott LoweManaging DirectorPh: + 61 2 9357 9000 
Fiona Owen 
Grant Thornton UK LLP 
Ph: +44 20 7383 5100 
www.blackthornresources.com.au 
                      This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCSEFFSWSUSESF 
 

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