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Market: ASX:BKT
52-week High/Low: A$0.09 / A$0.03
Sector: Mining
Market Cap: A$19.52M
Black Rock Mining Ltd (ASX:BKT)

Black Rock Mining Ltd

Black Rock Mining Ltd (ASX:BKT) is focused on exploring and developing its Mahenge graphite project in Tanzania.

Black Rock Mining Ltd

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Black Rock Mining Ltd Snapshot

Black Rock Mining Limited (ASX:BKT) is focused on developing its Mahenge Graphite Project, which holds the largest high-grade flake graphite resource in Tanzania and is one of the largest contained graphite resources in the World. The Mahenge Project is undergoing a Pre Feasibility Study (PFS) which is due for completion in August/September 2016, following positive scoping study results earlier in the year.

A global resource of 131 million tonnes at 7.9% TGC holds 10.4Mt of contained graphite. This extensive resource contains a high-grade portion of 37.6Mt @10.2% TGC, or 16.7Mt @11.1% TGC.

Metallurgical test work indicates excellent flake size and quality with up to 99.1% TGC concentrates produced from a simple four stage flotation process. This provides potential to manufacture battery grade spherical graphite without the expense and environmental impact of a final chemical purification step.

The large resource with high-grade zones, high proportion of coarse flake and potential to produce exceptionally high purity coarse graphite flake offers flexibility to develop a long life mine that can supply high quality graphite products to customers for decades.
Our focus
• Developing the Mahenge Project into a long-life producing asset
• Develop downstream value-added processing capabilities
• Leverage our exploration capabilities to discover and develop new assets

Mahenge Project

The Mahenge Project consists of three graphite mineralised structures located within Exploration permit PL7802/2012:

• Epanko North
• Ulanzi
• Cascades

The three prospects were drilled during 2015 with a maiden JORC resource of [email protected] 8.9% TGC announced in February 2016. Over 40% of resource tonnes are in the Indicated Category and the resource contains a higher grade portion of 37.6Mt @10.2% TGC.

The key aspect of the resource is that it is the largest and highest grade resource in Tanzania, which offers the potential to achieve lower production costs.

(click here for more information on this project)

Last updated 14th July 2016.

Mr Stephen Copulos

Mr Copulos joins Black Rock mining as a Non-Executive Chairman and is the Company’s major shareholder and major financial supporter. Mr Copulos has over thirty years’ experience in a variety of businesses and investments across a wide range of industries, including mining, manufacturing, property development, food and hospitality. He has been the Managing Director of the Copulos Group of companies, a private investment group, since 1997 and has extensive experience as a company director of both listed and unlisted public companies in Australia, UK and the USA.

Mr Copulos is an active global investor who brings significant business acumen and great diversity to the Board of Black Rock Mining. In addition to his proposed role with the Company, Mr Copulos is also a director of ASX listed company, Crusader Resources Ltd (Chairman).

Mr Steven Tambanis
Managing Director

Mr Tambanis joins Black Rock mining as its Managing Director, with his Executive position being effective from 1 January 2015. Mr Tambanis is a geologist and manager with extensive commercial and operational experience gained working with ASX listed mineral companies, including business development roles at WMC Resources and Goldminex Resources Limited where he held the position of Executive Director.

He is on the Board of West African Gold Limited, an unlisted mineral exploration company. Over the past three years Mr Tambanis managed all aspects of that company’s exploration activities, operations and administration, including the execution of a significant joint venture with ASX listed gold miner, Perseus Mining Limited (ASX:PRU).

Gabriel Chiappini
Non Executive Director

Mr Chiappini owns and manages consulting company Laurus Corporate Services which provides ASX, Director and Company Secretarial advice to ASX listed companies. He is currently a Non-Executive Chairman of Dromana Estate Limited and Company Secretary of numerous ASX listed companies. Mr Chiappini has a Bachelor of Commerce degree with a double major in Accounting and Finance and is a Member of the Institute of Chartered Accountants.

Last updated 14th July 2016.

Stephen Copulos - Chairman
Steven Tambanis - Managing Director
Gabriel Chiappini - Director

Company Secretary
Gabriel Chiappini

Registered Office
Level 1, 35 Havelock St
West Perth
WA 6005        

T: (+61 8) 9320 7550

Postal Address
PO Box 692
West Perth WA 6872

[email protected]


Share Registry
Computershare Investor
Services Pty Ltd
Level 2, 45 St Georges Terrace,
Perth, WA, 6000 Australia
T: (+61 8) 9323 2000
F: (+61 8) 9323 2033
Email: [email protected]
Investor Enquiries
Computershare Investor
Services Pty Ltd
T: 1300 557 010

Westpac Banking Corporation
109 St Georges Terrace
Perth WA 6000

Steinepreis Paganin
Level 4 , The Read Buildings
16 Milligan Street
Perth, WA 6000
T: (+61 8) 9321 4000
F: (+61 8) 9321 4333

Deloitte Touche Tohmatsu
Level 14, Woodside Plaza
240 St Georges Terrace
Perth WA 6000
T: (+61 8) 9365 7000
F: (+61 8) 9365 7001

Stock Exchange
The Company’s securities are quoted on the Australian Securities Exchange.

Stock Exchange Codes
ASX Code : BKT

Issued Capital
Fully paid ordinary shares (GRK)

59 094 551 336

Black Rock Mining Limited is a public company limited by shares and is domiciled in Australia.

Last updated 14th July 2016.

Black Rock Mining Ltd Timeline

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