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  • Blackthorn Resources Eyes First Shipment Of Zinc Concentrate From Perkoa Project In Burkina Faso 0 comments
    Aug 29, 2013 1:46 AM

    Blackthorn Resources (ASX:BTR) and its joint venture partner have 12,000 tonnes of concentrate from their Perkoa Project - a joint venture with Glencore Xstrata (LON:GLEN) - in Burkina Faso stockpiled at the port of Abidjan, in the Cote d'Ivoire, awaiting shipment to market.

    The maiden shipment of zinc concentrate from the West African flagship project of Australian base metals producer, Blackthorn Resources, is due to leave port by the end of the year.

    Speaking in Perth today on the second day the three day Africa Down Under conference, Blackthorn Resources Chief Operating Officer, Mr Tony De Santis, said, in total, about 25,000 tonnes of the base metal had now been produced at the mine.

    "Our inaugural shipment of zinc concentrate to market is obviously a significant milestone for us," Blackthorn Resources Chief Operating Officer, Mr Tony De Santis, said today.

    "Our JV partner, Glencore, is handling all the logistics with the sale of the concentrate, with the JV receiving first payment for its concentrate at shipment, which we expect to occur by the end of 2013," he said.

    "Looking forward, we have expanded the Perkoa Project to now include silver, lead and zinc.

    "We have also increased the capacity of the processing plant - which was successfully commissioned earlier this year - to about one million tonnes per annum.

    "Fair to say the past few months have provided a number of milestones for Blackthorn Resources."

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