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Blenheim Resources Limited (“Blenheim”) is scheduled to list on the ASX in August 2011 after raising $4.5 million (minimum $3.5 million). Blenheim has options to acquire four groups of project tenements that lie within the highly prospective Archaen geology
of the Pilbara and Yilgarn Provinces in Western Australia.
The primary asset is Quartz Circle which is a Volcanogenic
Massive Sulphide (VMS) Project that bears the hallmarks of a large VMS system. Targets are large Ag-Cu-Zn-Pb-Au bodies at depth below the existing results of up to 3 metres @ 47%Cu, 298g/t Ag, 1.5g/t Au located within the small rich Cu-Ag-Au feeder pipes. The deposit has an initial resource of 93,000t @ 2.92%Cu, 0.24g/t Au. |
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