Tag: #BHR

Blackheath Resources sells Borralha option to PanEx Resources

Blackheath Resources sells Borralha option to PanEx Resources

Blackheath Resources (BHR.V) has thrown the towel and is exiting Portugal. After dropping the option to acquire the Covas tungsten property, the company has now also dropped the Bejanca tin-tungsten project and is selling its option to earn a majority stake in the past-producing Borralha mine to a Mauritius-based company. […]

Blackheath Resources finds more tungsten at Borralha

Blackheath Resources finds more tungsten at Borralha

Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3. Hole BO17 entered mineralization at a […]

Blackheath Resources announces more drill results at Borralha

Blackheath Resources announces more drill results at Borralha

Blackheath Resources (BHR.V), our favorite tungsten explorer in Portugal, has – finally- released some drill results from the most recent exploration program on the Borralha project. The drill program was focused on the Santa Helena Breccia zone where Blackheath completed an exciting trenching program but which had never been drilled […]

Blackheath closes another tranche of its private placement

Blackheath closes another tranche of its private placement

Blackheath Resources (BHR.V) has announced it has closed a second tranche of its earlier announced private placement, raising an additional C$221,000 through issuing 552,500 units. Each unit was priced at C$0.40 and contains one common share and half a purchase warrant. Each full warrant allows the unitholder to acquire another […]

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Blackheath is raising money at a substantial premium

Blackheath Resources (BHR.V) has announced it’s planning to conduct a private placement with its units priced at C$0.40. Each unit will include one common share as well as half a warrant valid for 2.5 years and exercisable at C$0.53. As Blackheath’s share price closed at C$0.26 before the announcement, the […]

Sampling at Cerdeirinha Open Pit

Blackheath starts Phase III Drill program at Covas

Blackheath Resources (BHR.V) has announced it started a Phase 3 drill program at its Covas tungsten project in Portugal. The program will consist of 15 very shallow holes (on average just 75 meters each) and is designed to expand the currently known mineralized zones. The first phase of the 15-hole […]