🕐23.11.10 - 00:54 Uhr

Blackthorn Resources Limited [BTR] - BLACKTHORN RESOURCES AND GLENCORE INTERNATI
ONAL COMPLETE JOINT VENTURE AGREEMENT FOR THE PERKOA ZINC PROJECT



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Blackthorn Resources Limited [BTR] - BLACKTHORN RESOURCES AND GLENCORE INTERNATIONAL COMPLETE JOINT VENTURE AGREEMENT FOR THE PERKOA ZINC PROJECT

Blackthorn Resources is pleased to announce that the joint venture agreement for the Perkoa Zinc Project in Burkina Faso was completed and became effective on 22nd November 2010.
Under the terms of the JV, Glencore will manage and operate the Perkoa Zinc Project by completing construction and progressing mine operations over the projected 9.5 year mine life.
Some work has already commenced on site and the Project Management Team has been mobilised.

Construction activity will progressively increase in late 2010 and underground mining is expected to commence during H1 2011.


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