Blackham shares soar on Gutnick appointment

Drilling activities at the Matilda project, near Wiluna.
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Prominent mining identity Joe Gutnick will join Blackham Resources as its new chairman after providing it with a $13 million financing package for the Matilda gold project near Wiluna.

Blackham announced today it had agreed to make a private placement to Mr Gutnick’s privately-held company, Great Central Gold, priced at 21 cents per share to raise $3.32 million.

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