Blackheath Resources Inc.
TSX VENTURE : BHR
FRANKFURT : 04B

Blackheath Resources Inc.

February 18, 2014 09:00 ET

Blackheath Continues to Define Skarn Zones in Phase 2 Drilling Program at Covas

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 18, 2014) - Blackheath Resources Inc. (TSX VENTURE:BHR)(FRANKFURT:04B) (the "Company") is pleased to report drilling results from the Phase 2 drilling program from the Covas Tungsten Project in northern Portugal. The Phase 2 drilling program greatly expanded the skarn-related mineral zones in every existing target zone, as well as discovering a new mineralized zone.

Fourteen diamond drill holes, totaling 1,183 metres, were drilled in five different target areas: Muito Seco, Lapa Grande, Telheira, Castelo and a new zone Cerdeirinha/Muito Seco. Step out drill holes varied from 50 to 550 metres and averaged over 200 metres in distance from previously known mineralization areas. Results from the first and second phase drilling programs indicate that there is further potential for extension at all five target areas, and new geological interpretations from the recent drilling also indicate potential vectors towards further high grade tungsten zones.

Highlights of the Phase 2 program include 3.05 metres of 1.26% WO3, including 1.05 metres of 2.07% WO3 starting at a depth of 12.75 metres at Muito Seco and 3.25 metres of 0.19% WO3, including 1.25 metres of 0.38% WO3 starting at a depth of 82.55 metres at Telheira. All holes are vertical drill holes, and intercepts are considered to represent the true thickness or close to the true thickness of the mostly flat-lying mineralized zones.

"We are pleased with the results from our Phase 2 drilling program at the Covas Tungsten Project," said James Robertson, President & CEO of Blackheath Resources. "Over 90% of the drill holes intercepted tungsten-bearing skarn, which is very encouraging. This brings us one step closer to our goal of completing a NI 43-101 resource estimate at Covas, and further drilling will be required to determine the extent of the tungsten mineralized skarn zones. The Phase 3 drill program is scheduled for later this year."

HOLE ID EASTING NORTHING HOLE
LENGTH (M)
INTERCEPT DEPTH (M) INTERCEPT % WO3 SUMMARY EXTENSIONS DISTANCES
CO 22/13 525160 4635105 40.60 28.70 1.00 m @ 0.04% WO3 Extended Lapa Grande target over 80 metres to the SE
CO 23/13 525515 4634892 149.50 128.40 2.20 m @ 0.21% WO3
CO 24/13 525030 4634800 40.00 12.75 3.05 m @ 1.26% WO3 Extended Muito Seco target area over 200 metres to the SE
CO 25/13 525180 4634670 58.60 N/A Thick skarn no significant tungsten values
CO 26/13 524808 4634970 89.40 N/A No skarn - collared in lower schist Expanded known tungsten mineralization 550 metres in new discovery target area at Muito Seco / Cerdeirinha.
CO 27/13 524640 4634720 70.10 22.40 2.00 m @ 0.17% WO3
CO 28/13 524780 4634665 41.30 35.50 0.75 m @ 0.15% WO3
CO 29/13 524947 4634658 54.30 13.80 1.80 m @ 0.20% WO3
CO 30/13 524201 4634026 118.10 88.20
&
101.20
1.00 m @ 0.21 and 1.00 m @ 0.19% WO3 Extended Castelo target area over 100 metres SW
CO 31/13 522720 4635435 105.10 82.55 3.25 m @ 0.19% WO3 Extended Telheira target area over 180 metres NW and 130 metres to the S/SW
CO 32/13A 522773 4635244 141.30 125.50 1.00 m @ 0.12% WO3
CO 33/13 522847 4635164 54.30 N/A no significant tungsten values
CO 34/13 522725 4635514 53.60 N/A no significant tungsten values
CO 35/13 524525 4633885 166.70 142.30 9.20 m @ 0.143% WO3 Extended Castelo target area over 75 metres SE

For further information please visit http://www.blackheathresources.com/s/Covas.asp.

Covas is a past-producing tungsten mine and remaining historic resources on the property have been estimated at 922,900 tonnes of 0.78% WO3 (tungsten trioxide) by Union Carbide in 1980, based on work including 329 drill holes on the property. Mineralization is open to expansion. The price of tungsten has increased significantly in recent years and is currently approximately $38 per kilogram of contained tungsten trioxide. (These resources are historic in nature, prepared by Union Carbide Corp. in 1980 and are considered relevant. However, a qualified person has not done sufficient work to classify the historical estimates as current mineral resources and the Company is not considering the historical estimates as current mineral resources.)

Highlights from the Phase 1 program completed by the Company early in 2013 included high grade tungsten mineralization of 2.11% WO3 over 7.98 metres starting at a depth of 44.57 metres in Hole CO 7/12 at the Telheira target and 2.89% WO3 over 5.10 metres in Hole CO 13/12 starting at a depth of 52.70 metres at the Lapa Grande target at Covas, as previously reported. Other results from the program confirmed extensions of tungsten mineralization in the skarn zones at Covas. (See news releases dated November 26, 2012 and March 1, 2013 for details)

The Covas property is located about 100 kilometres north of Porto, Portugal's second largest city. Blackheath holds the property under an option from Avrupa Minerals Ltd. to earn up to an 85% interest in a joint venture in the project, after incurring minimum exploration expenditures of EUR1 million in two stages to earn a 70% interest followed by completion of a prefeasibility study to earn the additional 15% interest.

About Avrupa:

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on discovery, using a prospect generator model, of valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo, and Germany.

About Blackheath:

Blackheath Resources Inc. is listed on the TSX Venture Exchange, and is focused on the exploration and development of past-producing tungsten mines in Portugal. Management of Blackheath has previous experience in tungsten mining operations in Portugal through Primary Metals Inc., the operator of the Panasqueira Tungsten Mine from 2003 to 2007. Further information about the Company's activities may be found at www.blackheathresources.com and under the Company's profile at www.sedar.com.

ON BEHALF OF THE BOARD

James Robertson, President, CEO and Director

This news release was prepared by Company management, who take full responsibility for its content. Barry J. Price, M.Sc., P.Geo. is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. He has reviewed the technical disclosure in this release. Tungsten analyses were performed by ALS Chemex in Vancouver, Canada using standard assay techniques.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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