Black Canyon Limited ( (AU:BCA) ) has issued an announcement.
Black Canyon Limited has achieved a significant improvement in manganese recovery at its Wandanya Project, reaching an 80% recovery rate with a 45% manganese concentrate grade. This development is crucial for the company as it enhances orebody utilization, potentially increasing product volume and extending mine life. The results are promising given the current market price for manganese, and the company plans further exploration to delineate the mineralization footprint.
More about Black Canyon Limited
Black Canyon Limited is an Australian company focused on the exploration and development of manganese resources. The company is primarily involved in the mining industry, with a specific focus on manganese, a critical component in steel production and battery technology.
Average Trading Volume: 100,363
Technical Sentiment Signal: Buy
Current Market Cap: A$7.78M
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