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The latest update is out from Black Canyon Limited ( (AU:BCA) ).
Black Canyon Limited has launched a 15,000m reverse circulation drilling campaign at its Wandanya Project to define and expand resources across a 3km base case zone of manganese and iron mineralisation. The program aims to improve geological understanding and grade distribution, building on 2025 drilling that delivered high-grade intersections near surface.
The campaign also targets substantial upside, testing 1.7km of strike to the north, up to 500m of extensions to the east, and additional 1.8km of mapped mineralised strike to the south within a 9km system. Successful results could underpin a maiden iron and manganese resource estimate, enhance the project’s scale and development credentials, and strengthen Black Canyon’s strategic position as demand grows for high-grade manganese supply.
More about Black Canyon Limited
Black Canyon Limited is an Australian manganese explorer and developer focused on advancing its 100%-owned Wandanya Project in Western Australia. The company is targeting high-grade, near-surface manganese and iron mineralisation with potential for direct shipping ore, aiming to position itself as a reliable long-term supplier of premium manganese to global markets.
Average Trading Volume: 195,650
Technical Sentiment Signal: Buy
Current Market Cap: A$50.27M
See more data about BCA stock on TipRanks’ Stock Analysis page.