Black Canyon Limited ( (AU:BCA) ) has shared an announcement.
Black Canyon Limited has announced significant progress in its manganese exploration activities, including a high-grade manganese discovery at Wandanya and promising metallurgical test results indicating the potential to produce a high-grade manganese oxide concentrate. The company is planning further drilling to expand its resource base and expects to update its Mineral Resource Estimate in the June quarter. With a strong financial outlook from its KR1 and KR2 deposits, Black Canyon is well-positioned to capitalize on the growing demand for manganese in both the steel and battery industries.
More about Black Canyon Limited
Black Canyon Limited is an Australian manganese developer and explorer, focused on the Pilbara region of Western Australia. The company controls the largest manganese mineral resource in the area, with projects aimed at producing manganese concentrate for the steel industry and high purity manganese sulphate monohydrate for electric vehicle batteries.
Average Trading Volume: 107,338
Technical Sentiment Signal: Buy
Current Market Cap: A$7.78M
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