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Black Canyon Limited Clarifies Recent Trading Activity Amid Drilling Plans

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Black Canyon Limited Clarifies Recent Trading Activity Amid Drilling Plans

Confident Investing Starts Here:

An announcement from Black Canyon Limited ( (AU:BCA) ) is now available.

Black Canyon Limited has responded to a price query from the Australian Securities Exchange regarding a recent increase in its share price and trading volume. The company attributes this activity to the planned commencement of the second phase of reverse circulation drilling at the Wandanya high-grade manganese discovery. Black Canyon confirms compliance with listing rules and states that its disclosures have been authorized according to its continuous disclosure policy.

More about Black Canyon Limited

Black Canyon Limited operates in the mining industry, focusing on the exploration and development of manganese and iron ore resources. The company is actively engaged in drilling activities to enhance its resource base, with a particular emphasis on high-grade manganese discoveries.

Average Trading Volume: 111,413

Technical Sentiment Signal: Sell

Current Market Cap: A$7.91M

For a thorough assessment of BCA stock, go to TipRanks’ Stock Analysis page.

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