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The latest update is out from Black Canyon Limited ( (AU:BCA) ).
Black Canyon Limited has announced promising assay results from its Phase 2 drilling program at the Wandanya Project, confirming the presence of shallow, thick, and high-grade manganese mineralization. The results suggest significant scale potential for the project, with mineralization extending over a 2km strike and remaining open to the north and east. The company plans to commence Phase 3 drilling to further delineate the manganese and iron discoveries, which could position Black Canyon as a key player in the Australian manganese market, potentially contributing to future high-grade manganese oxide supply.
More about Black Canyon Limited
Black Canyon Limited is an Australian company focused on exploring and developing manganese resources. Its primary activities involve the exploration of high-grade manganese deposits, with a significant focus on the Wandanya Project in Western Australia.
Average Trading Volume: 510,141
Technical Sentiment Signal: Buy
Current Market Cap: A$39.89M
For an in-depth examination of BCA stock, go to TipRanks’ Overview page.