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The latest update is out from Black Canyon Limited ( (AU:BCA) ).
Black Canyon Limited has reported metallurgical testwork from its Wandanya Project showing strong potential to produce direct shipping ore-quality manganese and iron products with low deleterious elements. The results indicate high-grade manganese oxide and iron composites can be generated via simple crush and screen processing, with manganese preferentially reporting to coarser size fractions that support efficient upgrading.
The company has begun Stage 2 heavy liquid separation testwork on lower and medium grade manganese samples ahead of larger scale dense media separation to refine beneficiation pathways. With site preparation underway for 15,000 metres of infill and expansion drilling and $10.5 million in cash at the end of December 2025, Black Canyon is positioning Wandanya for low-cost, low-strip mining development and an accelerated exploration and project pipeline over the coming months.
The most recent analyst rating on (AU:BCA) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Black Canyon Limited stock, see the AU:BCA Stock Forecast page.
More about Black Canyon Limited
Black Canyon Limited is an Australian manganese explorer and developer listed on the ASX under the ticker BCA. The company is advancing the Wandanya Project in Western Australia, targeting high-grade manganese oxide and iron mineralisation with potential for direct shipping ore to supply bulk commodity markets.
Average Trading Volume: 168,130
Technical Sentiment Signal: Buy
Current Market Cap: A$49.96M
See more data about BCA stock on TipRanks’ Stock Analysis page.