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Black Canyon Secures EIS Grant for Wandanya Drilling Program

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Black Canyon Limited ( (AU:BCA) ) has shared an update.

Black Canyon Limited has been awarded a $122,500 co-funded drilling grant under the Western Australian Government’s Exploration Incentive Scheme for its Wandanya manganese and iron project. This grant will support the second phase of reverse circulation drilling, which aims to explore the high-grade manganese and iron targets over a 3km strike. The project has been recognized for its technical merit and innovative exploration model, potentially enhancing Black Canyon’s industry positioning and offering significant opportunities for stakeholders.

More about Black Canyon Limited

Black Canyon Limited is an Australian explorer and developer focused on manganese and iron resources. The company operates in the mining industry, with a particular emphasis on innovative exploration projects in underexplored regions, such as the Wandanya project in the Oakover Basin.

Average Trading Volume: 107,031

Technical Sentiment Signal: Buy

Current Market Cap: A$7.78M

For detailed information about BCA stock, go to TipRanks’ Stock Analysis page.

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