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The latest update is out from Black Canyon Limited ( (AU:BCA) ).
Black Canyon Limited has announced significant assay results from its Phase 2 RC drilling program at the Wandanya Project, revealing some of the thickest and highest-grade manganese intersections to date. The results confirm the scale potential of the project with consistent thickness and grade of shallow stratabound mineralization, extending over two kilometers of strike. Additionally, high-grade iron intersections have been identified, presenting a potential low CAPEX Direct Ship Ore startup opportunity. The ongoing Phase 3 RC drilling aims to further explore the extent of manganese and iron mineralization, with results expected by mid-October.
More about Black Canyon Limited
Black Canyon Limited is an Australian explorer and developer focused on manganese. The company is engaged in the exploration of manganese mineralization, primarily through its Wandanya Project in Western Australia.
Average Trading Volume: 615,453
Technical Sentiment Signal: Buy
Current Market Cap: A$55.92M
Find detailed analytics on BCA stock on TipRanks’ Stock Analysis page.