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Blackstone Minerals Partners with KCA for Advanced Drilling at Mankayan Project

Story Highlights
  • Blackstone Minerals partners with KCA to acquire a high-performance drill rig for Mankayan.
  • The partnership aims to replicate cost-efficiency success from Vietnam, enhancing exploration at Mankayan.
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Blackstone Minerals Partners with KCA for Advanced Drilling at Mankayan Project

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Blackstone Minerals Ltd ( (AU:BSX) ) has provided an update.

Blackstone Minerals Ltd has announced a strategic partnership with KCA Site Services to acquire a high-performance diamond drill rig for the Mankayan Copper-Gold Porphyry Project in the Philippines. This collaboration aims to replicate Blackstone’s previous cost-efficiency success in Vietnam by reducing drilling and geophysics costs through innovative strategies. The new drill rig, capable of reaching depths of 1,800 meters, is expected to enhance exploration capabilities and optimize capital deployment, marking a significant advancement for the Mankayan project.

More about Blackstone Minerals Ltd

Blackstone Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is known for its projects in nickel and copper-gold porphyry, with a significant market focus on cost-efficient exploration and development strategies.

Average Trading Volume: 2,057,539

Technical Sentiment Signal: Buy

Current Market Cap: A$123.7M

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

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