Blackstone Reported King Cobra Discovery Hole as The Most Significant Drillhole To Date

January 20, 2020 03:00 PM AEDT
Team Kalkine

Blackstone Minerals Limited (ASX: BSX) announced that the drilling at the King Cobra discovery has intersected 60 metres @ 1.3% Nickel from 32 metres at the Ta Khoa Nickel Project in Northern Vietnam.

Drillhole BP19-03 has returned 45 metres @ 1.2% Nickel from 56 metres is interpreted as an earlier intersection of King Cobra mineralisation.

The present drilling has intersected the King Cobra discovery zone over 200m of strike length and it is interpreted to be open along strike to the north west and south east and down dip to the north east.

Hole BP19-29 returned 60 metres @ 1.3% Nickel containing 13.9 metres @ 2.25% Nickel from the King Cobra Zone, & 142 metres @ 0.41% Nickel which includes 11.9m @ 1.09% Nickel from Ban Duoi Zone.

At AEDT 1:00 PM, BSX shares are trading at $0.180, up 9.091% from its previous close.

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