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Highlights
Blackstone Minerals (BSX) reports copper-gold mineralisation at Mankayan in the Philippines
Drilling intersects mineral zones within the copper-gold porphyry system
Mankayan project positioned within scalable mining development strategies
The mining sector on the ASX All Ordinaries Index includes companies engaged in the extraction and development of mineral resources across multiple jurisdictions. Within the copper-gold segment, exploration projects serve a vital role in identifying viable zones for future resource extraction. Blackstone Minerals (ASX:BSX) operates in this context, with its Mankayan copper-gold project situated in the Philippines forming a core component of its exploration efforts.
Drilling Results at the Mankayan Project
Blackstone Minerals (ASX:BSX) has released results from its recent drilling program at the Mankayan project. The CDH-61 drill hole intersected an extensive copper-gold mineral zone within the porphyry system. The central portion of this hole penetrated a defined mineralisation zone, reflecting continuity in grade and structure.
Geological data from the hole revealed copper and gold values over a significant vertical section, reinforcing the project’s geological framework. These findings add to the dataset supporting the project’s scale and continuity within the porphyry system.
Development Concepts at Mankayan
Blackstone Minerals has outlined several scenarios for project development at Mankayan. The company is reviewing scalable methods suited to the high-grade mineral zones identified. Among the proposed methods is Long Hole Open Stoping (LHOS), which allows selective targeting of specific ore zones while moderating initial capital expenditure.
This mining approach is often used to address operational efficiency in projects with defined high-grade sections, supporting modular development strategies. Mankayan’s geological structure aligns with methods that permit flexibility and phased development.
Corporate Focus and Sector Engagement
Blackstone Minerals (ASX:BSX) maintains active participation in copper-gold sector projects aligned with global supply needs. The Mankayan project forms part of its broader strategy within the Philippines and represents a core focus area in its development framework.
The company's activities reflect sector interest in high-grade, geologically consistent copper-gold assets with development feasibility. Ongoing exploration and technical assessment at Mankayan continue to inform Blackstone’s future operational direction.
