Black Canyon (ASX: BCA) kicks off RC drilling across Balfour Manganese Field Targets

July 17, 2023 12:56 PM AEST | By Manisha

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Black Canyon (ASX: BCA) kicks off RC drilling across Balfour Manganese Field Targets — Image source: Company update

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Highlights

Black Canyon has begun an initial RC drilling program at the Balfour Manganese Field.

The initial program will cover the Balfour and KR1 targets at the strategic Panther and E46/1383 Tenement acquisitions, respectively.

With this program, BCA aims to evaluate multiple targets for a potential hub and spoke mining and processing model, building on the successful delineation of a significant Mineral Resource at Flanagan Bore.

Australian manganese explorer and developer, Black Canyon (ASX: BCA) has kicked off drilling activities to drill test multiple high-quality targets across its 100% owned tenements at the Balfour Mineral Field, located in the Pilbara region of Western Australia.

The initial drilling is planned to test the Balfour and KR1 prospects at the strategic Panther and E46/1383 tenement acquisitions for mineral resource potential, respectively.

Location of the main drill targets across the Balfour Manganese Field and manganese shale horizon (red solid outlines).

Views of BCA’s management

The company believes that there lies great potential to find and outline substantial Mineral Resources validating the Mn capability of this region.

He further added, “The drill program will also allow the Company to delineate mineral resources across targets already identified as having potential to produce HPMSM feedstock. In the short term this may allow the Company to develop a low impact mining facility that could be permitted and approved relatively quickly. This could reduce the timeframes for Black Canyon to supply manganese oxide feedstock to a downstream HPMSM facility.”

BCA ASX shares traded at AU$0.16 (market cap over AU$8.27 million) at the time of writing on 17 July 2023.

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