Black Canyon Confirms Significant Manganese Potential at Wandanya Project

2 min read | November 27, 2024 04:34 PM AEDT | By Team Kalkine Media

Black Canyon Confirms Significant Manganese Potential at Wandanya Project — Image source: Shutterstock

Details of the Discovery

The latest results highlight multiple widespread manganese-rich outcrops, with rock chip samples indicating grades comparable to those observed in prior reverse circulation (RC) drilling at the W2 prospect. These grades range between 30% and 50% Mn, underscoring the project's potential.

Key points include:

The defined 3km strike is marked by multiple outcrops extending up to 150m cross-strike, dipping eastward.
Only a 240m segment has undergone drilling, leaving significant scope for further exploration.

Next Steps for Black Canyon

Black Canyon is prioritizing metallurgical test work, aiming to produce high-quality manganese concentrate for:

Silico or ferro alloying, critical in steel production.
High purity manganese sulfate monohydrate (HPMSM), a key component for lithium-ion battery manufacturing.

Managing Director Dean Cummins expressed optimism about the project, noting its untapped potential and plans to expand the mineralized footprint.

Market Position

Trading at 5.7 cents, Black Canyon’s shares remain accessible for investors seeking exposure to a critical mineral essential for both steelmaking and the renewable energy transition. As the company continues its exploration and test work, further positive developments could provide a boost to shareholder value.

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