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Blackstone Minerals granted trading halt to reveal assays

The halt will remain in place until Tuesday 9th January 2018.
Blackstone Minerals granted trading halt to reveal assays
The company's shares are in pre-open

Blackstone Minerals (ASX:BSX) is preparing to reveal its latest exploration results, with the ASX granted a trading halt this morning.

Blackstone is currently advancing exploration at the High Grade Little Gem Cobalt-Gold Project in British Columbia, Canada, where historic drilling and adit channel sampling delivered average grades of 3% cobalt and 20g/t gold.

It will be the first company to undertake systematic exploration in over 60 years.

In Australia, Blackstone has strategically located assets including the Pilbara Gold - Middle Creek Project which is adjacent to Novo Resources Ltd (TSX-V:NVO) Beatons Creek Conglomerate Gold project and Millennium Minerals Ltd (ASX:MOY) Nullagine Gold project.

Investors have been providing strong support for the company's strategy, highlighted by the recently oversubscribed $5 million raising.

The halt will remain in place until the opening of trade on Tuesday 9th January 2018, or earlier if an announcement is made to the market.

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Blackstone Minerals Ltd Timeline

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