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.