logo-loader
viewBlackstone Minerals Ltd

Blackstone Minerals brings in second drill rig for next phase

The company sees significant potential to delineate further high-grade mineralisation throughout the Ta Khoa Nickel Project.

Blackstone Minerals Ltd - Blackstone Minerals brings in second drill rig for next phase
Exploration is focused on the area surrounding the project’s existing infrastructure

Blackstone Minerals Ltd’s (ASX:BSX) has commenced the second phase of drilling with a second diamond drill rig mobilised at the Ta Khoa Nickel Project in Northern Vietnam.

The second drill rig has deeper drilling capabilities to test the multiple new targets generated from a recently completed induced polarisation (IP) survey.

The shallow drill rig will continue to test sulphide targets at the Ban Phuc nickel mine area within the project.

Ban Phuc is an existing modern underground nickel mine built to Australian Standards for operation between 2013 and 2016, which is currently under care and maintenance.

Consistent news flow over coming weeks

Blackstone’s managing director Scott Williamson said: “We’re excited to be drilling our deeper targets generated from the recently completed IP survey at the Ta Khoa Nickel Project, we look forward to further consistent news flow from both drill rigs over the coming weeks.

“We remain well funded to test the multiple new targets generated from the maiden IP survey and continue to unlock the full potential of the extensive Nickel sulfide system at Ta Khoa.”

Quick facts: Blackstone Minerals Ltd

Price: 0.125 AUD

ASX:BSX
Market: ASX
Market Cap: $23.97 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Blackstone Minerals Ltd named herein, including the promotion by the Company of Blackstone Minerals Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Blackstone Minerals PGE assays a game-changer at Vietnamese...

Blackstone Minerals Ltd (ASX:BSX) managing director Scott Williamson updates Proactive on its maiden drilling program at the Ta Khoa Nickel Project in northern Vietnam, which has delivered the project's first-ever PGE assays. Assay results from the first of three drill holes at Ta Khoa have...

on 18/9/19

2 min read