Blackstone Minerals (ASX:BSX) managing director Scott Williamson updates Proactive Investors on the extensive exploration work occurring at the company's flagship Little Gem project in British Columbia, Canada, and about drilling at the Silver Swan South project in Western Australia's Goldfields region.
The just-announced Erebor discovery at high-grade and large-scale Little Gem Colbalt-Gold Project is described as an 'exciting breakthrough,' adding to the Jewel, Roxey and Little Gem prospects. Blackstone has taken more than 700 soil, rock chip and stream sediment samples, and has IP survey and drill assay results pending.
At Silver Swan South, a number of targets will be tested in the coming months. Blackstone recently divested another of its Australian assets, the Red Gate Gold Project, but maintains exposure through a scrip deal.