Proactive Investors - Run By Investors For Investors

Blackstone Minerals 'dealing with something much larger than we thought'

Blackstone Minerals (ASX:BSX) managing director Scott Williamson speaks to Proactive Investors about second phase induced polarisation (IP) survey results that have turned up new targets at the Jewel copper-gold-cobalt prospect within the large-scale Little Gem Project in British Columbia, Canada.

"The Jewel mine was a high-grade gold mine with some copper, and we don't think they knew they had some cobalt as well. It's a very high-grade target at surface, but these IP anomalies are significantly larger than anything we've seen before; we're talking something that's up to a kilometre long. So we're dealing with a much larger scale sulphide body... we think that's the source of that high-grade mineralisation... it's clear we're dealing with something much larger than we thought," says Williamson.

View full BSX profile View Profile

Blackstone Minerals Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use