Blackstone Minerals Claims New Massive Nickel Sulphide Discoveries at Ta Khoa

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) updated the market on drilling activities underway at the company’s Ta Khoa nickel project (TKNP) in northern Vietnam.

Blackstone Minerals has drilled at two new massive nickel sulphide targets within the Ta Khoa district the company has claimed to have identified Massive Sulphide Vein (MSV), Semi-Massive Sulphide Vein (SMSV) and Net-textured Sulphide (NTS) mineralisation.

At the Suoi Phang prospect, drill hole SP22-01 intersected 2.95 metres of sulphide (including MSV, SMSV and NTS), from which Portable XRF readings indicated the presence of up to 20 per cent nickel.

At the Suoi Chanh prospect, the second drill hole SC22-02 intersected SMSV consistent with the company’s Electromagnetic (EM) targeting.

Elsewhere at Ta Khoa, Blackstone has continued drilling on its most advanced MSV deposits, Ban Chang and King Snake.

This has primarily focused on upgrading current resources into a higher confidence category.

Results from infill drilling at Ban Chang include:

BC21-66
9.6 metres at 2.02 per cent nickel, 1.92 per cent copper, 0.1 per cent cobalt and 3.04 grams per tonne PGE from 60.1m, including 4.8m at 3.38 per cent nickel, 3.07 per cent copper, 0.16 per cent cobalt and 5.29g/t PGE from 63.7m.

At King Snake, the most recent drilling has indicated potential for the deposit to continue to plunge further west and at depth.

Results from infill drilling at King Snake include:

KS21-34
15.7m at 1.25 per cent nickel, 0.69 per cent copper, 0.05 per cent cobalt and 1.66g/t PGE from 249.5m, including 6.02m at 2.18 per cent nickel, 0.62 per cent copper, 0.08 per cent cobalt and 2.97g/t PGE from 250.4m.

“It is an exciting phase of exploration for the company as we start to look at massive sulphide opportunities in addition to Blackstone’s established resources at Ban Chang and King Snake,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“Suoi Chanh is yet another example of our in-house geophysics teams proven track record, with success being achieved from the second drill hole.

“We look forward to continuing to systematically assess the massive sulphide potential at Ta Khoa.”

 

 

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Web: www.blackstoneminerals.com.au