Blackstone Minerals Confirms King Snake Extension

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) reported further assay results from drilling at the King Snake Massive Sulphide Vein (MSV) prospect within the company’s Ta Khoa nickel-copper-PGE project in Northern Vietnam.

King Snake is a high-priority MSV target at the Ta Khoa project that has produced continued excellent resource extension drilling results.

The latest drilling has carried on that trend, returning:

2.62 metres at 1.54 per cent nickel, 2.01 per cent copper, 0.06 per cent cobalt and 5.16 grams per tonne PGE from 254.08m, including 0.62m at 3 per cent nickel, 0.84 per cent copper, 0.11 per cent cobalt and 3.36g/t PGE from 254.08m;

2.92m at 0.9 per cent nickel, 0.54 per cent copper, 0.04 per cent cobalt and 1.6g/t PGE from 267.63m, including 1.67m at 1.33 per cent nickel, 0.67 per cent copper, 0.05 per cent cobalt and 1.17g/t PGE from 267.63m;

1.9m at 1 per cent nickel, 0.27 per cent copper, 0.04 per cent cobalt and 1.48g/t PGE from 349.9m, including 0.85m at 1.45 per cent nickel, 0.41 per cent copper, 0.05 per cent cobalt and 1.91g/t PGE from 349.9m; and

1.12m at 0.48 per cent nickel, 0.2 per cent copper, 0.02 per cent cobalt and 0.71g/t PGE from 243.58m, including 0.32m at 1.09 per cent nickel, 0.45 per cent copper, 0.04 per cent cobalt and 0.93g/t PGE from 243.58m.

Blackstone claimed the new intersections achieved in KS21-11 and KS21-12 together with historic drill results have defined a strike length of approx. 900m at King Snake which includes MSV, semi-massive sulphide vein (SMSV) and disseminated sulphides (DSS).

The King Snake MSV prospect remains on track for inclusion in the company’s Upstream Business Unit (UBU) PFS due later this year.

“King Snake is our most exciting active MSV drill target and we are pleased that it continues to deliver excellent results,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“The latest drill results have extended strike at the King Snake prospect and we look forward to assessing the outcomes of DHEM currently being performed by our in-house geophysics team.”