THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has continued to encounter high-grade massive sulphide nickel-copper-PGE at Ban Chang, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam.
Latest results include:
13 metres at 0.5 per cent nickel, 0.71 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE (Platinum + Palladium + Gold) from 89m and
4.2m at 0.52 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.82g/t PGE from 97.8m
9.6m at 0.84 per cent nickel, 0.73 per cent copper, 0.05 per cent cobalt and 0.7g/t PGE from 57.0m
14.65m at 0.74 per cent nickel, 0.71 per cent copper, 0.04 per cent cobalt and 0.54g/t PGE from 45.0m, including 5.85m at 1.62 per cent nickel, 1.47 per cent copper, 0.08 per cent cobalt and 1.09g/t PGE from 51.8m, including 0.87m at 3.32 per cent nickel, 3.89 per cent copper, 0.16 per cent cobalt and 1.65g/t PGE from 56.78m
8.3m at 0.50 per cent nickel, 0.70 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE from 35.5m, including 4.8m at 0.71 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.46g/t PGE from 39m
Blackstone is maintaining an aggressive exploration program with six drill rigs, four owned by the company.
Three rigs are testing massive sulphide vein (MSV) targets at Ban Chang, and three are testing down dip extensions of the King Cobra Discovery Zone (KCZ) at Ban Phuc.
“Drilling continues to deliver consistent, broad intersections of nickel sulphide mineralisation from shallow depths with average widths of approximately 10 metres throughout most of the Ban Chang prospect and broader zones within Ban Chang East with greater than 20 metre wide intersections of potentially bulk‐mineable grade nickel‐copper‐PGE mineralisation,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.
“We aim to drill out Ban Chang over the coming months and upgrade our resource inventory by the end of CY20.
“We are continuing to systematically test 25 MSV targets throughout the Ta Khoa nickel‐coppper‐PGE district to add further high‐grade feed to our bulk open‐pit mining scenario at Ban Phuc and the KCZ.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE