THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has intersected massive sulphide in two drill holes at Ban Chang, part of the company’s Ta Khoa nickel-PGE project in Vietnam.
Blackstone Minerals drilled the two holes more than 200 metres apart and along strike within a 1.2 kilometres-long massive sulphide target zone it had defined by high priority electromagnetic (EM) plates.
Drillhole BC20-01 intersected 1.05 metres MSV from 58.5m and 0.5m of sulphide veinlets from 59.5m.
The second hole, BC20-02 intersected 1.2m MSV from 87.0m.
The drilling is part of an ongoing campaign Blackstone is conducting to target regional massive sulphide veins (MSV) as it aims to build its resource inventory at Ta Khoa.
Blackstone currently has a second drill rig in operation being used by its in-house geophysics team throughout the Ta Khoa nickel sulphide district, testing high priority EM targets generated from 25 MSV prospects including King Snake, Ban Khoa, Ban Chang, and Ban Khang.
“It’s exciting to be targeting massive sulphide veins and achieving intersections within a few metres of the modelled EM plates – this is a great sign for the future of the Ta Khoa nickel-PGE project,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.
“With the advantage of an in-house geophysics team, we are extremely well positioned to unlock this world-class geology and understand the full potential of our flagship asset.
“Our second drill rig will continue to drill high priority EM plates and look to delineate potential high-grade massive sulfide orebodies, akin to the successful Ban Phuc nickel mine, which was mined economically during some of the lowest nickel prices seen in the past decade.
“Our main drill rig continues to drill the King Cobra discovery zone at depth.”