Blackstone Minerals Records New Vietnam VMS Discovery

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) announced a new discovery within the company’s Ta Khoa nickel–copper-PGE project in Vietnam.

Blackstone Minerals’ latest discovery of new sulphide mineralisation is in a previously untested zone within an area called the Ta Cuong prospect.

The Taipan Discovery Zone (TDZ) – within Ta Cuong – was discovered by hole TC21-03 and features 39.7 metres of continuous disseminated sulphide (DSS), semi-massive sulphide vein (SMSV) and massive sulphide vein (MSV) unweathered mineralisation from 15.15m.

The discovery was made in the first drill-hole of a previously untested zone within the Ta Cuong prospect, as a result of ongoing systematic testing of mapped Electromagnetic (EM) conductors.

“We are very pleased to report a significant discovery at Ta Cuong,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“The discovery hole at TDZ is one of the best Blackstone has delivered on its MSV targets.

“The TDZ remains open along strike and significantly adds momentum to the MSV strategy at Ta Khoa.

“So far, all three priority MSV targets have delivered impressive and high value intersections.

“We are excited to be systematically unveiling the potential of the Ta Khoa nickel-copper-PGE district and will continue an aggressive exploration program, representing the most cost-effective and value accretive pathway to secure supply for our downstream business.”

Blackstone considers Ta Cuong, and now the TDZ within it, to have potential to add to its massive sulphide mining inventory, providing further impetus for the restart of the company’s existing 450,000 tonnes concentrator.