Black Canyon was established for the primary purpose of acquiring, exploring and developing mineral deposits in Australia and overseas, with a recent focus on base metals.
The Company has secured an option over a tenement holding in Western Australia via a farm-in structure. The Carawine Project contains a number of exploration tenements prospective for manganese and copper.
The Company has also finalised terms to acquire Zephyr Exploration Pty Ltd which holds the Lofty Range Project covering an area of 200km2 located 30km from Element 25’s Butcherbird.
Black Canyon is now pursuing an IPO in early 2021.