Black Canyon Limited ASX:BCA

Black Canyon Limited (ASX: BCA) is focused on the exploration and development of high-grade manganese and iron resources, with significant activities at the Wandanya Project.

Key Investor Points

  • Black Canyon Limited is advancing its Wandanya Project with high-grade manganese and iron potential.
  • The company has a strong financial position with a cash balance of $10.1 million as of March 2026.
  • A Scoping Study for the KR1 and KR2 deposits indicates strong financial returns.
  • The Wandanya Project has received EIS co-funding for exploration activities.
  • The company is preparing for a maiden JORC Mineral Resource Estimate at Wandanya.

Company Projects — Recent Activity View all

Wandanya Project
Manganese, Iron • Western Australia • Active exploration and testwork ongoing
Balfour Manganese Field
From company website
Manganese • Western Australia • Not available from recent announcements

Upcoming Milestones

  • RC drill rig to mobilize in August for resource expansion at Wandanya.
  • Maiden Mineral Resource Estimate for Wandanya expected in September 2026.
  • Scoping Study for Wandanya targeted for completion by Q4 2026.

Announcements View all

2026-07-28 June Quarterly Report for Wandanya Project
Black Canyon reports drilling and testwork results for Wandanya Project.
2026-07-22 Black Canyon Reports 41% Manganese from Pilot Test
Black Canyon's pilot test at Wandanya yields 41% manganese product.
2026-07-22 Pilot Test Produces 41% Manganese Product
Pilot test at Wandanya Project upgrades manganese to 41% using DMS.
2026-07-16 Black Canyon Releases Corporate Presentation
Black Canyon presented at Lowell Resources Fund Mid-Year Briefing.
2026-07-07 Wandanya Project Drilling Extends Manganese and Iron Zones
Black Canyon reports extended manganese and iron mineralisation at Wandanya.
2026-07-01 State Government EIS Funding and Project Update
Black Canyon updates on capital structure and Wandanya project progress.
2026-05-25 Drilling Confirms High-Grade Manganese and Iron at Wandanya
Black Canyon confirms high-grade manganese and iron at Wandanya, extending mineralisation.
2026-05-14 Wandanya Project Yields High-Grade Manganese Products
Stage 3 trials at Wandanya produce manganese grades over 40% Mn.
2026-04-28 Black Canyon Quarterly Activities Report - March 2026
Black Canyon reports metallurgical testwork results and drilling at Wandanya.
2026-04-14 Resource Definition and Expansion Drilling Commences at Wandanya
Black Canyon updates on board composition and capital structure.

Investor FAQs View all

What is the current cash balance of Black Canyon Limited?
As of 30 June 2026, Black Canyon Limited reported a cash balance of $7.8 million. [Source: Quarterly Report | June Quarterly Activities Report For period ending 30 June 2026]
What recent developments have occurred at the Wandanya Project?
Black Canyon completed 17,200 meters of RC drilling at the Wandanya Project, confirming shallow high-grade manganese and iron intersections. Beneficiation testwork showed successful manganese upgrading, producing grades over 40%. [Source: Quarterly Report | June Quarterly Activities Report For period ending 30 June 2026]
What are the results of the pilot scale Dense Media Separation (DMS) test at the Wandanya Project?
The pilot scale DMS test at the Wandanya Project achieved manganese product grades of 41% and 38.5% from two blended composites, with recoveries ranging between 80% and 82%. [Source: Scoping Study / PFS / DFS | Wandanya Pilot Scale Dense Media Beneficiation Delivers a High-Grade 41% Mn Product]
What government funding has Black Canyon Limited received for exploration?
Black Canyon Limited is eligible to receive $264,800 in government funding for further exploration at the Wandanya Project. [Source: Quarterly Report | June Quarterly Activities Report For period ending 30 June 2026]

Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice.