Black Canyon Limited ASX:BCA

Black Canyon Limited is focused on the exploration and development of high-grade manganese and iron resources, with significant activities centered around the Wandanya Project and the KR1 and KR2 deposits in the Pilbara region.

Key Investor Points

  • Black Canyon Limited is advancing high-grade manganese and iron projects.
  • The Wandanya Project is showing promising high-grade results and potential for Direct Ship Ore.
  • The KR1 and KR2 deposits have a Scoping Study indicating strong financial returns.
  • The company has a cash balance of $10.1 million to support ongoing exploration.
  • 162.2 million shares are on issue with 8 million options expiring in October 2026.

Company Projects — Recent Activity View all

KR1 and KR2 Deposits
Manganese • Pilbara region • Scoping Study in progress
Wandanya Project
Manganese, Iron • Not available from recent announcements • 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 Wandanya exploration.
  • Maiden JORC Mineral Resource Estimate for Wandanya expected by late Q3 2026.
  • Scoping Study for Wandanya targeted for completion by Q4 2026.

Announcements View all

2026-07-22 Pilot Scale DMS Delivers a HG 41% Mn Product
Black Canyon's pilot test at Wandanya yields 41% manganese product.
2026-07-16 Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing
Black Canyon presented at Lowell Resources Fund Mid-Year Briefing.
2026-07-07 Wandanya High-Grade Mn and Fe Results Continue to Impress
Black Canyon reports extended manganese and iron mineralisation at Wandanya.
2026-07-01 Black Canyon Capital Structure and Project Update
Black Canyon updates on capital structure and Wandanya project progress.
2026-05-25 Continuity of Shallow, High-Grade Mn and Fe Confirmed at Wandanya
Black Canyon confirms high-grade manganese and iron at Wandanya, extending mineralisation.
2026-05-14 Wandanya Beneficiation Delivers High-Grade 40-45% Mn Products
Stage 3 trials at Wandanya produce manganese grades over 40% Mn.
2026-04-28 Quarterly Activities Report
Black Canyon reports metallurgical testwork results and drilling at Wandanya.
2026-04-14 Black Canyon Board and Capital Structure Update
Black Canyon updates on board composition and capital structure.
2026-04-08 Beneficiation Testwork Delivers Manganese Grades over 40%
Black Canyon's testwork shows manganese grades over 40% at Wandanya.
2026-03-17 Wandanya Metallurgical Results Demonstrate DSO Potential
Black Canyon reports DSO potential from Wandanya metallurgical tests.

Investor FAQs View all

What recent developments have occurred at the Wandanya Project?
Black Canyon Limited announced successful pilot scale Dense Media Separation (DMS) testwork at the Wandanya project, producing a high-grade manganese product. The test upgraded manganese from feed grades of 32.4% and 29.4% to 41.0% and 38.5% respectively, with recoveries between 80% and 82%. These results will inform the upcoming Scoping Study and support the direct ship ore strategy. Additionally, an RC drill rig is set to mobilize in August for further exploration. [Source: Pilot Scale DMS Delivers a HG 41% Mn Product, 2026-07-22]
What is the current cash position of Black Canyon Limited?
As of the March quarter 2025, Black Canyon Limited reported a cash balance of $10.1 million. [Source: Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing, 2026-07-16]
How many shares does Black Canyon Limited have on issue?
Black Canyon Limited has 162.2 million shares on issue. [Source: Black Canyon Capital Structure and Project Update, 2026-07-01]
What are the manganese grades achieved in recent beneficiation trials at Wandanya?
Recent beneficiation trials at the Wandanya Project achieved manganese grades over 40% using Heavy Liquid Separation (HLS), with recoveries ranging from 73% to 82%. [Source: Wandanya Beneficiation Delivers High-Grade 40-45% Mn Products, 2026-05-14]

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