Black Canyon Reports 41% Manganese from Pilot Test
Summary
Black Canyon Limited has completed a pilot scale Dense Media Separation (DMS) test at its Wandanya Project, achieving manganese product grades of 41% and 38.5% from two blended composites. The test confirms the potential for high-grade manganese production using standard industry processing methods. These results will inform the upcoming Scoping Study and support the company's dual commodity strategy.
Investor Highlights
- Pilot scale DMS test achieved 41% manganese product.
- Manganese recoveries ranged between 80% and 82%.
- Upcoming Scoping Study to examine dual commodity operation.
- RC drill rig mobilization planned for August.
- Maiden Mineral Resource Estimate on track for September 2026.
Key Points
- Pilot scale DMS test at Wandanya yields 41% and 38.5% manganese products.
- Manganese recoveries for blends ranged between 80% and 82%.
- Results to inform upcoming Scoping Study and dual commodity strategy.
- RC drill rig to mobilize in August for resource expansion.
- Maiden Mineral Resource Estimate expected in September 2026.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Technical — The announcement includes detailed technical data and industry-specific terminology.
Sentiment
Positive — The announcement reports successful test results and outlines future development plans.
Share Price Reaction
Following the announcement, the share price moved from $0.3000 to $0.2750 over five trading days, representing a decreased of 8.3%.
- Price at announcement: $0.3000
- 1 day: 0.00%
- 5 day: -8.33%
Share price data may be delayed.
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