Beneficiation Testwork Delivers Manganese Grades over 40%
Summary
Black Canyon Limited has conducted sighter level beneficiation testwork at its Wandanya Project, producing manganese oxide concentrates with grades over 40% using Heavy Liquid Separation (HLS). The testwork involved low, medium, and high-grade manganese feeds, achieving significant manganese upgrades. The company plans further testwork and a 15,000m drill program to advance the project.
Investor Highlights
- Testwork produced manganese grades over 40% using HLS.
- High-grade MnO composite upgraded from 45% to 48.2%-49.9% Mn.
- Medium-grade MnO composite upgraded from 30.9% to 39.3%-40.3% Mn.
- Low-grade MnO composite upgraded from 24.4% to 37.9%-41.8% Mn.
- 15,000m drill program to commence at Wandanya.
Key Points
- Beneficiation testwork at Wandanya produced manganese grades over 40%.
- Heavy Liquid Separation (HLS) technique was used for the testwork.
- Further HLS and larger scale Dense Media Separation (DMS) are planned.
- A 15,000m infill and expansion drill program is commencing.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Technical — The announcement contains detailed technical information about beneficiation processes and metallurgical testwork.
Sentiment
Positive — The announcement reports progress in beneficiation testwork with favorable manganese grades.
Share Price Reaction
Following the announcement, the share price moved from $0.3250 to $0.3300 over five trading days, representing a increased of 1.5%.
- Price at announcement: $0.3250
- 1 day: -3.08%
- 5 day: 1.54%
- 30 day: 18.46%
Share price data may be delayed.
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