Pilot Test Produces 41% Manganese Product
Summary
Black Canyon Limited conducted a pilot scale Dense Media Separation (DMS) test at the Wandanya Project, achieving manganese product grades of 41% and 38.5% from two different feed blends. The test confirms the potential for high-grade manganese production using standard industry processing techniques. These results will inform the upcoming Scoping Study and support the company's direct ship ore strategy.
Investor Highlights
- Pilot scale DMS test achieved 41% manganese product.
- Manganese recoveries between 80% and 82%.
- Upcoming Scoping Study will use these results.
- RC drill rig scheduled for August to expand resources.
- Maiden Mineral Resource Estimate expected in September 2026.
Key Points
- Pilot scale DMS test produced manganese grades of 41% and 38.5%.
- Manganese recoveries ranged between 80% and 82%.
- Results will inform the upcoming Scoping Study.
- RC drill rig to mobilize in August for further exploration.
- Testwork supports direct ship ore strategy.
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 pilot test results and progress towards project development.
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.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice.