Wandanya Beneficiation Delivers High-Grade 40-45% Mn Products
Summary
Black Canyon Limited announced successful Stage 3 beneficiation trials at the Wandanya Project, achieving manganese grades over 40% from blended feeds. The trials used Heavy Liquid Separation (HLS) and demonstrated manganese recoveries between 73% and 82%. The company plans larger scale Dense Media Separation (DMS) tests and continues resource drilling.
Investor Highlights
- Stage 3 beneficiation trials yield manganese grades over 40%.
- Manganese recoveries between 73% and 82%.
- Iron ore tests indicate potential for high-grade DSO.
- 40% of resource definition drilling program completed.
Key Points
- Stage 3 beneficiation trials at Wandanya yield manganese grades over 40%.
- Manganese recoveries range from 73% to 82% using HLS.
- Plans for larger scale DMS tests on Blend 1 and 2 composites.
- Iron ore tests show potential for high-grade Direct Ship Ore (DSO).
- 40% of the 15,000m resource definition drilling program completed.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Highly Technical — The announcement includes detailed technical data and specific metallurgical processes.
Sentiment
Positive — The announcement reports successful test results and progress in drilling activities.
Share Price Reaction
Following the announcement, the share price moved from $0.3950 to $0.3700 over five trading days, representing a decreased of 6.3%.
- Price at announcement: $0.3950
- 1 day: 0.00%
- 5 day: -6.33%
- 30 day: -2.53%
Share price data may be delayed.
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