Black Canyon Limited — Investor FAQs
- 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]
- What is the funding requirement for the development of the KR1 and KR2 deposits?
- The Scoping Study for the KR1 and KR2 deposits in the Pilbara region indicates a funding requirement of approximately A$84 million for potential development. [Source: Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing, 2026-07-16]
- When is the maiden JORC Mineral Resource Estimate for the Wandanya project expected?
- The maiden JORC Mineral Resource Estimate for the Wandanya project is expected by late Q3 2026. [Source: Black Canyon Capital Structure and Project Update, 2026-07-01]
- What are the key findings from the recent drilling results at the Wandanya Project?
- Recent drilling results at the Wandanya Project confirmed high-grade manganese and iron mineralisation, extending the manganese zone 400m south and identifying mineralisation up to 500m north of the base case target. [Source: Wandanya High-Grade Mn and Fe Results Continue to Impress, 2026-07-07]
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