Black Canyon Limited — Investor FAQs

What is Black Canyon Limited's current cash position?
As of 30 June 2026, Black Canyon Limited reported a cash balance of $7.8 million. [Source: June Quarterly Activities Report]
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]
What is the focus of Black Canyon Limited's corporate strategy?
Black Canyon Limited focuses on developing high-grade manganese and iron resources, with a dual commodity strategy that includes potential for Direct Ship Ore (DSO) and high-grade manganese production. [Source: Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing]
What are the recent financial highlights for Black Canyon Limited?
Black Canyon Limited reported a cash balance of $7.8 million as of 30 June 2026 and is eligible to receive $264,800 in government funding for exploration. [Source: June Quarterly Activities Report]
What is the funding requirement for Black Canyon Limited's development projects?
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]
What is the current market capitalization of Black Canyon Limited?
As of 13 July 2026, Black Canyon Limited's market capitalization was $56.7 million. [Source: Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing]
What recent board and management changes have occurred at Black Canyon Limited?
The board of Black Canyon Limited includes Graham Ascough as Non-Executive Chairman, Brendan Cummins as Managing Director, and Simon Taylor. [Source: Black Canyon Board and Capital Structure Update]
What are the recent exploration activities at the Wandanya Project?
Black Canyon Limited has commenced a 5,000m reverse circulation (RC) drilling program at the Wandanya Project, targeting a 9km mineralised trend. A Maiden Mineral Resource Estimate is expected in September 2026, followed by a Scoping Study in December 2026. [Source: Exploration Drilling Commences At Wandanya]
What are the recent drilling results from the Wandanya Project?
Recent drilling at the Wandanya Project confirmed high-grade manganese and iron intersections, with manganese grades up to 45.1% Mn and iron grades up to 62.8% Fe. [Source: Wandanya High-Grade Mn and Fe Results Continue to Impress]
What beneficiation test results have been achieved at the Wandanya Project?
Pilot scale Dense Media Separation (DMS) tests at the Wandanya Project achieved manganese product grades of 41% and 38.5% from two blended composites, with recoveries ranging between 80% and 82%. [Source: Wandanya Pilot Scale Dense Media Beneficiation Delivers a High-Grade 41% Mn Product]
What is the expected timeline for the Wandanya Project's Scoping Study?
The Scoping Study for the Wandanya Project is scheduled for completion in December 2026. [Source: Exploration Drilling Commences At Wandanya]
What government funding has the Wandanya Project received?
The Wandanya Project is eligible to receive $264,800 in government funding for exploration activities. [Source: June Quarterly Activities Report]
What is the mineral resource estimate for the Balfour Manganese Field?
The Balfour Manganese Field has a Global Mineral Resource Estimate of 315 Mt at 10.5% Mn, containing 33.1 Mt of manganese, classified as Measured (32%), Indicated (55%), and Inferred (13%). [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
What commodities are targeted at the Balfour Manganese Field?
The Balfour Manganese Field targets manganese for High Purity Manganese Sulphate (HPMSM) feedstock and manganese concentrate for the steel industry. [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
What is the significance of the Balfour Manganese Field?
The Balfour Manganese Field is one of the largest and highest-grade undeveloped manganese deposits in Western Australia, providing a solid platform for establishing Ore Reserves through development studies. [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
What is the ownership structure of the deposits within the Balfour Manganese Field?
Black Canyon Limited owns 75% of certain deposits and 100% of others within the Balfour Manganese Field. [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]

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