Black Canyon Limited — Investor FAQs
- What is Black Canyon Limited's current cash position?
- As of the June 2026 Quarterly Activities Report, Black Canyon Limited reported a cash balance of $7.8 million. [Source: June Quarterly Activities Report For period ending 30 June 2026]
- How many shares does Black Canyon Limited have on issue?
- Black Canyon Limited has 162.2 million shares on issue. [Source: Black Canyon Board and Capital Structure Update]
- What recent funding activities has Black Canyon Limited undertaken?
- Black Canyon Limited completed a $10 million placement in September 2025 to support its activities. [Source: 2026 Annual Report]
- What is the focus of Black Canyon Limited's current strategy?
- Black Canyon Limited is focused on developing high-grade manganese and iron resources, with ongoing exploration and development activities at the Wandanya Project and the Balfour Manganese Field. [Source: Corporate Presentation – Lowell Resources Fund Mid-Year Investor Briefing]
- What is the status of the Scoping Study for Black Canyon Limited's projects?
- A Scoping Study is underway for the Wandanya Project, with completion expected by December 2026. [Source: Wandanya Maiden Mineral Resource Estimate]
- What are the key highlights from Black Canyon Limited's 2026 Annual Report?
- The 2026 Annual Report highlights significant progress at the Wandanya Project, including 17,200 meters of drilling and high-grade manganese and iron intersections. A $10 million placement was completed to support these activities. [Source: 2026 Annual Report]
- What is the mineral resource estimate for the Wandanya Project?
- The Wandanya Project has a maiden manganese resource estimate of 23.6 million tonnes at 25.8% Mn and a maiden iron resource estimate of 12.5 million tonnes at 54.9% Fe. [Source: Wandanya Maiden Mineral Resource Estimate]
- What recent drilling activities have been conducted at the Wandanya Project?
- Black Canyon Limited completed 17,200 meters of reverse circulation drilling at the Wandanya Project, confirming high-grade manganese and iron intersections. [Source: 2026 Annual Report]
- What are the results of the pilot scale Dense Media Separation (DMS) test at the Wandanya Project?
- The pilot scale DMS test at the Wandanya Project produced manganese product grades of 41% and 38.5%, confirming the potential for high-grade manganese production. [Source: Wandanya Pilot Scale Dense Media Beneficiation Delivers a High-Grade 41% Mn Product]
- What is the expected completion date for the Wandanya Project's Scoping Study?
- The Scoping Study for the Wandanya Project is expected to be completed by December 2026. [Source: Wandanya Maiden Mineral Resource Estimate]
- What is the mineral resource estimate for the Balfour Manganese Field?
- The Balfour Manganese Field has a global mineral resource estimate of 315 million tonnes at 10.5% Mn, containing 33.1 million tonnes of manganese. [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 for both High Purity Manganese Sulphate (HPMSM) feedstock and manganese concentrate for the steel industry. [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
- What are the categories of mineral resources at the Balfour Manganese Field?
- The mineral resources at the Balfour Manganese Field are classified as Measured (32%), Indicated (55%), and Inferred (13%). [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
- What is the manganese grade for the FB34 deposit within the Balfour Manganese Field?
- The FB34 deposit within the Balfour Manganese Field has a manganese grade of 10.5% for the Measured category and 10.0% for the Indicated category. [Source: Mineral Resources and Ore Reserves • Black Canyon Limited]
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