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Black Canyon Limited ( (AU:BCA) ) just unveiled an announcement.
Black Canyon Limited announced results from its KR2 infill drilling program, revealing thick zones of manganese-enriched shale. The drilling aims to upgrade the current KR2 Inferred Mineral Resource to a higher confidence Indicated classification, which could significantly impact the economics of the KR1 and KR2 projects by potentially bringing forward higher-grade, shallow tonnes in the production schedule. This development is expected to strengthen cash flows and improve the project’s economic metrics, enhancing Black Canyon’s positioning in the manganese market.
More about Black Canyon Limited
Black Canyon Limited is an Australian explorer and developer in the manganese industry, focusing primarily on the exploration and development of manganese resources. The company is involved in projects like the Balfour Manganese Field, aiming to enhance its market position in the manganese sector.
YTD Price Performance: 0%
Average Trading Volume: 98,767
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.9M
For detailed information about BCA stock, go to TipRanks’ Stock Analysis page.
