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Black Canyon Limited ( (AU:BCA) ) has provided an update.
Black Canyon Limited provided an updated December Quarterly Activities Report, highlighting a significant new manganese discovery at the Wandanya W2 Prospect. The discovery, featuring high-grade manganese assays, represents an important advancement in their exploration model. Additionally, a high-grade iron discovery was reported at Wandanya, with promising exploration potential along a 5km ridge. The company also announced a successful $2.5 million capital raising initiative, emphasizing strong investor interest and financial support, which is expected to enhance its exploration efforts.
More about Black Canyon Limited
Black Canyon Limited operates in the mining industry, focusing primarily on the exploration and development of manganese and iron mineral resources. The company is known for its exploration activities in the Balfour Manganese Field and its proximity to the Woodie Woodie mine site, indicating a strong market focus on manganese and iron exploration.
YTD Price Performance: 8.33%
Average Trading Volume: 99,208
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.9M
For detailed information about BCA stock, go to TipRanks’ Stock Analysis page.
