Black Canyon Limited (AU:BCA) has released an update.
Black Canyon Limited (ASX: BCA) reports promising exploration potential at the Balfour Manganese Field with an Exploration Target Estimate suggesting significant manganese deposits in addition to their existing Mineral Resource Estimate. Recent metallurgical testwork indicates high-grade manganese concentrate production capabilities, aligning with the current upward trend in global manganese ore prices. The company’s assets in Western Australia’s Pilbara region place it strategically near other operating mines, offering potential for manganese for steel production and battery-grade material for electric vehicles.
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