Blackstone Minerals Ltd ( (AU:BSX) ) has provided an announcement.
Blackstone Minerals Ltd has announced the discovery of visible gold in a diamond drill hole at the Mankayan Copper Gold Project in the Philippines. This discovery, located above the main copper-gold porphyry system, presents a significant exploration opportunity as it opens up new targets within volcanic host rocks that were previously overlooked. The company is currently undergoing a merger with IDM International, which is expected to enhance the development of the Mankayan project by combining the expertise of both teams. This discovery marks a pivotal step in understanding the resource potential of Mankayan and could have significant implications for the company’s future operations and market positioning.
More about Blackstone Minerals Ltd
Blackstone Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and gold, with a strategic market focus on high-grade copper-gold assets.
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Current Market Cap: A$39.96M
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