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Blackstone Minerals Ltd.
Summary
| Project: | Ta Khoa | |
|---|---|---|
| Deposit: | Ban Phuc | |
| Location: | Vietnam | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 8/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-8-2019: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its Ban Phuc deposit at the Ta Khoa project. Drilling results incl. 45.5m @ 1.20% Ni, 0.17% Cu, 0.01% Co from 56.5m. Blackstone Minerals Limited (ASX code: BSX) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Radonjic (internal) | |
| ABSTRACT: | Blackstone Minerals Limited (ASX code: BSX) is pleased to announce the maiden drill results from the Ta Khoa Nickel Project in Northern Vietnam. The Ta Khoa Nickel Project is located 160km west of Hanoi (see Figure 2) in the Son La Province of Vietnam and includes an existing modern nickel mine (Ban Phuc) built to Australian Standards (see Figure 1), which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016. Blackstone’s maiden drilling results are consistent with historic drilling and confirm the potential for a large unmined disseminated sulfide prospect at Ban Phuc with the initial three holes delivering the following significant results. Blackstone has commenced drilling and concurrently undertaken an initial IP survey test line. The IP survey has proven successful and the results will be used to target the second phase of drilling over the coming weeks. Blackstone will continue to test for shallow DSS targets at Ban Phuc and using the IP survey results will commence the second phase of drilling to target high chargeability and low resistivity zones which correlate with the higher-grade zones within the Ban Phuc DSS. Blackstone is the first Company to use IP as a targeting tool and the initial results suggest the geophysical method will allow the Company to successfully define higher grade zones within both the MSV and DSS prospects throughout the Ta Khoa Nickel Project. | |
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