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Blackstone Minerals Ltd.
Summary
| Project: | Ta Khoa | |
|---|---|---|
| Deposit: | King Cobra | |
| Location: | Vietnam | |
| Commodities: | Nickel | |
| Date: | 5/14/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-5-2020: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its King Cobra deposit at the Ta Khoa project. Drilling results incl. 264.8m @ 0.33% Ni from 56.2m. Blackstone Minerals Limited (ASX code: BSX) is pleased to announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Radonjic (internal) | |
| ABSTRACT: | Blackstone Minerals Limited (ASX code: BSX) is pleased to announce further broad disseminated nickel sulfide mineralisation at the King Cobra discovery zone (KCZ), part of its Ta Khoa Nickel-PGE project, Vietnam. Significant new results from the KCZ include 38m @ 1.1% Ni, 59m @ 0.9% Ni & 49m @ 0.8% Ni and high-grade results including 16m @ 1.8% Ni & 20m @ 1.4% Ni. Blackstone has also intersected some of the broadest downhole intercepts to date including 265m @ 0.33% Ni, 83m @ 0.5% Ni & 72m @ 0.65% Ni. Blackstone’s drilling continues to intersect the King Cobra Zone (KCZ) over 200m of strike length and the discovery remains open down dip and along strike to the north-west and south-east. Blackstone has completed resource drilling at Ban Phuc and placed two rigs on standby, however it continues its aggressive exploration program with one rig targeting the down dip extents of the King Cobra discovery (KCZ) and a second rig testing massive sulfide vein (MSV) targets throughout the Ta Khoa Nickel-PGE project. A resource estimate for Ban Phuc is on track for completion in Q3, CY20. | |
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