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Blackstone Minerals Ltd.
Summary
| Project: | Ta Khoa | |
|---|---|---|
| Deposit: | King Cobra | |
| Location: | Vietnam | |
| Commodities: | Nickel-Copper-Cobalt-Platinum-Palladium-Gold | |
| Date: | 1/20/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-1-2020: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its King Cobra deposit at the Ta Khoa project. Drilling results incl. 59.8m @ 1.29% Ni, 0.22% Cu, 0.02% Co, 0.12g/t Pt, 0.13g/t Pd, 0.04g/t Au from 32m. Blackstone Min | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Radonjic (Internal) | |
| ABSTRACT: | Blackstone Minerals Limited (ASX code: BSX) is pleased to announce that drilling at the King Cobra discovery has intersected 60m @ 1.3% Nickel from 32m at the Ta Khoa Nickel Project in Northern Vietnam. The King Cobra discovery is a new, near surface, high grade zone of nickel sulfide bearing semi-massive sulfide veins (SMSV) at the Ta Khoa Nickel Project (see Figure 8). The King Cobra discovery includes the first-ever intersection of massive sulfide vein and breccia styles of sulfide mineralisation within the Ban Phuc intrusion and may provide vectors towards the high grade ‘feeder zone’ mineralisation (see Figure 6 for magmatic nickel sulfide model). Blackstone Mineral’s Managing Director Scott Williamson commented: “Blackstone is pleased to announce the King Cobra discovery hole as our most significant drillhole to date at the Ta Khoa Nickel Project. The King Cobra discovery continues to grow, as does our understanding of the geology of the Ban Phuc deposit. The King Cobra discovery is shaping up to be a high grade, near surface, large scale disseminated Nickel-PGE zone that has potential to deliver a highly economic starter pit at Ta Khoa.” | |
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