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Blackstone Minerals Ltd.

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Summary

Project:

Little Gem

Deposit:Little Gem
Location:Canada
Commodities:Cobalt-Gold
Date:1/9/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:9-1-2018: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its Little Gem deposit at the Little Gem project. Drilling results incl. 4.82m @ 17.41g/t Au, 0.94% Co from 192.81m. Blackstone Minerals Limited (“Blackstone” or the “C
Resources:x
CP/QP:[Overall Report]: Andrew Radonjic (internal)
ABSTRACT:Blackstone Minerals Limited (“Blackstone” or the “Company”), is pleased to announce outstanding results from the first hole of a maiden drilling program at the very high grade Little Gem Cobalt-Gold Project (Little Gem) in British Columbia, Canada. Blackstone’s Managing Director commented; “An outstanding result from our first drill hole at Little Gem. We look forward to recommencing the maiden drill program in Q2 2018. With further regional exploration results pending we continue to expand our understanding of the full potential of the project. These initial results confirm Little Gem as one of the highest grade Cobalt-Gold projects in the world located within a region completely unexplored for cobalt” Blackstone Minerals Limited has commenced its maiden drilling program at the very high grade Little Gem Cobalt-Gold Project in British Columbia, Canada. The drilling program started late in the field season and hence only one diamond drill hole was able to test the target zone before the onset of winter weather conditions. The successful diamond drill hole has only tested the upper portion of the alteration zone as it was terminated (due to mechanical issues) halfway through the mineralised target (Refer Figure Two). Although the drill hole was successful and confirmed historic drilling and sampling results, it has not tested the full potential of the cobalt and gold mineralisation at Little Gem.

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