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Blackstone Minerals Ltd.

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Summary

Project:

Ta Khoa

Deposit:Ta Cuong
Location:Vietnam
Commodities:Copper-Nickel-Cobalt-PGM
Date:7/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-7-2020: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its Ta Cuong deposit at the Ta Khoa project. Previously unassayed drill results incl. 15.6m @ 0.66% Ni, 0.6% Cu, 0.04% Co, 0.31g/t PGM from 45.9m. Blackstone Minerals
Resources:x
CP/QP:[Overall Report] Andrew Radonjic (Internal)
ABSTRACT:Blackstone Minerals Limited (ASX code: BSX) is pleased to announce that exploration has commenced at Ta Cuong, the Company’s second MSV prospect at the Ta Khoa Nickel-Cu-PGE Project in Vietnam. Ta Cuong is located 6km along strike from Ban Chang and proximal to a major regional structure that is also close to the Ban Phuc and Ban Chang prospects. Blackstone’s in-house geophysics crew recently generated a 1.2km long massive sulfide target at Ban Chang within a 12km long district-scale exploration corridor which it will continue to drill test over the coming months. Blackstone is targeting MSV prospects analogous to the previously mined Ban Phuc MSV, where previous owners successfully mined 975kt from an average vein width of 1.3m and average grades of 2.4% Ni & 1.0% Cu. The high priority prospects outlined within this announcement (see Figure 1) will be the Company’s targets in the next phase of advanced exploration and drill testing.

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