Ban Chang Prospect Extended By 1km – 5.7m @ 2% Ni, 1% Cu & 1g/t PGE

What's happened?

Blackstone Minerals Ltd (ASX: BSX, “Blackstone”) has extended the strike of the Ban Chang prospect by more than 1km, with “step out” reconnaissance style drilling intersecting high-grade mineralization:

What are the key highlights?

1. Blackstone’s drill hole BC20-03 is located more than 1km along strike from Blackstone’s maiden drill hole at Ban Chang.
2. Blackstone’s four maiden drill holes at Ban Chang have all intersected massive sulfide nickel over a 1.2km strike within a 1.2km long massive sulfide target zone defined by high priority electromagnetic (EM) plates.
3. Assays are still pending for drill holes BC 20-02 which intersected 1.2m of massive sulfide veins (MSV) and BC 20-04 which intersected 15.4m of sulfide vein mineralisation.
4. Blackstone is targeting MSV prospects analogous to the Ban Phuc MSV, where previous owners mined 975kt of high-grade ore at average grades of 2.4% Ni & 1.0% Cu from an average vein width of 1.3m, producing 20.7kt Ni, 10.1kt Cu and 0.67kt Co.

For further information, please refer to the announcement linked below.