Pilot Test Produces 41% Manganese Product
Summary
Black Canyon Limited conducted a pilot scale Dense Media Separation (DMS) test at the Wandanya Project, achieving manganese product grades of 41% and 38.5% from two different feed blends. The test confirms the potential for high-grade manganese production using standard industry processing techniques. These results will inform the upcoming Scoping Study and support the company's direct ship ore strategy.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Pilot scale DMS test achieved 41% manganese product.
- Manganese recoveries between 80% and 82%.
- Upcoming Scoping Study will use these results.
- RC drill rig scheduled for August to expand resources.
- Maiden Mineral Resource Estimate expected in September 2026.
Key Points
- Pilot scale DMS test produced manganese grades of 41% and 38.5%.
- Manganese recoveries ranged between 80% and 82%.
- Results will inform the upcoming Scoping Study.
- RC drill rig to mobilize in August for further exploration.
- Testwork supports direct ship ore strategy.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Technical — The announcement includes detailed technical data and industry-specific terminology.
Share Price Reaction
Following the announcement, the share price moved from $0.3000 to $0.2750 over five trading days, representing a decreased of 8.3%.
- Price at announcement: $0.3000
- 1 day change: 0.00%
- 5 day change: -8.33%
- 30 day change: 3.33%
Share price data may be delayed.
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Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
