Wandanya Project Yields High-Grade Manganese Products
Summary
Black Canyon Limited announced successful Stage 3 beneficiation trials at the Wandanya Project, achieving manganese grades over 40% from blended feeds. The trials used Heavy Liquid Separation (HLS) and demonstrated manganese recoveries between 73% and 82%. The company plans larger scale Dense Media Separation (DMS) tests and continues resource drilling.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Stage 3 beneficiation trials yield manganese grades over 40%.
- Manganese recoveries between 73% and 82%.
- Iron ore tests indicate potential for high-grade DSO.
- 40% of resource definition drilling program completed.
Key Points
- Stage 3 beneficiation trials at Wandanya yield manganese grades over 40%.
- Manganese recoveries range from 73% to 82% using HLS.
- Plans for larger scale DMS tests on Blend 1 and 2 composites.
- Iron ore tests show potential for high-grade Direct Ship Ore (DSO).
- 40% of the 15,000m resource definition drilling program completed.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Highly Technical — The announcement includes detailed technical data and specific metallurgical processes.
Sentiment
Positive — The announcement reports successful test results and progress in drilling activities.
Share Price Reaction
Following the announcement, the share price moved from $0.3950 to $0.3700 over five trading days, representing a decreased of 6.3%.
- Price at announcement: $0.3950
- 1 day change: 0.00%
- 5 day change: -6.33%
- 30 day change: -2.53%
Share price data may be delayed.
Ask About This Announcement
Responses are generated from company announcement content and are not financial advice.
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.
