Blackstone Minerals Ltd - Blackstone continues to deliver broad nickel sulfide at King Cobra discovery
Blackstone Minerals Ltd (ASX:BSX)

Blackstone continues to deliver broad nickel sulfide at King Cobra discovery


What's happened?

Blackstone Minerals Ltd (ASX: BSX, “Blackstone”) has announced further broad disseminated nickel sulfide mineralisation at the King Cobra discovery zone (KCZ), part of its Ta Khoa Nickel-PGE project, Vietnam.

What are the key highlights?

  1. Significant new results from the KCZ include 38m at 1.1% Ni, 59m at 0.9% Ni & 49m at 0.8% Ni and high-grade results including 16m at 1.8% Ni & 20m at 1.4% Ni.
  2. Blackstone has also intersected some of the broadest downhole intercepts to date including 265m at 0.33% Ni, 83m at 0.5% Ni & 72m at 0.65% Ni.


For further details, please see the announcement linked below.

Managing Director's Summary

Scott Williamson

"Our drilling at the King Cobra discovery continues to intersect broad disseminated nickel sulfide mineralisation. The King Cobra discovery has delivered consistent, shallow, high-grade disseminated nickel sulfide mineralisation potentially amenable to a highly economic, bulk tonnage open pit mining scenario and the restart of the Ta Khoa Nickel-PGE Project. Results will be used as part of our maiden resource estimate for the project due in Q3, and we continue to drill with the aim of building a resource inventory that will allow us to restart nickel production from the Ban Phuc mine.”

Scott Williamson
Managing Director, Blackstone Minerals Ltd

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