Blackstone Minerals Ltd - Blackstone (ASX:BSX) Strikes Massive Nickel Sulphide Vein in Previously Untested Taipan Discovery Zone (TDZ).
Blackstone Minerals Ltd (ASX:BSX)

Blackstone (ASX:BSX) Strikes Massive Nickel Sulphide Vein in Previously Untested Taipan Discovery Zone (TDZ).

Published Feb 25, 2021

What happened?

What has happened?

Blackstone Minerals (ASX:BSX) announced that they struck a significant sulphide mineralisation in a previously untested zone within the Ta Cuong prospect. The discovery was made in the Taipan Discovery Zone (TDZ) in the first drill hole.

What are the key highlights?

  • The Taipan Discover Zone (TDZ), which was discovered by hole TC21-03 (sample from drill core featured below), features 39.70m of continuous disseminated sulphide (DSS), semi-massive sulphide vein (SMSV) and massive sulphide vein (MSV) unweathered mineralisation from 15.15m.
  • Blackstone made the discovery in the first drill-hole of a previously untested zone within the Ta Cuong prospect due to ongoing systematic testing of mapped Electromagnetic (EM) conductors.
  • The Company also noted that follow up drilling is being planned to test several proximal EM geophysics targets as well as the extent of the intensely mineralised TDZ.
  • The TC21-03 drill hole Intersected 39.70m of sulphide mineralisation, including DSS, SMSV and MSV. This interval was preceded by 9.27 meters of weakly weathered (limonitic) sulphide mineralisation (totalling 49 meters of continuous mineralisation from 5.88m).


What does this mean?

With Blackstone’s discover of the Taipan Discovery Zone (TDZ) and the ongoing drilling throughout the Ta Cuong prospect, there is the potential to add significantly to the Company’s massive sulphide mining inventory, providing further impetus for the restart of the Company’s existing 450kt concentrator.

Ta Cuong is a Nickel-PGE-Cu-Co MSV prospect located 6km along strike from the recently operating Ban Phuc MSV nickel mine and existing processing centre. The prospect is associated with the Ban Khang intrusive complex and is proximal to a major regional fault zone which also transects the Ban Phuc, King Snake and Ban Chang MSV zone.


Managing Director's summary

Scott Williamson Managing Director of Blackstone Minerals Ltd has provided a statement.
Scott Williamson
Scott Williamson
Managing Director, Blackstone Minerals Ltd

Download Announcement

View this announcement as well as our full profile on the company.


Share your thoughts about this announcement...

Similar articles
Blackstone (ASX:BSX) Appoints Hydrometallurgy Expert for Development of Downstream Business
This morning in a surprise announcement, Blackstone (ASX:BSX) appointed highly-experienced hydrometallurgical engineer T...
4 months ago
Blackstone (ASX:BSX) Outlines Updated Corporate Strategy in its Latest Investor Presentation
What has happened? Blackstone Minerals (ASX:BSX) announced a corporate strategy update in light of the recent Ta Khoa ex...
4 months ago
Blackstone (ASX:BSX) Confirms High-grade Massive Sulphide Nickel, Copper & PGE’s at King Snake Prospect
What has happened? Blackstone Minerals (ASX:BSX) announced that it has received several batches of assay results, includ...
4 months ago
Around the web
Blackstone moves to Vietnam refinery pilot testing
The board of aspiring Vietnam base metals developer Blackstone Minerals has given the green light to...
Blackstone Minerals' board of directors approve first phase pilot plant work and DFS at Ta Khoa Refinery
Early design works for piloting have been completed, with procurement of equipment to begin in the c...
Blackstone reckons Ta Khoa will be a ‘cycle proof’ green nickel asset
Blackstone Minerals (ASX:BSX) has just released the pre-feasibility study for the development of a T...
Powered by  
  • Company
    Blackstone Minerals Ltd
  • Website
  • Sector
    Metals & Mining
  • Industry
    Diversified Metals & Mining
  • Code
  • Socials
View Blackstone Minerals Ltd's Profile

How do I invest?

Considering investing in Blackstone Minerals Ltd?
Here's how to get started.
Low Cost Brokerage ASX Cheapest ASX Trading Platform
  1. 1

    Create account

    Open an account with an online broker of your choice. If you do not have an existing broker, consider Mawson Graham's A$9.50 flat fee platform.

    Sign up now »
  2. 2

    Search for ASX:BSX

    On your online investment platform search for the stock ticker code ASX:BSX to bring up the company's shares.

  3. 3

    Buy shares

    Place your order however you wish. If you need advice on buying or selling, you should seek the assistance of a full service financial adviser experienced in small cap equities.