Black Canyon Limited (ASX:BCA) Expands Wandanya Manganese Project
Black Canyon Limited (ASX:BCA) has announced the acquisition of 100% of Ndalamo Platinum Pty Ltd, securing key tenement applications ELA46/1571 and ELA46/1572. This move adds 229km² to the company’s manganese portfolio in the eastern Pilbara, significantly expanding the prospective areas around the Wandanya Manganese Project and the Balfour Manganese Field (BMF).
Strategic Tenement Acquisitions
The acquisition includes six tenements strategically positioned in the east Pilbara, complementing Black Canyon’s existing manganese discoveries within the BMF. This expansion extends the strike of the high-grade Wandanya manganese and iron discoveries by an additional 300m to 400m. Mapping has confirmed the continuation of a manganese-rich horizon from the recent Wandanya W2 prospect onto ELA46/1571, which includes iron-rich formations similar to those identified on Black Canyon’s Wandanya tenement.
Managing Director Comments
Brendan Cummins, Managing Director of Black Canyon Limited, stated, “With the planned RC drill program about to commence at Wandanya the Company has recognised the strategic value in acquiring and further consolidating its ground position in the east Pilbara. The acquisition includes two key applications for licenses immediately south and north of the Wandanya discovery where the prospective manganese enriched stratigraphic horizon continues to outcrop onto the southern Ndalamo tenement for a further 300m to 400m.”
“The Company has already mapped outcropping manganese mineralisation over 3km of strike at Wandanya and with the addition of the Ndalamo tenement to the south we can add a further 300m to 400m of strike which further enhances the scale potential of this manganese discovery.”
Project Expansion and Future Outlook
Black Canyon’s acquisition strengthens its position in the Balfour Manganese Field, which holds significant mineral resources. The company expects to update the market on exploration programs planned across the acquired tenements over the next six to twelve months and the drill results from the upcoming RC drill program on the Wandanya project.
Motley Fool contributor Aaron Shaw has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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