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Black Canyon Limited (ASX:BCA)

ALERT: Price-sensitive ASX Announcement for BCA
Current share price for BCA : $0.295 -0.05 (-14.49%)+
Announcement
Release
26 Aug 2026 8:35AM
Price at Release
$0.345
Full Release
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Summary
Black Canyon Limited has initiated a new reverse circulation (RC) drilling program at the Wandanya Project, aiming to expand the mineral resource along a 9km trend. This effort follows successful previous drilling that defined a 3.4km base case footprint, with high-grade manganese and iron results. The current program targets 1.4km to the south and 2.8km to the north, with a total of 5,000m of drilling planned. The Maiden Mineral Resource Estimate (MRE) is expected to be completed in September 2026, followed by a Scoping Study in December 2026. This project is part of Black Canyon's strategy to develop a dual-commodity manganese and iron operation in Western Australia.
Key Points
  • Black Canyon Limited starts new RC drilling at Wandanya.
  • Program targets a total of 5,000m along a 9km trend.
  • Previous drilling extended base case to 3.4km with high-grade manganese and iron results.
  • Maiden Mineral Resource Estimate due in September 2026.
  • Scoping Study planned for December 2026.
  • Aims to develop a dual-commodity manganese and iron operation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.