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Black Bear Minerals Limited (ASX:BKB)

ALERT: Price-sensitive ASX Announcement for BKB
Current share price for BKB : $0.575 -0.05 (-8%)+
Announcement
Release
4 Jun 2026 8:17AM
Price at Release
$0.625
Full Release
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Summary
Black Bear Minerals Limited announced exceptional high-grade silver results from its ongoing exploration activities at the Shafter Project. The drilling results confirmed the presence of high-grade silver and polymetallic mineralization, including notable grades of zinc, lead, and gold. Drillhole SFD019 highlighted an interval with 1,169g/t silver, alongside significant concentrations of lead and zinc. These findings, part of a broader exploration initiative to validate and expand the Foreign Mineral Resource Estimate (MRE), emphasize the project's polymetallic potential, previously unaccounted for in the existing estimates. The company plans additional sampling and metallurgical testwork to assess the extent of polymetallic mineralization, with future mining restart studies in consideration.
Key Points
  • Exceptional high-grade silver results reported at Shafter Project.
  • Drillhole SFD019 shows 1,169g/t Ag with significant Pb and Zn.
  • Polymetallic potential including gold, zinc, lead, and vanadium.
  • Exploration efforts aim to validate and extend existing MRE.
  • Future studies will focus on mining restart and metallurgical testing.
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.