InvestSMART

Blackstone Minerals Limited (ASX:BSX)

ALERT: Price-sensitive ASX Announcement for BSX
Current share price for BSX : $0.039 0.004 (11.43%)+
Announcement
Release
14 Apr 2026 9:04AM
Price at Release
$0.035
Full Release
download
Summary
Blackstone Minerals Limited has announced that the Cease and Desist Order preventing exploration activities at the Mankayan Copper-Gold Project in the Philippines has been lifted, allowing the resumption of these activities. The project is notable for its substantial JORC 2012 Mineral Resource, which includes 793 million tonnes of ore at 0.65% Copper Equivalent, making it the fourth-largest undeveloped copper project in the Philippines. The company is now moving forward with a Pre-Feasibility Study (PFS), with drilling expected to commence soon, targeting potential extensions of high-grade zones, understanding mineralised veins, and gathering geotechnical data. The project holds significant importance for stakeholders and is under active engagement with local communities and government bodies.
Key Points
  • Cease and Desist Order lifted at Mankayan Project
  • Exploration activities to resume in the Philippines
  • Substantial JORC 2012 Mineral Resource of 793Mt
  • PFS drilling to test high-grade zones and gather data
  • Project is fourth-largest undeveloped copper project
  • Active engagement with local communities and government
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.