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Blackstone Minerals Limited (ASX:BSX)

ALERT: Price-sensitive ASX Announcement for BSX
Current share price for BSX : $0.041 -0.011 (-21.15%)+
Announcement
Release
30 Apr 2026 9:08AM
Price at Release
$0.052
Full Release
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Summary
Blackstone Minerals Limited provided a quarterly activities and Appendix 5B cash flow report for the period ending 31 March 2026. The report highlights the resumption of exploration activities at the Mankayan Copper-Gold Project in the Philippines after lifting a Cease-and-Desist Order. The company has been engaging with local and national authorities to support the project. No new exploration results or resources were reported, and a Pre-Feasibility Study (PFS) has been initiated with ongoing metallurgical test work. Financially, the company recorded net cash outflows from operating activities amounting to $1,109,000 for the quarter, while cash at the end of the period stood at $14.6 million. Proceeds from the exercise of options amounted to $844,000 during this period. The report also notes the appointment of Mark Williams to the Board as a Non-Executive Director.
Key Points
  • Quarterly activities and cash flow report for the period ending 31 March 2026
  • Resumed exploration activities at Mankayan Copper-Gold Project
  • Engagement with local and national stakeholders
  • Initiation of Pre-Feasibility Study (PFS) with ongoing metallurgical test work
  • Net cash outflows from operating activities recorded
  • End of quarter cash position at $14.6 million
  • Proceeds of $844,000 from exercise of options
  • Appointment of Mark Williams as Non-Executive Director
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.