drilling program announced today, limited downside at these prices but big potential.
Highly prospective area, adajacent big players and fully cashed up in a hot sector
Black Canyon is well-funded for an aggressive exploration and drilling campaign following its over-subscribed IPO, which raised $5m
• On-ground exploration set to start this week on the highly prospective Flanagan Bore Project
• Previous reverse circulation (RC) drilling completed at Flanagan Bore in 2012 returned well mineralised intercepts over a broad area highlighting the potential of the project. Significant drill results include:
o [email protected]%Mnfrom3m(LRRC08);
o [email protected]%Mnfromsurface(LRRC16);and o [email protected]%Mnfrom4m(LRRC03)
BCA Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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