Maiden resource for the Ban Phuc disseminated sulphide target in the third quarter of this year,
Exploration of both the disseminated and massive sulphide vein targets [Continuing drilling 2 rigs + 2 on standby]
Blackstone is also well advanced with its scoping study for the downstream processing facility at Ta Khoa.
Metallurgical testing is underway and a process flowsheet is being developed to generate a suitable nickel-cobalt product for the lithium-ion battery market.
The company’s scoping study is also scheduled for delivery in the third quarter of 2020.
Q3 DRILLING ACTIVITY
Rig No.1 continuing on King Cobra drilling out still open
Blackstone’s No.2 rig is now onsite at Ban Chang undertaking systematic drill testing of this interesting new blue sky target. Recently success by Blackstone’s field crew is the 1,000 metre long ‘Ban Chang’ target.
Other MSV Hit-list targets in no particular order: King Snake, Ban Khoa, Ban Khang, Suoi Phang and Ban Mong, all of which have returned high-grade nickel mineralisation from surface sampling and trenching.
All are ear-marked for testing with both electromagnetic surveys and drilling in the coming months.
Need some serious re rating after all this activity, can't be still under the radar! MC $38m
BSX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
