Black Canyon (ASX: $BCA) Wandanya High-Grade Manganese Drill Program Update

Australian manganese explorer and developer, Black Canyon Limited (ASX: $BCA), has announced plans for a high-grade manganese drill program at the Wandanya prospect. The program aims to follow up on high-grade rock chip samples, with assays of 58.5%, 57.9%, 57.8%, and 53.3% Mn, spaced 80-100m apart. The main body of mineralization at the Wandanya - W2 prospect is approximately 300m long and 150m wide, with a northern extension of about 1,750m. The drilling is scheduled to commence in the next quarter after the completion of a Heritage Survey in late June. This marks the first drilling on the targets at Wandanya. Additionally, the scoping study over the KR1 and KR2 deposits within the Balfour Manganese Field is well advanced, with results expected by the end of the quarter.

Executive Commentary on Wandanya High-Grade Manganese Drill Program

The Managing Director of Black Canyon, Brendan Cummins, expressed enthusiasm about the potential of the W2 prospect at Wandanya, stating, 'The W2 prospect at Wandanya represents a promising target for higher-grade manganese mineralization, potentially linked to a structurally controlled hydrothermal system. We are eager to evaluate the potential dimensions of the surface mineralization and determine how the grade profile trends at depth. The Company has a strong track record of exploration discovery which we aim to continue at Wandanya.'

Summary of Wandanya High-Grade Manganese Drill Program Update

Black Canyon (ASX: $BCA) is set to commence a high-grade manganese drill program at the Wandanya prospect following promising high-grade rock chip samples. The company's Managing Director, Brendan Cummins, highlighted the potential of the W2 prospect, emphasizing the focus on evaluating the surface mineralization and determining the grade profile at depth. The scoping study over the KR1 and KR2 deposits within the Balfour Manganese Field is progressing positively, targeting increased processing throughput and reduced logistics pathway to lower operating costs. The company aims to ensure future operations are viable during a low pricing cycle while being well-positioned to benefit from price surges. The recent spike in manganese pricing has increased interest in Black Canyon's projects across the Balfour Manganese Field, reflecting the intrinsic value of the large potential long-minelife assets discovered and developed by the company.