Black Canyon (ASX:BCA) has announced significant high-grade assay results from its Wandanya Project in Western Australia. The findings indicate a potential high-grade iron deposit, with iron assays suitable for Direct Shipping Ore. Manganese assays also showed high-grade results, affirming prior findings.
Black Canyon (ASX:BCA) has unveiled promising assay results from its Wandanya Project, indicating a potential high-grade iron and manganese deposit. With iron grades between 55.6% and 64.3% Fe, and manganese reaching up to 60.9% Mn, the project shows strong potential for Direct Shipping Ore operations. The site's low content of deleterious elements enhances its quality. Looking ahead, Black Canyon plans further exploration and drilling in early 2025 to assess the mineral resource potential and explore low capital development options. The project offers an opportunity for the company to expand its resource base and possibly establish a straightforward mining operation.
The remarkable nature of the discovery and its potential for further exploration make it an attractive development opportunity.