Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Blackstone Minerals identifies new nickel sulphide targets at Ta Khoa Nickel Project

Proactive Investors Monday, 19 August 2019
Blackstone Minerals Ltd (ASX:BSX) has identified nickel sulphide targets in a maiden induced polarisation (IP) survey at the Ta Khoa Nickel Project in northern Vietnam. The survey has indicated a strong correlation exists between high chargeability and high-grade disseminated sulphide (DSS) and massive sulphide vein (MSV) mineralisation. Blackstone is the first company to undertake an IP survey at Ta Khoa with the geological method having successfully defined existing and potential further high-grade zones within both MSV and DSS prospects. “Extensive system of magmatic nickel-copper-cobalt sulphides” Blackstone Mineral’s managing director Scott Williamson said: “Our maiden results from the first ever IP survey at Ta Khoa suggest we have an extensive system of magmatic nickel-copper-cobalt sulphides. “We look forward to continuing our shallow drilling and commencing the deeper drilling of the new targets with a second drill rig mobilising over the coming weeks.” The latest IP results follows the company’s recent drilling success which delivered the following initial substantial nickel sulphide intersections: Substantial potential exists to delineate further high-grade mineralisation throughout the Ta Khoa Nickel Project initially within a 5-kilometre radius of the existing processing facility. Ta Khoa has existing modern infrastructure built to Australian standards including a 450,000 tonnes per annum concentrator located within a premier nickel sulphide district. Blackstone continues to investigate the potential to develop downstream processing infrastructure in Vietnam to produce a downstream nickel and cobalt product to supply Asia’s growing lithium-ion battery industry. Working towards a maiden resource Previous project owners focused mining activities primarily on the MSV at Ban Phuc, while Blackstone will now look to explore both MSV and DSS targets throughout the entire project. The company will also conduct further geophysics on the MSV and DSS deposits and continue the drilling campaign. Blackstone aims to deliver a maiden resource on the DSS at Phan Phuc over the coming months and investigate the potential to restart the Ban Phuc concentrator through focused exploration.

You Might Like

Recent related videos from verified sources

Spring Crochet Project | Triangle Scarf | Bobbel Cotton Xtra from Woolly Hugs [Video]Spring Crochet Project | Triangle Scarf | Bobbel Cotton Xtra from Woolly Hugs

Spring Crochet Project | Triangle Scarf | Bobbel Cotton Xtra from Woolly HugsCrochet Hooks; * to our channel for free if you love DIY! you push..

Credit: Rocket Creators GmbH     Duration: 11:04Published

Director Breaks Down the Scariest Blair Witch Project Moments [Video]Director Breaks Down the Scariest Blair Witch Project Moments

These are the scariest moments from 1999's The Blair Witch Project. Widely regarded as one of the most innovative and frightening horror movies ever made, this pioneer of found-footage horror certainly..

Credit: WatchMojo     Duration: 10:53Published

Recent related news from verified sources

Blackstone Minerals secures $4.5 million to advance Ta Khoa Nickel Project in Vietnam

Blackstone Minerals Ltd (ASX:BSX) has received firm commitments from sophisticated, professional and institutional investors to raise up to $4.5 million through...
Proactive Investors

Kingwest Resources completes acquisition of Menzies Gold Project

Kingwest Resources Ltd (ASX:KWR) has completed the acquisition of a 100% interest in the Menzies Gold Project in Western Australia from Horizon Minerals Ltd...
Proactive Investors

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.