Blackstone Minerals has successfully completed the spin-out of its non-core assets, birthing Codrus Minerals which was admitted to the Australian Securities Exchange this week. Codrus' initial public offering was built on Blackstone's suite of Australian and US gold projects, with the company receiving 35 million shares as part of the listing and leaving the Vietnam-focused nickel developer with a 46 per cent holding in the new entity.
ASX-listed Blackstone Minerals has launched a “green” hydrogen study as it continues to look at ways of developing a zero-carbon mining and downstream processing operation at its flagship Ta Khoa nickel-copper-PGE project in Vietnam. In relation to the proposed downstream processing plant, the company intends assessing oxygen production via the electrolysis of water that it says generates green hydrogen as a by-product.
ASX-listed Blackstone Minerals says results from resource extension drilling at its high-priority King Snake sulphide nickel-copper-PGE target at the Ta Khoa multi-metal project in north Vietnam have continued to enlarge its footprint ahead of down-hole geophysics that will help guide infill drilling. Latest assays include a solid 2.62m at 1.54 per cent nickel, 2.01 per cent copper plus 5.16g/t PGE and cobalt.
Blackstone Minerals has served up high recovery rates from hydrometallurgical testwork on platinum group elements from its Ta Khao project in Vietnam. The stellar returns going 94 per cent palladium, 80 per cent platinum and 81 per cent rhodium appear to boost the company's plans to achieve by-product credits and reduce costs of supplying nickel-cobalt-manganese to lithium-ion battery markets.
Blackstone Minerals continues to return high-grade nickel intercepts from its Ta Khoa project in north Vietnam. The company is drilling out a nest of new sulphide discoveries across the nickel-copper-rich terrane, with exploration at the new Taipan Zone intersecting an impressive 20.4 metres at 1.35 per cent nickel and 0.8 per cent copper from only 27m down-hole.
Our board moves wrap includes Stephen Buckley, Alison Gaines, Peter Plakidis, Bianca Taveira, Tim Allison, Keith Smith, Nick Castleden, Karen Logan, Jessamyn Lyons, and Colin Noid.
Blackstone Minerals is looking to fast-track its development program in Vietnam, establishing separate business units to handle critical components of the evolving pre-feasibility study over the Ta Khoa nickel project. The company's recent work program has focused on drilling out a wealth of nickel sulphide resources across the project, however Blackstone is now shifting the spotlight back onto a potential move into a production.
Blackstone Minerals looks to be defining a pair of new, massive sulphide deposits in northern Vietnam, with drilling at both its King Snake and Ban Chang nickel discoveries hitting good numbers. First-pass drill programs over the prospect areas have thrown up a grab bag of solid nickel-copper hits that the company will look to build into its growing resource inventory over the coming months.
Blackstone Minerals has discovered new nickel sulphide mineralisation in the previously untested Taipan Discovery Zone within the Ta Cuong nickel-PGE-copper-cobalt massive sulphide vein prospect. Ta Cuong sits about 6km northwest of Blackstone's dormant but modern Ban Phuc nickel mine and processing centre in Vietnam. The first diamond hole to test Taipan hit 39.7m of continuous fresh sulphides, including some massive sulphides after 15.5m downhole.
Blackstone Minerals continues to strike nickel sulphides at the company's King Snake discovery in Vietnam, with diamond drilling intersecting 19.55 metres of disseminated to massive sulphide mineralisation within the emerging high-grade vein system. This latest interval follows up on a raft of new intercepts from two electromagnetic targets identified below the high-grade discovery, with the sulphide lode appearing to thicken at depth.
Australian-based Blackstone Minerals has graduated to the US-based OTCQX Best Market, the highest market tier of OTC Markets, on the back of its progress in developing a significant “green” nickel business in Asia. The company is currently developing the Ta Khoa nickel sulphide project in northern Vietnam, with recent results from its King Snake discovery continuing to showcase the project.
Blackstone has hit massive sulphide vein mineralisation in multiple drill holes at its King Snake nickel prospect in Vietnam while vectoring in on several high-priority electromagnetic targets, or EM plates, across the company's developing Ta Khoa Nickel project in Vietnam. Blackstone's KS20-02 diamond core drill hole tagged 9.4 metres of sulphide mineralisation, including 1.18m of a massive sulphide vein.
ASX-listed Vietnam base metals player, Blackstone Minerals has taken a significant initial step in its quest to produce downstream nickel, receiving a non-binding letter of interest from global commodity trading giant, Trafigura. Perth-based Blackstone hopes to upscale its proposed downstream refining operation and become a significant global supplier of downstream nickel products for the lithium-ion battery industry.
Aspiring nickel developer, Blackstone Minerals is set to spin out its Australian and US gold assets as it continues to focus the development on its Ta Khoa nickel sulphide operations in Vietnam. The company has flagged the listing of a new vehicle on the Australian Securities Exchange, based on a package of gold assets in the coveted goldfields of Western Australia.
Blackstone Minerals is planning to demerge its three WA gold projects into a new ASX-listed business, which will seek to raise at least $5 million before June 30.
Today's board moves wrap includes Peter Plakidis, Steve Parsons, Bruce Robertson, Paul Kiley, Adam Place, Bruce Kay, Trevor Ireland, Susan Field, and Bob Vassie.
Blackstone Minerals has racked up some of its longest nickel sulphide intersections to date across the King Cobra discovery zone at its Ban Phuc disseminated sulphide deposit in Vietnam. Infill and extension drilling included one drill hole that produced a 127.6m intersection going 1.17 per cent nickel, 0.22 per cent copper, 0.02 per cent cobalt and 0.24 g/t PGE.
On the back of a recent $17.8m raising which welcomed new overseas institutions to the register, ASX-listed Blackstone Minerals has listed its stock on the USA-based OTCQB market. After tabling healthy scoping study numbers for its flagship Ta Khoa nickel-copper-PGMs project west of Hanoi in Vietnam, Blackstone is looking to bolster investor support from both North American individuals and institutions.
ASX-listed Blackstone Minerals has whipped out yet another high-priority prospect from a seemingly endless production line of brownfields exploration targets at its historic Ta Khoa nickel-copper-PGMs project about 160km west of Hanoi in Vietnam. The company says its internal geophysics work came up trumps again identifying the new King Snake prospect, located just 1.5km north-east of its flagship Ban Phuc disseminated sulphide deposit.
Blackstone Minerals' aggressive drilling campaign continues across its Ta Khoa nickel-PGE project in northern Vietnam. The company has launched into diamond drilling at Ban Khoa, 1.5km north of its Ban Phuc operation, as it chases down new sulphide targets lit up by its geophysical team. Drilling also continues at King Cobra and Ban Chang in the wake of the company's recently tabled scoping study.
Blackstone Minerals has moved quickly to put a mine-to-market management group in place to develop its Ta Khoa nickel-copper-PGE project in Vietnam. The appointments come just a fortnight after the company tabled a scoping study with a tantalising set of numbers including a A$1 billion present-day valuation and net pre-tax cash flows in excess of US$1.2 billion over the projected 8.5-year life of mine.
Blackstone Minerals has unveiled its much-anticipated scoping study for the Ta Khoa nickel project in Vietnam, delivering a tantalising set of numbers headlined by a AU$1 billion present-day valuation and net pre-tax cash flows in excess of US$1.2 billion over the projected 8.5-year life of mine. The financials clearly support the case for a revival of its mothballed nickel operation in Vietnam.
ASX-listed Vietnam base metals hopeful, Blackstone Minerals, has fired up the drill bit again at its next nickel sulphide prospect at the historic Ta Khoa nickel-copper-PGMs project, 160km west of Hanoi, as part of its aggressive exploration drive through a treasure chest of massive sulphide vein targets.
Blackstone Minerals has continued its successful delineation of the Ban Chang sulphide discovery with ongoing drilling intersecting broad zones of nickel mineralisation. The company's maiden drilling program across the prospect has outlined nickel mineralisation over more than 1.2km of strike with latest results including 9.60m at 0.84 per cent nickel and 14.65m at 0.74 per cent nickel.
Blackstone has charmed yet another nickel discovery out of the jungle in Vietnam, with geophysics lighting up the Viper Discovery Zone, just 200 metres east of the current exploration focus, the Ban Chang prospect. The company's exploration and development program over the Ta Khoa nickel-copper project continues to gain pace with both a maiden resource and scoping study on the horizon.
ASX-listed base metals developer, Blackstone Minerals, has further strengthened its drilling and geophysics armoury on the ground in Vietnam as it ramps up exploration at its 90 per cent-owned historic Ta Khoa nickel-copper-PGM project 160km west of Hanoi. The company has added a second geophysics crew and three drill rigs to its fleet, effectively doubling its exploration capacity.
Blackstone Minerals has continued its seemingly unstoppable run of success in Vietnam with all four drill holes from the company's maiden drilling program at Ban Chang intersecting high-grade massive nickel sulphides over more than 1,200 metres of strike. Infill drilling at the prospect is now being planned to delineate addition resources for the company's developing resource inventory and Blackstone's move into production.
Blackstone Minerals looks to have awakened a sleeping giant in Vietnam, after posting a massive, 47-metre-wide, 1.04 per cent nickel hit at the King Cobra prospect within its Ta Khoa project. A maiden resource for the Ban Phuc and King Cobra deposits are due in the third quarter of 2020 and will be highly anticipated by the market given the significant successes Blackstone's latest drilling campaign has experienced.
ASX-listed base metals hopeful, Blackstone Minerals, continues to put runs on the board in northern Vietnam as its company-owned drill rigs continue their run of success at the Ban Chang deposit within the Ta Khoa nickel-copper-PGM project with more lucrative looking sulphide nickel mineralisation presenting in the samples. Blackstone is chasing massive sulphide veins similar to its nearby Ban Phuc deposit, where previous owners produced 20,700t of nickel, 10,100t of copper and 67,000t of cobalt between 2013 and 2016.
Seeking to complete a trifecta of polymetallic exploration successes in Vietnam, Blackstone Minerals has turned its sights to the Ta Cuong prospect. The company hopes its strategy of geophysical targeting may reveal a third lucrative deposit to add to its coffers already brimming with the spoils uncovered at the nearby King Cobra and Ban Chang prospects.
Our weekly appointments wrap includes Sophie Davison, Michael Hillgrove, Katt Osborne, Hayley Cormann, Nik Killis, Alex Ogg, Bradley Farrell, Gary Gray, Rowan Tracey, Patrick Chang, Geoffrey Greenberg, Luke Harris and Trinh Phan.
ASX-listed base metals hopeful, Blackstone Minerals, has purchased another diamond drill rig to accelerate its exploration at the emerging Ban Chang nickel prospect where it is looking to take the closed down Ta Khoa processing plant out of mothballs. The third rig in the company's armoury will pepper Ban Chang with new holes after its first round of drilling there encountered sulphide nickel mineralisation.
Blackstone Minerals' Ban Chang prospect has delivered another set of impressive numbers with a nearly 10 metre long drill intersection going 1.45 per cent nickel, 0.9 per cent copper, 0.08 per cent cobalt and 0.7 grams per tonne platinum, palladium plus gold, from 57m down hole. The new result is from a step-out hole at the company's Ta Khoa nickel-copper-PGM project in Vietnam that was drilled over one kilometre away from Blackstone's maiden hole at Ban Chang.
Blackstone Minerals has upped the ante at its Ban Chang prospect in Vietnam with drilling intersecting 15.4 m of nickel sulphide mineralisation. The intercept extends the strike length of the target to over 1,200 metres and hints at the potential of the nickel system at depth. Exploration will continue throughout the region with results expected to flow from the ongoing drilling campaign soon.
Blackstone Minerals has hit a new massive sulphide zone at the Ban Chang West prospect at its Ta Khoa nickel-copper-PGM project in Vietnam with its maiden diamond drilling returning 5m intersection grading 0.66% nickel from 58m down hole. The zone includes just over one metre going an impressive 2.98% nickel, 1.22% copper, 0.18% cobalt and 3.43g/t PGM.
ASX-listed Blackstone Minerals has now threaded three drill holes into a lucrative looking EM target at its Ban Chang prospect at its Ta Khoa nickel-PGE project in Vietnam, extending the known massive sulphide mineralisation to an impressive 1 km in strike length. The latest drill hole intersected a healthy 4.6 m of massive and semi-massive sulphide veins within a 9 m sulphide interval.
Blackstone Minerals has vectored in on a new massive sulphide nickel vein at its Ban Chang prospect in Vietnam with two separate drill holes intersecting the vein 200m apart within metres of where its EM plate modelling says it should be. One hole intersected 1.05m of massive sulphides from 58.5m whilst the second hole hit 1.2m of massive sulphides from 87m down hole.
Blackstone Minerals' King Cobra nickel discovery at its Ta Khoa nickel-PGM project in Vietnam looks to have plenty of bite left in it yet after the Perth based ASX-listed company nailed a near 38m intersection going 1.12 per cent nickel right from the surface. Whilst the platinum group element results are still to come, the nickel results are looking lucrative.
