What's Happening?
Black Canyon, an Australian mining company, has announced record manganese grades from its Wandanya Project in Western Australia's Oakover Basin. The company reported multiple drill holes with manganese grades exceeding 35%, with significant intersections including 7 meters at 37.7% manganese from the surface. These results are part of the company's phase-three drilling program, which confirmed thick, shallow, and continuous mineralization across a 3-kilometer strike. The project also showed high iron content, with intervals reaching up to 61.3% iron.
Why It's Important?
The discovery of high-grade manganese at the Wandanya Project is crucial for Black Canyon as it reinforces the project's potential scale and quality. Manganese is a critical component in steel production and battery technology, making these findings significant for the mining industry and related sectors. The high success rate of the drilling program suggests a promising future for the project, potentially leading to increased production and economic benefits for the company and the region.
What's Next?
Black Canyon plans to begin a diamond-drilling campaign to collect metallurgical samples later this quarter. The company expects to receive assays from the remaining 92 holes by early November 2025, which will further define the high-grade manganese and iron zones. These developments could lead to expanded mining operations and increased output, positioning Black Canyon as a key player in the manganese market.
