Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Blackstone Minerals' King Snake hits are some of the highest tenor massive sulphide intersections to date

% of readers think this story is Fact. Add your two cents.

Blackstone Minerals Ltd (ASX:BSX) (OTCMKTS:BLSTF) (FRA:B9S) has received several batches of assay results, including from maiden drill holes, at King Snake prospect in Vietnam that confirm high-grade massive sulphide nickel-copper-platinum group elements (PGE) mineralisation.

King Snake, a massive sulphide vein (MSV) prospect, has strong and growing potential to add to the company’s mining inventory and support restarting the existing 450,000 tonnes per annum concentrator at Ta Khoa Nickel-PGE Project in Vietnam’s north.

This MSV prospect is around 1.5 kilometres east of the processing facility at Ta Khoa and is one of a number of regional targets.

High-grade results

The first two drill holes at King Snake returned:

  • 0.6 metres at 2.79% nickel, 3.81% copper, 0.10% cobalt and 4.85 g/t PGE from 193.05 metres; and
  • 5.88 metres at 1.22% nickel, 0.49% copper, 0.04% cobalt and 4.67 g/t PGE from 131.74 metres, including 1.81 metres at 0.77%, 0.44%, 0.03% and 12.53 g/t from 131.74 metres and 1.18 metres at 3.72%, 0.84%, 0.12% and 2.41 g/t from 135.47 metres.

“Some of highest tenor” results to date 

Managing director Scott Williamson said: “The first results from King Snake represent some of highest tenor massive sulphide intersections that Blackstone has achieved to date.

“This new discovery remains open and we are dedicating resources to ensure that we test the full extent of mineralisation at King Snake and build a mining inventory to be included as part of ongoing studies.”

Additional assay results for the Ban Chang MSV prospect have also been received.

Ban Chang is around 2.5 kilometres southeast of the processing facility and the Ban Phuc deposit adjacent to the Chim Van-Co Muong fault system.

High-grade Ban Chang results

The results will underpin Blackstone’s strategy to delineate a maiden resource in the first half of 2021 to supplement ongoing studies.

Substantial intersections include:

  • 1.92 metres at 1.03% nickel, 0.60% copper, 0.06% cobalt and 0.44 g/t PGE from 66.65 metres, including 0.91 metres at 1.99%, 0.92%, 0.12% and 0.84 g/t from 66.65 metres;
  • 7.10 metres at 0.66% nickel, 0.45% copper, 0.06% cobalt and 0.18 g/t PGE from 56 metres, including 0.85 metres at 1.91%, 0.60%, 0.13% and 0.29 g/t from 58.45 metres; and
  • 5.40 metres at 0.60% nickel, 0.47% copper, 0.05% cobalt and 0.20 g/t PGE from 89.20 metres, including 22.2 metres at 0.92%, 0.53%, 0.08% and 0.24 g/t from 91.38 metres.

With resource estimation underway at Ban Chang, King Snake has become the company’s highest priority MSV exploration target.

Multiple drill rigs are currently on-site and will continue to test the extent of the mineralisation.

Drilling at Ban Phuc is in its final stages and it is expected that the market will be provided with an updated mineral resource estimate late in the first halt of 2021.

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.