Black Canyon Limited announced an update on exploration activities and an additional HPMSM study with the objectives of establishing further mineralisation potential and a clearer understanding of the variability and amenability to HPMSM downstream processing from across the Companies tenement portfolio. Tenement E46/1396 (BCA100%) surrounds mining lease application M46/527 which is owned by Pilbara Manganese Pty Ltd. (a subsidiary of Consolidated Minerals Ltd) that hosts a published historic non-JORC Mineral Resource 21.6Mt @ 19.3 % Mn. Mineralisation at the Balfour South deposit occurs as primary manganiferous shales with supergene enrichment of the shales occurring near surface.

Black Canyon has assessed the strike extents of the Balfour South deposit to the west and east of the mining lease where the prospective manganese enriched-shale horizon is interpreted to trend under thin cover. Approximately 1500m of strike extent is interpreted under cover to the west, whilst to the southeast several kilometres of potential strike has been interpreted based on intermittently outcropping manganese mineralisation and extrapolation to the adjacent stratigraphy. During the mapping phase Black Canyon gathered a number of surface rock chip samples with all of the results displayed in Table 1. The elevated manganese grades at surface are typical and related to the supergene enrichment process similar to those observed at Flanagan Bore.

There has been no historic drilling completed on this target so the Company has prioritised it for a first pass drill program to confirm grade and depth of mineralisation.