Blackstone Minerals Limited announced its maiden drill hole BC20-02 at Ban Chang has delineated a 200m long zone of high- grade Nickel-Copper-PGE with the following high-grade results: BC20-02- 4.1m @ 0.92% Ni, 0.69% Cu, 0.05% Co & 0.26g/t PGE 1 from 85.9m or 2.3m @ 1.6% Ni, 1.09% Cu, 0.09% Co & 0.43g/t PGE from 85.9m. Incl. - 1.8m @ 2.01% Ni, 1.27% Cu, 0.12% Co & 0.53g/t PGE from 86.4m. 1 Platinum (Pt) + Palladium (Pd) + Gold (Au). Blackstone's four maiden drill holes at Ban Chang have all intersected massive sulfide nickel over a 1.2km strike within a 1.2km long massive sulfide target zone defined by high priority electromagnetic (EM) plates (refer to Figure 1); Assays are pending for drill hole BC20-04, which intersected 15.4m of sulfide vein mineralisation; Blackstone is targeting massive sulfide vein (MSV) prospects analogous to the Ban Phuc MSV, where previous owners successfully mined 975kt of high-grade ore at average grades of 2.4% Ni & 1.0% Cu from an average vein width of 1.3m for 3.5 years between 2013 and 2016, producing 20.7kt Ni, 10.1kt Cu and 0.67kt Co; A recently purchased third drill rig will follow the geophysics crew throughout the Ta Khoa nickel sulfide district, testing high priority EM targets generated from 25 MSV prospects including King Snake, Ban Khoa, Ban Chang, and Ta Cuong; Drilling continues with Blackstone's largest drill rig testing the King Cobra Discovery zone (KCZ) and Blackstone's two smaller drill rigs at Ban Chang East and Ban Chang West; With its third diamond drill rig, the Company has an "all-in" diamond drilling cost of $50/m at Ta Khoa, a ~60% reduction in drilling costs relative to Australian industry averages; 2 Industry average refers to quoted rates received in Australia for equivalent diamond drilling Blackstone's Scoping Study on downstream processing to produce nickel sulfate for the lithium- ion battery industry and Ban Phuc maiden resource are on track for completion in third quarter, 2020.