Blackstone Minerals Limited announces that it has received several batches of assay results, including some of the maiden drill holes completed at King Snake. King Snake has excellent potential to add to the Company's Massive Sulfide Vein mining inventory and supports the restart of the existing 450ktpa concentrator. The first two drill holes at King Snake returned the following intercepts. KS20-01A 0.60m @ 2.79% Ni, 3.81% Cu, 0.10% Co & 4.85g/t PGE1 from 193.05m; KS20-02 5.88m @ 1.22% Ni, 0.49% Cu, 0.04% Co & 4.67g/t PGE1 from 131.74m, incl. 1.81m @ 0.77% Ni, 0.44% Cu, 0.03% Co & 12.53g/t PGE1 from 131.74m, 1.18m @ 3.72% Ni, 0.84% Cu, 0.12% Co & 2.41g/t PGE1 from 135.47m. The ongoing exploration campaign at the King Snake prospect continues to intersect MSV mineralization. Additional assay results for the Ban Chang MSV prospect have also been received. The current reporting for Ban Chang captures the majority of assays that were outstanding for drilling completed in calendar year 2020. The results will underpin the Company's strategy to delineate a maiden resource in the first half of calendar year 2021 to supplement ongoing studies. BC20-34 1.92m @ 1.03% Ni, 0.60% Cu, 0.06% Co & 0.44g/t PGE1 from 66.65m, incl. 0.91m @ 1.99% Ni, 0.92% Cu, 0.12% Co & 0.84g/t PGE1 from 66.65m; BC20-36 7.10m @ 0.66% Ni, 0.45% Cu, 0.06% Co & 0.18g/t PGE1 from 56.00m, incl. 0.85m @ 1.91% Ni, 0.60% Cu, 0.13% Co & 0.29g/t PGE1 from 58.45m; BC20-38 5.40m @ 0.60% Ni, 0.47% Cu, 0.05% Co & 0.20g/t PGE1 from 89.20m, incl. 2.22m @ 0.92% Ni, 0.53% Cu, 0.08% Co & 0.24g/t PGE1 from 91.38m; BC 20-39 3.07m @ 1.39% Ni, 0.79% Cu, 0.08% Co & 0.78g/t PGE1 from 63.80m, BC 20-44 4.72m @ 1.78% Ni, 0.83% Cu, 0.08% Co & 1.14/t PGE1 from 87.70m, incl. 0.35m @ 2.57% Ni, 0.32% Cu, 0.12% Co & 1.03/t PGE1 from 88.30m, 0.89m @ 3.72% Ni, 0.73% Cu, 0.18% Co & 1.78g/t PGE1 from 89.26m. King Snake is a MSV prospect, located 1.5km north-east of the processing facility At King Snake, MSV and high-grade brecciated Ni-Cu-Co-PGE) sulfides and gossans are associated with tremolite-altered mafic-ultramafic rocks. Results from Blackstone's maiden program at King Snake together with historic drill results have defined a strike length of over 800m at King Snake which includes MSV, semi-massive sulfide vein and disseminated sulfides. The company's drilling at King Snake is focusing on new Electro-magnetic targets which extend down plunge to the west of historic drilling. Initial assay results from current reporting and visual inspection suggest greater thickness of sulfide mineralisation down plunge of historic drilling. With resource estimation currently 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. Ban Chang is located 2.5km south-east of the existing processing facility and the Ban Phuc deposit adjacent to the Chim Van Co Muong fault system. The prospect geology consists of a tremolitic dyke swarm within phyllites, sericite schists and quartzites of the Devonian Ban Cai Formation. The known mineralization style is mainly veins and lenses of massive sulfide as well as DSS hosted within tremolite dykes. The dyke swarm is approximately 900m long and varies between 5m and 60m wide. The dykes and massive sulfide are interpreted to be hosted within a splay off the major regional Chim Van ­ Co Muong fault system. Drilling at Ban Chang has identified multiple massive sulfide lenses concentrated particularly to the west, which are often associated with broader disseminated sulfide zones. This style of mineralisation potentially lends itself to a mechanised underground mining scenario and studies are currently underway for preliminary determination of suitable mining methods. Visual inspection of more recent drilling at Ban Chang has confirmed multiple further occurrences of massive sulfide mineralisation. The company has received assay results for maiden drill holes at Ta Cuong, which were completed in the 2020 calendar year. The Company recently announced the intersection of significant sulfide mineralisation in a previously untested area within the Ta Cuong prospect, the Taipan Discovery Zone. The discovery hole TC21-03 is currently being followed up with further drilling. Whilst aggressively exploring for high-grade MSV opportunities, the Company has continued to perform infill drilling on the Ban Phuc DSS orebody. 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 H1-2021.