Blackstone Minerals Limited announced that drilling at the King Cobra discovery has intersected 60m @ 1.3% Nickel from 32m at the Ta Khoa Nickel Project in Northern Vietnam. The King Cobra discovery is a new, near surface, high grade zone of nickel sulfide bearing semi-massive sulfide veins (SMSV) at the Ta Khoa Nickel Project. The King Cobra discovery includes the first-ever intersection of massive sulfide vein and breccia styles of sulfide mineralisation within the Ban Phuc intrusion and may provide vectors towards the high grade `feeder zone' mineralisation. Since announcing the option agreement in May 2019, Blackstone has made significant progress at the Ta Khoa Nickel-PGE Project, drilling over 9,000m of diamond core in more than 47 holes into the Ban Phuc DSS deposit and King Cobra discovery zone. Blackstone is well advanced with an initial scoping study evaluating mining and processing options, including potential in-country downstream processing to deliver high value nickel sulfate into Asia's rapidly expanding electric vehicle (EV) industry. The recently announced MOU with Asia's largest and the world's second largest, EV battery cathode manufacturer, Ecopro BM Co Limited represents a significant step toward making this a reality. Initial geological modelling of Blackstone's drilling, combined with over 60,000m in 381 holes drilled by the previous owners of the project, is starting to reveal the potential extents of the Ban Phuc DSS Nickel - PGE deposit. Currently the disseminated mineralisation has been encountered in drill holes over 1,000m by 500m in area and remains open along strike to the north west and south east and down dip to the north east. The ultimate geometry of the disseminated Nickel - PGE layers in the deposit are yet to be fully defined by drilling, however the following preliminary observations and interpretations are being used to guide further exploration of the deposit.