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Black Canyon’s KR2 Drilling Boosts Resource Confidence and Project Outlook
8:41am on Tuesday 4th of February, 2025 AEDT
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Mining
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Black Canyon’s KR2 Drilling Boosts Resource Confidence and Project Outlook
8:41am on Tuesday 4th of February, 2025 AEDT
Key Points
Infill RC drilling at KR2 returns multiple thick manganese-enriched shale intercepts
Potential upgrade of KR2 Mineral Resource from 24Mt Inferred at 11.9% Mn to higher confidence Indicated category
KR2 resource upgrade could accelerate mining schedule and enhance cash flow in updated Scoping Study
KR2 mineralisation remains open to the north-west with significant strike and width
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