Latest Black Canyon (ASX:BCA) News

Black Canyon Limited has delivered robust metallurgical results confirming high-quality direct shipping ore (DSO) potential for manganese and iron at its Wandanya Project, alongside commencing a major 15,000m drilling campaign to define and expand resources.

Black Canyon has kicked off a substantial 15,000m RC drilling campaign at its Wandanya Project, aiming to define and grow its high-grade manganese and iron resource with first assays due in May 2026.

Black Canyon Limited has reported encouraging beneficiation testwork results from its Wandanya manganese project, achieving manganese oxide concentrate grades exceeding 40% using simple density-based methods. The company has also commenced a 15,000m drilling program alongside environmental surveys, progressing the project towards scoping-level economic evaluation.

A brutal split opened up in small caps: a few stocks surged on hard approvals and funding, while many resource names slid even after announcing big numbers. The week’s tape looked simple: investors paid for certainty and sold anything that still needs time, permits, or more cash.

A brutal sell-off in a few small caps did most of the damage this week, even as project funding and resource upgrades kept rolling in. Lithium, rare earths and tungsten news stayed constructive, but traders punished anything that looked like delays, dilution or weaker prices.

Black Canyon Limited reports promising metallurgical results from its Wandanya Project, confirming high-quality direct shipping ore potential for manganese and iron. The company is gearing up for a significant 15,000m drilling campaign to expand and infill its resource.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Black Canyon Limited (ASX, BCA) has unveiled promising exploration results and positive scoping studies for its manganese and iron projects in Western Australia, positioning itself as a key emerging developer in the sector.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Black Canyon Limited’s December quarter report reveals robust drilling results at its Wandanya manganese and iron project, alongside a significant resource classification upgrade and strategic tenement acquisitions expanding its footprint in Western Australia.

Black Canyon Limited confirms high-grade manganese and iron mineralisation extending 1.8km south of its Wandanya discovery, bolstering the project's scale and potential ahead of planned drilling in 2026.

Black Canyon Limited has launched a diamond core drilling program at its Wandanya Project to deepen metallurgical understanding of its manganese and iron deposits, aiming to refine processing and product quality ahead of development.