Black Canyon (ASX:BCA) started reverse circulation drilling at the Wandanya project in Western Australia to follow up on manganese and iron assays from previous drilling, according to a Monday filing with the Australian bourse.
The company received a AU$122,500 co-funded grant from the Western Australia Government under the exploration incentive scheme to fund its ongoing drilling in manganese and iron discoveries at the project, the filing said.
Assay results are expected in July and August, per the filing.
Shares fell past 4% in afternoon trade Monday.
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