Black Canyon Says Drilling at Western Australia Project Confirms High-Grade Manganese, Iron Mineralization; Shares Fall 5%

MT Newswires Live

Oct 28, 2025

Black Canyon (ASX:BCA) said assays from phase three reverse circulation drilling at the Wandanya project in Western Australia confirmed thick, shallow high-grade manganese and iron mineralization, according to a Tuesday Australian bourse filing.

Drilling hit intercepts of 10 meters at about 29% grade of manganese from one meter, as well as 16 meters at over 58% grade of iron from two meters, the filing said. Drilling delineated manganese mineralization along 3 kilometers of strike as well as outcropping to shallow iron mineralization over a kilometer of strike.

A diamond drilling program to obtain core samples for metallurgical test work is planned to start at the project in early November, per the filing.

The firm's shares fell over 5% in recent trading on Tuesday.

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Drilling delineated manganese mineralization along 3 kilometers of strike as well as outcropping to shallow iron mineralization over a kilometer of strike.A diamond drilling program to obtain core samples for metallurgical test work is planned to start at the project in early November, per the filing.The firm's shares fell over 5% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}