Blackstone Minerals Limited (ASX:BSX) Research Notes issued by RM Research on a High Grade Co-Au-Cu acquisition in British Columbia

Key Points From the Research Note:

- BSX are holding their General Meeting to approve the acquisition of Cobalt One this morning.

- Rock chip sampling as part of the due diligence program at Little Gem Mine has confirmed the occurrence of high grade cobalt-copper-gold mineralisation that was the focus of previous underground mining activity in the 1930's.

- The Project covers approximately 195km2 and is situated near Whistler in British Columbia.

- Little Gem represents a walk up start for a junior with existing headings on high-grade cobalt-gold-copper mineralisation. The business strategy is to outline a JORC Indicated resource and produce a high-grade concentrate suitable for toll treatment/mine gate sale.

- Rock chip sample SOLG019A from the Roxey Prospect (ASX Announcement 6/9/2017) situated 1.5km along strike from Little Gem, returned up to 24g/t gold and 1.94% copper from outcropping iron stained quartz-pyrite altered diorites.

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About Blackstone Minerals Ltd

Blackstone Minerals Ltd (ASX:BSX) has a tight capital structure, a well credentialed management team and strong portfolio of Western Australian gold focussed exploration projects.



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Link: RM Research - Blackstone Minerals Limited - High Grade Co-Au-Cu acquisition in British Columbia

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Blackstone Minerals Ltd

Related Industry Topics:
Mining Gold Cobalt