Blackstone Minerals: The Rebirth of a Nickel Project in Vietnam

March 12, 2020

Restarting the Ta Khoa Nickel Project in Northern Vietnam

Blackstone Minerals is looking to restart the Ta Khoa Nickel Project in Northern Vietnam. Moreover, this was a very successfully operated mine between 2013 and 2016. "We've just made a new discovery. So, we're drilling out there and delivering a scoping study and a modern resource in the next three to six months.", says Managing Director, Scott Williamson.

Ta Khoa Nickel Project

The Ta Khoa Nickel-PGE Project is located 160 km west of Hanoi in the Son La Province of Vietnam. Additionally, it includes an existing modern nickel mine built to Australian standards, which is currently under care and maintenance. The Ban Phuc nickel mine successfully operated as a mechanised underground nickel mine from 2013 to 2016.

Since commencing maiden drilling in August 2019, Blackstone has made significant progress at Ta Khoa. They've drilled over 9,000 m of diamond core in more than 47 holes into the Ban Phuc DSS deposit and the King Cobra discovery zone. An initial scoping study evaluating mining and processing options is well advanced. This includes potential in country downstream processing to deliver high value nickel sulfate into Asia’s rapidly expanding electric vehicle (EV) industry. The recently announced MOU with Asia’s largest and the world’s second largest EV battery cathode manufacturer, Ecopro BM Co Limited represents a significant step toward making this a reality.

About Blackstone Minerals

Along with developing the district scale Ta Khoa Project, Blackstone Minerals also owns a large land holding at the Gold Bridge project. This sits within the BC porphyry belt in British Columbia, Canada. Further, it has large scale drill targets prospective for high grade gold– cobalt-copper mineralization. In Australia, they're exploring for nickel and gold in the Eastern Goldfields and gold in the Pilbara region of Australia. Blackstone has a board and management team with a proven track record of mineral discovery and corporate success.

For more information on Blackstone Minerals Ltd. (ASX:BSX) please fill out the form below.

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