Blackstone Vietnam nickel resource jumps 73 per cent - The West Australian

ASX-listed, Blackstone Minerals has delivered a cracking 73 per cent lift to its nickel resource base at its multi-deposit Ta Khoa nickel, copper and platinum group elements project located about 160km west of Hanoi in northern Vietnam. A global resource base at the project taking in four deposits now clocks in at a hefty 130 million tonnes grading 0.37 per cent nickel for an eye-catching 485,000 tonnes of contained nickel.

The resource upgrade for Blackstone’s flagship Ban Phuc deposit has returned 123 million tonnes going 0.37 per cent nickel for 452,000 tonnes of contained metal in the inferred and indicated categories.

Incorporating copper, cobalt, gold, palladium and platinum by-products, the Ban Phuc resource now contains 523,000 tonnes of nickel metal equivalent.

The company has also released maiden inferred resource estimates for its nearby Ban Chang, King Snake and Ban Khoa nickel deposits.

Some 6.2 million tonnes grading 0.31 per cent nickel has been estimated for its Ban Khoa disseminated sulphide nickel deposit.

At the Ban Chang massive sulphide vein deposit, an approximate 700,000 tonne resource grading a solid 1.2 per cent nickel has been recorded.

Another 430,000 tonne resource going 1.3 per cent nickel has also been defined at Blackstone’s King Snake massive sulphide vein deposit.

The four deposits now combine for a whopping 485,000 tonnes of contained nickel, or 571,000 tonnes of contained nickel equivalent.

Exploration drilling aiming to add more mineral...



Read Full Story: https://thewest.com.au/business/public-companies/blackstone-vietnam-nickel-resource-jumps-73-per-cent--c-5062770

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