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Source: Blackstone Minerals
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  • Blackstone Minerals (BSX) has received a new round of results from drilling efforts at its King Snake Massive Sulphide Vein (MSV) prospect in Northern Vietnam
  • Drilling within the flagship Ta Khoa Nickel-Copper-PGE project is focussed on electro-magnetic targets which extend down plunge to the west of historic drilling
  • According to BSX, new intersections combined with historic drill results have defined a strike length of roughly 900 metres at the prospect
  • Notable grades include 1.54 per cent nickel, 2.01 per cent copper, 0.06 per cent cobalt and 5.16g/t platinum-palladium-gold
  • Blackstone Minerals shares are off four per cent to trade at 36 cents

Blackstone Minerals (BSX) has received a new round of results from drilling efforts at its King Snake Massive Sulphide Vein (MSV) prospect in Northern Vietnam.

The King Snake target is a high priority MSV target at the company’s flagship Ta Khoa Nickel – Copper – PGE project, where drilling is focussed on electro-magnetic (EM) targets which extend down plunge to the west of historic drilling.

Notable intercepts include 2.62 metres at 1.54 per cent nickel, 2.01 per cent copper, 0.06 per cent cobalt and 5.16g/t platinum-palladium-gold from 254.08 metres including 0.62 metres at three per cent nickel, 0.84 per cent copper, 0.11 per cent cobalt & 3.36g/t platinum-palladium-gold from 254.08 metres.

According to BSX, new intersections combined with historic drill results have
defined a strike length of roughly 900 metres at the prospect, including MSV, semi-massive sulphide vein (SMSV) and disseminated sulphides (DSS).

In terms of next steps, Blackstone is set to perform downhole EM surveys to inform infill drilling at King Snake in addition to seeking new sulphide targets at depth.

Blackstone Minerals’ Managing Director Scott Williamson said he was pleased the prospect continued to deliver excellent results.

“The latest drill results have extended strike at the King Snake prospect and we look forward to assessing the outcomes of DHEM currently being performed by our in-house geophysics team,” he commented.

Blackstone Minerals shares are off 6.67 per cent to trade at 35 cents at 11:38 am AEST.

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