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Black Canyon Limited (ASX:BCA)

ALERT: Price-sensitive ASX Announcement for BCA
Current share price for BCA : $0.385 -0.01 (-2.53%)+
Announcement
Release
6 Nov 2025 8:14AM
Price at Release
$0.395
Full Release
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Summary
Black Canyon Limited has completed the 100% acquisition of Ndalamo Platinum Pty Ltd, which includes key strategic tenements EL46/1571 and EL46/1572 in the east Pilbara region. This acquisition expands Black Canyon's land holdings around the Wandanya manganese and iron project, increasing their strike potential by 229 km². The acquired tenements host manganese-rich horizons and iron-rich formations similar to high-grade outcrops drilled in the existing Wandanya tenement. This settlement allows Black Canyon to enhance its exploration footprint and pursue further drilling activities to unlock the potential of these mineral resources. The conditions precedent for this transaction, including the grant of tenure, have been fulfilled.
Key Points
  • Black Canyon acquired 100% of Ndalamo Platinum Pty Ltd.
  • Settlement includes tenements EL46/1571 and EL46/1572.
  • Expansion of Wandanya manganese and iron project by 229 km².
  • Acquisition enhances strike potential of mineral discoveries.
  • Fulfillment of all conditions precedent, including tenure grant.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.