Black Canyon (ASX:BCA) confirmed the continuity of shallow and high-grade manganese and iron mineralization at its Wandanya project in Western Australia, according to a Monday filing with the Australian bourse.
First assay results received from resource definition drilling include 7 meters at 35% manganese, including 4 meters at 44% manganese from 2 meters, 8 meters at 33% manganese, including 4 meters at 36% manganese from 3 meters, as well as 10 meters at 60% iron, including 5 meters at 61% iron from 4 meters, 9 meters at 59% iron from 2 meters, including 3 meters at 63% iron from 6 meters, the filing said.
Resource definition drilling will continue with further assays expected over the next two months, per the filing.
Shares rose past 1% in morning trade Monday.