Black Canyon Limited (ASX:BCA)
Black Canyon Limited (ASX:BCA) is focussed on the discovery of a potentially economic mineral deposit in Australia capable of development and is currently targeting manganese and copper.
Subject to a successful capital raising, the Company will commence exploring the Carawine Project and, subject to grant, the Lofty Range Project. The Company is aiming to take advantage of historic datasets and the latest exploration techniques and mineralisation models.
Exploration activities will commence at the Carawine Project to meet the Companys earn-in obligations under the Carawine Farm-in Agreement, while the Company continues to work toward the grant of its two wholly-owned Tenements under application at the Carawine and Lofty Range Projects.
The Company will also continue to assess and review other opportunities for tenement applications or acquisitions that are deemed in the best interests of Shareholders.