Perth-based Blackstone Minerals (ASX: BSX) has hit massive sulphide vein (MSV) mineralisation in multiple drill holes during a maiden exploration program at the polymetallic King Snake prospect within the Ta Khoa nickel project in Vietnam.
The company said the discovery has reaffirmed the prospectivity of the region and its strategy in defining high-grade nickel targets using electromagnetic techniques.
The King Snake work followed up EM targets defined by the company’s geophysics team in November, with six of the first seven drillholes intersecting MSVs with associated disseminated sulphides (DSS) over an 800 metre strike and open in all directions. Read more…..
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In the next five to ten years, the electric vehicle (EV) revolution will likely dominate the nickel space and will be sending prices much higher, this according to Alex Laugharne, principal consultant of CRU Group.