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February 2020 Volume 1. Issue 279 $11.95

Exploring South East Asia’s

premier nickel sulfide district

AN ADVANCED NICKEL SULFIDE PROJECT
Ta Khoa Project (Nickel-Coper-Cobalt-PGE),
Vietnam

• Ban Phuc Mine operated from 2013 to 2016,
mining 975kt @ 2.4% Ni & 1.0% Cu for 20.7kt
Ni & 10.1kt Cu;
• Existing infrastructure built to Australian
Standards includes a 450ktpa concentrator
and a modern mechanised underground mine
located within a premier nickel sulfide district;
• Invested capital in excess of US$136m
generated US$213m in revenue and paid total
contributions to government of US$65m
during a 3.5 year period of falling nickel
prices;
• Alliance with Korea’s largest electric vehicle
battery cathode producer, Ecopro BM Co
Limited Australia’s Paydirt February 2020
• Drilling is ongoing with four rigs on site;
upcoming exploration will include both
infill drilling, targeting the known Ban Phuc
disseminated sulfide zone, as well as step out
drilling, testing newly identified targets;
• New, near surface King Cobra nickel sulfide
discovery bearing semi-massive sulfide veins,
assays pending with near surface downhole
intervals of up to 60m and visual estimates of
up to 20% sulfide mineralisation
• EM and IP surveys underway
• Previously unrecognised PGE grades
Dream Team:ream Team:
suggest a potential by-product credit could
significantly enhance the future economics of
the project; D
• Blackstone is fully funded to deliver a maiden
resource and a scoping study by mid 2020
Australia & US map power playustralia & US map power play
A

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