Blackstone Minerals

Exploring Southeast Asia's Premier Nickel-Sulfide District

This Blackstone Minerals profile is part of a paid investor education campaign.*

BSX:AU

Blackstone Minerals


Overview

Blackstone Minerals (ASX:BSX, OTC:BLSTF) is focused on the flagship Ta Khoa Nickel PGE (copper-cobalt) Sulfide Project, located in the Son La Province of Vietnam. The Ban Phuc mine is a rare opportunity to invest in a premier nickel PGE sulfide project to deliver high value nickel sulfate into Asia's rapidly growing electric vehicle (EV) industry. A recent MOU with Ecopro BM Co Limited, the world's second largest EV battery cathode manufacturer, is a significant step in this direction.

Highlights

  • Ta Khoa has infrastructure advantages via the existing Ban Phuc mine and processing facilities, and access to low-cost, underutilised hydroelectricity and a trained labour force
  • Ban Phuc is one of 25 nickel sulfide prospects in the highly prospective Blackstone-controlled Ta Khoa Nickel PGE (copper-cobalt) district, Son La Province, Vietnam
  • Targeting Q2 2020 for the delivery of the initial Joint-Ore Reserves Committee compliant resource for the Ban Phuc disseminated Nickel PGE (copper-cobalt) deposit
  • Advancing an independent scoping study evaluating development options for the Ban Phuc bulk mineable disseminated deposit and adjacent high-grade Nickel PGE (copper-cobalt) prospects
  • The objective is to produce a high-value nickel sulfate product for the lithium-ion EV battery manufacturing hub being developed in the port city of Hai Phong, where leading manufacturing companies have existing large-scale electronics manufacturing facilities
  • Funding secured to deliver a maiden resource and scoping study for the Ban Phuc disseminated nickel sulfide deposit, with approximately AU$4.95 million in treasury and access to an additional AU$2 million through a Controlled Placement Agreement (CPA) with Acuity Capital

Management Team

Scott Williamson, Managing Director

Mining Engineer with a Commerce degree from the West Australian School of Mines and Curtin University, over 10 years of experience in technical and corporate roles in the mining and finance sectors.


Hamish Halliday, Non-Executive Chairman

Geologist with over 20 years of corporate and technical experience, founder of Adamus Resources Limited, an A$3M float which became a multi-million-ounce emerging gold producer.

Andrew Radonjic, Technical Director

Mine Geologist and Mineral Economist with over 25 years of experience with a focus on gold and nickel exploration, instrumental in three significant gold discoveries north of Kalgoorlie, Executive Director of Venture Minerals Limited and co-lead the discovery of the Mount Lindsay Tin-Tungsten-Magnetite deposits.

Steve Parsons, Non-Executive Director

Geologist with corporate and technical experience, a proven track record of mineral discoveries, corporate growth, international investor relations and creating shareholder wealth, founding MD of Gryphon Minerals Ltd which became an ASX 200 company with a multi-million-ounce gold discovery in West Africa.

Michael Naylor, Joint Company Secretary

A chartered accountant with over 20 years of experience in corporate advisory and public company management, previously an Executive Director and/or Company Secretary of two highly successful battery metal resource companies located in Australia and Canada. Executive Director and Company Secretary of Bellevue Gold Ltd (ASX:BGL) currently growing a multi-million-ounce gold discovery in WA.

Jamie Byrde – Joint Company Secretary

Chartered Accountant with over 14 years of experience in accounting, company secretarial and corporate advisory roles specializing in Financial Accounting and Reporting and Corporate Governance, currently the Company Secretary for Venture Minerals Limited and Alicanto Minerals Limited.

Dr. Stuart Owen – Exploration Manager

BSc & PhD in Geology with over 20 years of experience in mineral exploration, Senior Geologist in the team that discovered the Paulsens Mine (+1Moz) and as an Exploration Manager at Adamus discovered the Southern Ashanti Gold deposits (+2Moz) and at Venture discovered the Mt Lindsay TinTungsten-Magnetite deposits.


Andrew Strickland – Head of Project Development

Andrew Strickland will lead development of Ta Khoa. He is an experienced Study and Project Manager, a Fellow of the Australian Institute of Mining and Metallurgy, University of WA MBA graduate, with undergraduate degrees in Chemical Engineering and Extractive Metallurgy from Curtin and the West Australian School of Mines.

Previously, Andrew Strickland was Senior Study Manager for GR Engineering Services Limited, where he was responsible for delivering a series of Scoping and Feasibility Studies for Australian and international projects.

Andrew Strickland has a history of developing mining & metals projects across different commodities and jurisdictions as well as a broad understanding and experience in minerals processing, project management and corporate strategy.

Richard Kitchener – General Manager – Operations

As General Manager Operations, Richard Kitchener will lead, plan and execute all operational activity to ensure a smooth transition into production. Richard Kitchener was Mining and Geology Manager at Masan Group's Nui Phao Mine in Northern Vietnam for the past 10 years, responsible for the development of systems and procedures and negotiation of all contracts during the development and operation of the Nui Phao Mine.

Other previous roles include the position of General Manager Operations at Swan Gold Mining in Australia and General Manager of Operations at Ban Phuc Nickel Mines, Blackstone's now renamed Ta Khoa Project. Richard Kitchener holds a Bachelor of Engineering from Camborne School of Mines.

Steve Ennor – General Manager – Project Development

Steve Ennor, the General Manager Project Development, will manage the transition of the processing facilities from construction to operational readiness. Steve Ennor is a metallurgist with 30 years of experience in gold and base metals processing, including senior management and operational positions in Australia, Africa and South East Asia.

Steve Ennor commenced as the Ban Phuc Nickel Project Development Manager in 2010 and managed project development, plant design and construction into 2012 before transitioning to Metallurgy Manager.

Steve Ennor holds a Diploma in Metallurgy Engineering and is a member of the Australasian Institute of Mining and Metallurgy.

Vũ Hồng Cấm Vân – General Manager – Commercial

Vũ Hồng Cấm Vân will act as General Manager Commercial and will be responsible for managing all business and financials, external affairs and communications in Vietnam relating to the Ta Khoa Project in conjunction with the General Manager Operations and General Manager Project Development.

Vũ Hồng Cấm Vân joined Ban Phuc Nickel Mines in 2006 and has successfully performed in several roles transitioning from senior environment officer to HSE & CSR manager and government affairs director.

Vũ Hồng Cấm Vân holds a BSc in Environment Management from the Ha Noi National University and MSc in Climate Change from the Ha Noi National University.

*Disclaimer: This profile is sponsored by Blackstone Minerals ( BSX:AU ). This profile provides information which was sourced by the Investing News Network (INN) and approved by Blackstone Minerals in order to help investors learn more about the company. Blackstone Minerals is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Blackstone Minerals and seek advice from a qualified investment advisor.

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