Black Canyon Limited has initiated a new phase of exploration drilling at its Wandanya Project in Western Australia. The company began its reverse circulation (RC) drilling program, designed to test high-grade manganese and iron targets along 1.5km of a 3km mineralised system. The program includes 150 drill holes totaling 3,000 meters, and it follows promising high-grade manganese assay results and rock chip samples from previous work. Recorded results from earlier drilling included notable intervals such as 5 meters at 31.1% manganese (including 2 meters at 42% manganese) among other intervals offering grades in the 26–32% manganese range. In addition, high-grade iron values have been registered, with assays indicating up to 64.3% iron. The drilling program is strategically structured with variable line spacing—ranging from 100 to 350 meters—and hole centers approximately 40 meters apart. In the southern area of the project, drilling will extend the previously identified mineralisation by an additional 200 meters down dip and eastward. To the north, nearly 900 meters along strike will be systematically tested to further delineate the manganese-rich zone, while multiple holes will target iron-rich outcrops west and up dip of the manganese intervals. As the program unfolds in phases, further drilling in phase three is planned to cover the full 3km strike and cross-strike width between 600 and 900 meters. The company’s exploration efforts have attracted recognition, as demonstrated by the award of a $122,500 co-funded drilling grant from the Western Australian Government’s Exploration Incentive Scheme. This financial support underscores both the technical merit and innovative approach of the Wandanya project, reinforcing its potential to contribute to Black Canyon Limited’s growing mineral resource portfolio. Assay results from the current program are anticipated to be released in July and August, which could have significant implications for the project’s development. Market sentiment from the news appears mixed. Bullish investors may welcome the high-grade manganese and iron assay results, the structured and expansive drilling plan, and government support—all factors that enhance the prospect of discovering valuable mineral resources. In contrast, bearish sentiment could stem from the inherent uncertainties of early-stage exploration, as pressed drill results remain to be confirmed and the full extent of the resource still needs to be delineated. With strong backing from a robust capital structure and experienced management, Black Canyon Limited is positioning itself to potentially capitalize on a promising manganese and iron discovery in an underexplored region of the Oakover Basin.