Mankayan Project Update - Visible Gold Discovered
Visible gold discovered in diamond drillhole at Mankayan Project above high grade Cu-Au porphyry.
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Bezant (AIM: BZT), the copper-gold exploration and development company, announced on 6 February 2025 that ASX listed Blackstone Minerals Ltd ("Blackstone") had announced a proposed merger (the "Proposed IDM Merger") with IDM International Limited ("IDM") through which the Company holds its interest in the Mankayan Copper Gold project in the Philippines ("Mankayan Project"). Blackstone have on 5 March 2025 released an announcement that visible gold has been identified in a recently completed diamond drillhole at the Mankayan Project.
Please follow the link to Blackstone's announcement titled "Visible Gold Discovered above High Grade Cu-Ay Porphyry" as published on ASX: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02921220-6A1254205
If the Proposed IDM Merger is completed Bezant will receive 148,985,657 Blackstone shares and 2,543,750 options to acquire Blackstone shares at AUD0.06 expiring on 5 February 2029 for its IDM shares and IDM options.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.