Blackstone Minerals Limited (B9S.F)

Blackstone Secures Option to Acquire Major Nickel Asset

HIGHLIGHTSBlackstone has executed an option agreement to acquire 100% of the Wabowden nickel sulphide project located in the world-class Thompson Nickel Belt in Manitoba, Canada.Attractive opportunity for Blackstone given large scale resource base, established infrastructure, low-cost hydro power and synergies with Blackstone's other strategic nickel interests in Manitoba.Wabowden is well matched to Blackstone's expertise and integrated nickel strategy.Large scale resource base of 230Mt at 0.56%