Ragusa Minerals has delineated fourteen priority drill targets at the historic Black Rock Manganese Mine prospect following the completion of an induced polarisation geophysical survey.

The survey data interpretation reveals anomalous zones extending in a northwest-southeast direction along strike of the massive manganese oxide mineralisation exposed at the Purple Pansy project site in Arizona, USA. The interpretation identified nine priority 1, three priority 2, and two priority 3 targets, alongside multiple anomaly trends running parallel to the main zone at the historic open-cut mine.

“The Company is delighted with the IP survey data results outlining multiple anomalous trends, with the largest trend extending along strike of the historic Black Rock Manganese Mine site containing exposed massive manganese oxide mineralisation.”

— Jerko Zuvela, Chair

Ragusa holds the project mineral claims through an acquired controlling interest in Pegasus Tel Inc., completed in June 2026. Earlier rock sampling at the historic prospect returned high-grade manganese assay results of 45.6% Mn and 44.6% Mn. To fund initial exploration across the asset, the company raised $600,000 before costs through a January 2026 private placement.

“The survey results provide greater confidence that we may find more manganese mineralisation along strike and at depth from the mineralized zone exposed at the historic mine.”

— Jerko Zuvela, Chair

Meanwhile, regional activity in the surrounding Arizona district includes Corcel Exploration Inc. reporting final Phase I drill results at the Yuma King project in August 2026, which included an intersection of 24.5 metres grading 0.47% copper and 0.32 g/t gold from 212 metres downhole.

Ragusa is now planning drill activities, including regulatory approvals, permitting, and site access arrangements, with the objective of establishing a maiden resource estimate for the prospect.

Read the full announcement: Purple Pansy Manganese-Gold Project Update