Drill rig at the Jimberlana Project. Source: Blaze Minerals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Blaze Minerals (BLZ) begins reverse circulation (RC) drilling at the Jimberlana Project in Western Australia
  • Approximately eight RC holes will be drilled to test two chargeability anomalies identified via a gradient induced polarisation (IP) survey
  • These anomalies lie within intrusions of the Widgiemooltha Suite which is known to host nickel, copper and platinum group element (PGE) sulphides
  • Drilling is expected to be completed by the end of the month with results to follow
  • Blaze ends the day 7.14 per cent in the green with shares trading at three cents

Blaze Minerals (BLZ) has begun reverse circulation (RC) drilling at the Jimberlana Project in Western Australia.

Approximately eight RC holes, for 1200 metres, will be drilled to test two chargeability anomalies identified via a gradient induced polarisation (IP) survey.

These anomalies lie within intrusions of the Widgiemooltha Suite which is known to host nickel, copper and platinum group element (PGE) sulphides.

Drilling is expected to be completed by the end of the month, with results to follow.

“We are very pleased to have secured a drilling rig suitable for this program and to be kicking off our 2022 exploration programs so early in the year,” Technical Director Simon Coxhell commented.

“We are looking forward to advancing our understanding of the Jimberlana Project and the potential of these chargeability anomalies to help target sulphide mineralisation (nickel, copper and PGE’s) within the Widgiemooltha Suite.”

Blaze has ended the day 7.14 per cent in the green, with shares trading at three cents in a $10.01 million market cap.

BLZ by the numbers
More From The Market Online

Inca’s plan to drill IOCG targets in the Top End sends shares soaring 40%

Inca Minerals keep pushing up - rising 40 percent - as the company announces plans to…
The Market Online Video

Market Update: Real estate opens ASX door into the green zone

The ASX is up more than half a per cent – beating future’s earlier predictions.

Brightstar kicks off drilling at expanded 1.45Moz portfolio

Brightstar Resources has rolled out a program of up to 30 kilometres of drilling across its…