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Blaze Minerals (ASX:BLZ) begins drilling at Jimberlana

ASX News, Mining
ASX:BLZ      MCAP $3.143M
31 January 2022 18:36 (AEST)

Drill rig at the Jimberlana Project. Source: Blaze Minerals

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.

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