Blaze Minerals (ASX:BLZ) - Managing Director, Simon Coxhell
Managing Director, Simon Coxhell
Source: Great Northern Minerals
The Market Online - At The Bell

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

  • Blaze Minerals (BLZ) identifies base metal anomalies at its namesake project which reportedly confirms the prospectivity of the WA-based project
  • The company collected 180 samples from several tenements, with anomalous results corresponding with interpreted unconformity and base metal target zones
  • Follow-up regional work has begun to identify more target areas which are expected to be drill tested, subject to receiving approvals
  • Additionally, three “highly prospective” tenements have been granted at Earaheedy and numerous target areas have been interpreted following a data review
  • Shares in Blaze Minerals were trading steady at 4 cents

Blaze Minerals (BLZ) has received anomalous results which reportedly confirm prospectivity at its namesake project in the Earaheedy Basin of Western Australia.

The results come from reconnaissance work completed at the Blaze project in late November.

Specifically, 180 soil and rock chip samples were collected from broad traverses over several tenements in areas of outcrop and subcrop, with anomalous results corresponding with the interpreted unconformity and base metal target zones.

A number of these areas lie immediately to the west-northwest of the strike extension of Rumble Resources’ (RTR) Chinook Zinc-Lead discovery and Strickland Metals’ (STK) Iroquis Zinc-Lead discovery.

Technical Director Simon Coxhell said the base metal anomalies returned have confirmed and outlined multiple areas of interest.

“Follow up regional rock chip, mapping and soil sampling has commenced to further test other areas within our large tenement package at Earaheedy,” Mr Coxhell said.

The target areas are expected to be drill tested following any required heritage surveys and programme of work approvals.

Additionally, three “highly prospective” tenements have been granted at Earaheedy and numerous target areas have been interpreted following the compilation of data collected in the September quarter.

Data was collected from a detailed capture of all previous work completed in the district and the acquisition of geophysical datasets covering the tenement locations.

Blaze said the target areas will become a major focus.

Shares in Blaze Minerals were trading steady at 4 cents at 1:18 pm AEDT.

BLZ by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Bourse finishes week on a high as Wisetech pummeled | November 22, 2024

The ASX200 closed up 0.85% at 8,393 points. Economists increasingly expect interest rates in Australia won’t…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 47, 2024

In this segment we’ll look at the top stocks HotCopper users have been watching, and discussing,…
Nuclear explosion mushroom cloud concept

Week 47 Wrap: HotCopper users’ most watched; Brent lifts on Putin’s scary letter; RFK dents CSL

Welcome to the end of another week. Let's start with what HotCopper users have been watching…
Dale Gillham's photo, and wording 'Words from Wealth Within's Chief Analyst Dale Gillham.

Dale Gillham’s weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in th…