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Blaze Minerals (ASX:BLZ) confirms prospectivity at namesake project

ASX News, Materials
ASX:BLZ      MCAP $7.834M
16 February 2022 13:19 (AEDT)
Blaze Minerals (ASX:BLZ) - Managing Director, Simon Coxhell

Source: Great Northern Minerals

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.

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