Past year: ▼ 67%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
25 Sept 2020drilling result▲ Good
Mt Magnet auger sampling (540 samples) found gold up to 140 ppb, with the +50 ppb anomaly over more than 4.5 km of strike. It confirms targets for drilling, now planned for the December quarter once the extra program of works is approved.
2 Dec 2019drilling result▲ GoodMajor
Leonora aircore drilling (42 holes, 1,940m) hit gold in two holes: 4m at 1.52 g/t from 52m (BAC005) and 8m at 0.25 g/t (BAC028). The rest showed no significant result. Two areas need follow-up drilling. Follows the earlier auger anomalies.
7 June 2019drilling result▲ Good
Auger sampling at the newly acquired Leonora project (572 samples) found several gold anomalies above 100 ppb and defined 6 priority targets. These are early-stage results to be examined further before possible drilling; no drilling yet.
22 May 2019farm in farm out completion▲ Good
Blaze settles the Leonora acquisition after shareholders approved it on 20 May 2019, issuing 2,713,404 shares to the vendors. Completes the deal announced on 5 April.
29 Nov 2016drilling result▼ BadMajor
Blaze suspended Marble Bar RC drilling after 12 holes (702m), all hitting pegmatite but only 2-4m wide, narrower than outcrop. Flatter 30-35 degree dips are thought to explain part of this. Assays due early December; a setback for the lithium thesis.
21 Nov 2016drilling spud▲ GoodMajor
RC drilling has started at Marble Bar, Blaze's first lithium drilling: 18 initial holes, about 1,580m, possibly extended. The rights issue close moves to 11 January 2017, so shareholders can decide after seeing drill results.
17 Nov 2016drilling scheduled▲ Good
Blaze has all approvals for up to 3,000m of RC drilling at Marble Bar, starting by 21 November 2016 on three priority spodumene pegmatite targets. First assays are expected in mid-December.
28 Oct 2016drilling result▲ Good
New rock chips at Marble Bar returned up to 3.38% and 2.86% Li2O, with tantalum up to 701ppm. Pegmatite swarms are traced over 5km, adding to the earlier 3.72% peak. RC drilling is due to start in November.
19 Oct 2016drilling scheduled▲ GoodMajor
Spodumene found in all outcropping pegmatites at Marble Bar, traced over 5km of strike. Blaze extended its option by two months by committing to at least 3,000m of RC drilling, and plans a $2.1m rights issue at 5 cents. EL45/4669 has been granted.
4 May 2015farm in farm out completion▲ GoodMajor
Blaze has earned a further 20% of the Barkly joint venture by spending another $350,000, lifting its interest to 70%. It has elected to sole-fund to a bankable feasibility study to earn a final 10%, reaching 80%.
9 Dec 2014drilling result▲ GoodMajor
Phase II diamond drilling is complete. BBDD0004 hit 16m at 3.02% copper, 0.65g/t gold from 139m (incl 4m at 6.49% Cu), a thick sulphide zone. Two holes were abandoned in broken ground, leaving the high-grade gold contact and supergene zone untested.
28 Oct 2014drilling result▲ GoodMajor
Phase II RC drilling returned BBRC0012: 31m at 2.48% copper from 116m, and BBRC0010: 11m at 0.98 g/t gold. A new footwall zone of mineralisation was also noted. Five key holes still need diamond tails to reach the high-grade gold position; the diamond rig had mechanical problems.
8 Oct 2014drilling progress report● Neutral
Bluebird phase II RC drilling is complete (8 holes, 1,354m) and 336 samples sent for assay, with results due in weeks. Diamond drilling is behind schedule after a three-week engine failure, now due for completion by late October.
10 Sept 2014drilling spud▲ Good
Drilling has started on the follow-up Bluebird program, with diamond and RC rigs on site for up to 12 holes totalling 2,100m. It targets extending the BBDD-2 and BBRC-5 results toward a first JORC resource. States Blaze has already earned 50% of Barkly.
4 Aug 2014drilling scheduled● Neutral
Blaze has lodged its Mine Management Plan and engaged drillers for a late-August start on up to twelve Bluebird holes (2,100m), following up the BBDD-2 and BBRC-5 results. The aim is a first JORC resource. Territory approval is still awaited.
23 July 2014drilling result▲ GoodMajor
Diamond hole BBDD-2 at Bluebird returned 20m at 8.17 g/t gold, 0.61% copper and 0.22% bismuth from 157m, including 1m at 62.3 g/t gold. Gold grade rises with depth; mineralisation is now defined to at least 150m depth and up to 120m along strike. Trading halt continues pending a capital raising.
17 June 2014drilling result▲ GoodMajor
First Blaze drilling at Bluebird (Barkly) hit 25m at 1.9% copper and 0.3 g/t gold from 62m, including 2m at 16.5% copper. Mineralisation is open in all directions and diamond drilling has started. A strong first result, versus the earlier Meteoric hole of 4m at 4.69% copper.
2 Sept 2013farm in farm out agreement▲ GoodMajor
Blaze signed a farm-in with Meteoric Resources over the Barkly copper-gold project near Tennant Creek, NT. It can earn 50% by spending $250,000 before March 2015, 70% with a further $350,000 by 31 March 2017, and 80% by sole funding to feasibility. It is also raising $420,000 at 0.04c via 1,050m shares.
2 Sept 2013farm in farm out agreement● Neutral
Meteoric Resources' release of the same Barkly farm-in, from the partner's side: Blaze can earn 50% for $250,000 by March 2015, a further 20% for $350,000 by 31 March 2017, and 80% overall. Duplicates Blaze's own announcement; no new terms.
28 Oct 2010drilling spud● Neutral
A preliminary program of 80 shallow RAB holes (about 20m deep, 1,600m total) is under way at Yeelirrie to understand the geology. Systematic drilling is planned for 2011. This follows the 'shallow drilling later this year' plan; no results yet.
11 July 2007drilling result▲ GoodMajor
Airborne survey over the 100%-owned Yeelirrie project found uranium-enriched sediments and weathered granite source rocks in tributaries feeding the main channel near BHP's 52,000t deposit. Ground surveys start next month, then air core drilling. Anomalies only, not drilled; no resource yet.
