Past year: ▼ 67%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
29 Jan 2024quarterly activities report▲ Good
December 2023 quarter: Phase 2 North Spirit channel sampling finished, with 65 samples averaging 1.35% Li2O (best 1.72% over 11.7m at Livyatan, 2.82% over 2.95m at Wrightback). Multiple drill targets identified; talks with indigenous communities continue for 2024 drilling. Repeats the 7 Dec results.
7 Dec 2023drilling result▲ GoodMajor
Phase 2 channel assays at North Spirit: 65 channels averaged 1.35% Li2O, 46 above 1.00%. Best were 1.72% over 11.7m at Livyatan and 2.82% over 2.95m at Wrightback. Resolves the pending assays; drilling is targeted for 2024, subject to indigenous community discussions.
30 Oct 2023quarterly activities report● Neutral
September 2023 quarter: summarises Phase 1 sampling (122 samples, up to 4.04% Li2O) and the Phase 2 channel program (12 channels, 57.65 m), with Phase 2 assays pending. Largely repeats earlier announcements.
26 Oct 2023admin correction● Neutral
Amended re-release of the 26 October Phase 2 announcement, adding a table of visual spodumene estimates (2% to 20%) with a warning against treating them as grades, and clarifying historical grab sample results. No new assay results.
26 Oct 2023drilling result▲ Good
Phase 2 at North Spirit: 12 channel samples totalling 57.65 m cut at three spodumene pegmatites (Livyatan, Wrightback, Orca), with visible spodumene and additional pegmatites found. Assays are pending, so no grades yet from this work.
24 Oct 2023asset acquisition disposition● NeutralMajor
Rumble Resources announced it will buy Blaze's four Earaheedy tenements (E69/3815, E69/3842, E69/3889, E52/3879; 434 km²) for 2,291,047 Rumble shares (about $250,000). The sale would end Blaze's WA zinc-lead project; vendor 1% royalties remain, and Ministerial consent is required.
28 Sept 2023annual report● Neutral
Year to 30 June 2023: loss of $1,066,891 (2022: $1,610,090). Review centres on Earaheedy, where 9 of 21 holes (2,979 m) were anomalous. Sonu Cheema is confirmed as secretary; auditor remains HLB Mann Judd.
28 Sept 2023other● Neutral
Appendix 4G corporate governance checklist accompanying the annual report, pointing to the governance statement on the company website. Administrative; no new information.
7 Sept 2023drilling result▲ GoodMajor
First North Spirit results: 122 samples from phase one field work, with high-grade pegmatite samples of 4.04%, 1.91%, 1.70%, 1.51% and 1.18% Li2O over a two-kilometre corridor at Nippa. Follow-up mapping and channel sampling planned to reach drill-ready targets. Early rock samples only, not drilling.
31 July 2023director officer appointment● Neutral
Steve Samuel resigned as Company Secretary and Sonu Cheema was appointed from 31 July 2023, becoming the ASX communications contact. Administrative change; no directors changed.
28 July 2023quarterly activities report● Neutral
June 2023 quarter: Blaze completed a $2,000,000 placement (before costs) and finished due diligence on the North Spirit Lithium acquisition in Ontario (1,827 claims). This confirms the placement size left open earlier. Earaheedy and Kirkalocka are unchanged; field work began after quarter end.
26 July 2023drilling progress report● Neutral
Field work started at North Spirit: geologists are sampling and mapping pegmatites and two-mica granites near the Bear Head deformation zone, managed by Exiro. No results yet. Share count is 628,558,246, with 15M unlisted options at $0.03 expiring 31 Dec 2025.
10 July 2023investor presentation● Neutral
July 2023 presentation: 628.6M shares, 362.5M listed options, cash $2.3M, market cap about $12.6M at $0.02. Top holders are Sunset Capital (9.6%) and Exiro (8.8%). Describes a strategy of early-stage exploration with passive minority exposure to discoveries.
4 July 2023asset acquisition disposition▲ GoodMajor
Blaze completed final due diligence on the North Spirit Lithium acquisition, continuing the 26 May agreement. Initial consideration of 55,000,000 shares is expected to be issued after the shareholder meeting on 7 July 2023, subject to approval. Field planning is unaffected by Canadian bushfires.
13 June 2023admin correction● Neutral
Re-release of the 9 June North Spirit expansion announcement, amended only to add a JORC Table 1 and Competent Person's Statement. No new substance.
9 June 2023asset acquisition disposition▲ Good
Exiro staked 129 more claims (2,550 ha), taking North Spirit to 1,827 claims and 36,510 ha. Due diligence is well advanced and field work is expected next quarter. Issued shares now show 457,508,246, up 90M from 367.5M, cause not stated in this text (inference: likely the placement).
26 May 2023asset acquisition disposition▲ GoodMajor
Blaze signed a Heads of Agreement with Exiro Minerals to acquire 100% of the North Spirit Lithium Project in Ontario, Canada (1,698 claims, about 340 sq km), 30 km along strike from Frontier Lithium's PAK deposit. This is a new commodity and country for the company, which has so far explored in Western Australia. Consideration terms are not in the text seen.
26 May 2023other● Neutral
ASX notice that Blaze's suspension will lift once it releases the placement outcome announcement. Administrative only, with no new information.
24 May 2023other● Neutral
Blaze requested a voluntary suspension from 24 May 2023 pending an announcement on the outcome of a placement to sophisticated investors, following a trading halt requested on 19 May. Size and price were not given. Administrative step.
28 Apr 2023quarterly activities report● Neutral
March 2023 quarter: a heritage survey over about 8 km of the Earaheedy target zone is scheduled for next quarter, and Kirkalocka auger sampling is planned for May on E59/2309. Two Kirkalocka tenements (E59/2310, E59/2499) were surrendered. Directors' fees were $99,000; no new results.
28 Feb 2023half year report● Neutral
Half-year to 31 December 2022: loss of $554,633 (prior-year period $536,952). Operations repeat the Earaheedy stage one drilling of 21 holes/2,979 m and four granted tenements. Auditor remains HLB Mann Judd; no change in activities.
23 Jan 2023quarterly activities report● Neutral
December 2022 quarter: no new drilling; heritage surveys for the west-northwest Earaheedy targets are still being planned, with two claim boundaries involved. E69/3885 was relinquished, leaving four Earaheedy tenements, and several other tenements were surrendered. Directors' fees were $55,000 and $372,000 of exploration was capitalised.
31 Oct 2022drilling result▲ GoodMajor
Final lab results for Earaheedy stage one: 21 holes, 2,979 m, with anomalous base metals in 9 holes at the Frere/Yelma contact, typically 10-20 m thick. This confirms the earlier field readings; further drilling at 1,000 m spacing awaits heritage surveys.
31 Oct 2022quarterly activities report● Neutral
September 2022 quarter: final Earaheedy stage one assays confirm anomalous base metals in 9 of 21 holes (2,979 m) at the Frere/Yelma contact. About 25 km of prospective strata; further drilling west-northwest awaits heritage surveys. E69/3889 was granted. Largely repeats the 31 October drilling result.
30 Sept 2022agm notice● Neutral
The 2022 AGM will be held on 30 November 2022. Director nominations close 19 October 2022, and the notice of meeting is due in October. Administrative only.
20 Sept 2022annual report● Neutral
Year to 30 June 2022: loss $1,610,090, down from $2,428,354. Five Earaheedy tenements (about 650 sq km) are granted; no dividend. Board is Prentice, Coxhell as Managing Director and Walker; auditor remains HLB Mann Judd.
20 Sept 2022other● Neutral
Appendix 4G and corporate governance statement lodged with the annual report, dated 20 September 2022. Compliance paperwork pointing to the website statement; no operational or financial content.
12 Aug 2022drilling result▲ GoodMajor
First Earaheedy drilling began late July: 12 holes for 1,627 m. Preliminary field readings (not lab confirmed) show zinc-lead in 5 holes, best 9 m @ 1.69% zinc within 21 m @ 0.68% zinc from 88 m. About 25 km of target strata; drilling continues west-northwest.
27 July 2022quarterly activities report● Neutral
June 2022 quarter: heritage approval now allows Earaheedy drilling on E69/3815 and a drilling contractor is appointed. E69/3842 and (after quarter end) E69/3889 were granted, giving five granted tenements. Jimberlana found nothing; the priority options offer raised $327,500.
4 July 2022director officer appointment● NeutralMajor
Simon Coxhell, previously Non-Executive Director, became Executive Managing Director from 1 July 2022 to lead Earaheedy exploration. Pay is $120,000 a year in director fees plus a field day rate; notice is 3 months. A drilling program is expected next quarter.
