Past year: ▼ 67%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
14 June 2022drilling result▼ BadMajor
Jimberlana RC drilling (8 holes, 762 m) returned no anomalous results. The chargeability anomalies are interpreted as iron-rich paleochannels, and no further work is recommended. This ends the nickel target the January drilling was testing.
19 May 2022investor presentation● Neutral
May 2022 presentation on Earaheedy: about 650 sq km next to Rumble's and Strickland's discoveries, with drilling set for the 2022 field season. Cites 357.5M shares, market cap $9.6M and cash $1.82M at 31 March 2022. Largely repeats known facts.
4 May 2022other● Neutral
Registry top-20 holder and distribution report for the listed options (expiring 31 May 2024), dated 4 May 2022. 97 holders hold 357.5M options; top 20 hold 82.48%. Chairman Prentice holds 15M. Confirms the priority options were issued; no new operations.
29 Apr 2022quarterly activities report● Neutral
March 2022 quarter: the 8-hole, 762 m Jimberlana RC program is finished, results pending. Earaheedy soils (180 samples) were anomalous and E69/3842 was granted after quarter end. Binneridgie sampling still not started. Kirkalocka plans auger drilling.
5 Apr 2022security holder rights change▼ BadMajor
327,491,754 BLZO options at $0.05 lapsed unexercised on 31 March 2022, so no money came in from them. Shares on issue are 357,508,246. The priority options offer to expired holders (up to 327.5M at $0.001, expiring 31 May 2024) remains subject to approval.
22 Mar 2022capital raising announcement● Neutral
Blaze lodged a prospectus offering up to 327,499,889 new listed options, matching the expired BLZO count. Offer closes 27 April 2022, subject to a 31 March general meeting. Per the earlier notice, price is $0.001 and exercise $0.05, so it raises at most about $327,500.
11 Mar 2022director officer appointment● Neutral
Sonu Cheema resigned as joint Company Secretary; Steve Samuel remains sole Company Secretary and ASX contact. Administrative; no board change.
28 Feb 2022half year report● Neutral
Half-year to 31 December 2021: loss $536,952, down from $705,113 a year earlier. Restates known activity: Earaheedy grants, Jimberlana drilling plans, board change to Prentice. Auditor remains HLB Mann Judd.
23 Feb 2022security holder rights change● NeutralMajor
The 327.5M BLZO options at $0.05 expire 31 March 2022. Blaze plans, subject to shareholder approval, a priority offer of new options at $0.001, exercise $0.05, expiring 31 May 2024, 1-for-1 to BLZO holders. Directors may take up to 10M each.
23 Feb 2022admin correction● Neutral
Amended option expiry letter to holders, adding a line that quotation of BLZO ceases on 25 March 2022. Otherwise it repeats the 23 February notice: $0.05 exercise, 31 March expiry, no underwriting.
16 Feb 2022drilling result▲ Good
Soil sampling at Earaheedy (180 samples) returned anomalous base metal results along the interpreted unconformity, northwest of Rumble's Chinook and Strickland's Iroquois discoveries. Follow-up mapping and soil work has started; drilling needs heritage surveys and approvals first. Early-stage, not a drill result.
7 Feb 2022price query● Neutral
ASX queried a share price rise from $0.028 to $0.052 and higher volume between 31 January and 7 February 2022. Blaze said it knew of no unannounced information and pointed to the Jimberlana drilling start and Earaheedy grants.
31 Jan 2022drilling spud▲ GoodMajor
RC drilling began at Jimberlana, testing the Huginn and Munnin chargeability anomalies identified in 2021. About 8 holes for 1,200 m are planned, up from 1,000 m earlier. This ends the long wait for a rig; no results yet.
21 Jan 2022quarterly activities report● Neutral
December 2021 quarter: three Earaheedy tenements granted, with 192 soil and rock chip samples taken and results due end January. Jimberlana drill rig sourced, about 8 RC holes for 1,000 m expected to start by end January. Binneridgie sampling planned by end March.
20 Dec 2021other● Neutral
Share registry Automic moved its Perth office to Level 5, 191 St Georges Terrace from 20 December 2021. Administrative notice only, with no operational or financial content for Blaze.
30 Nov 2021director officer appointment● NeutralMajor
David Prentice became Non-Executive Chairman after the AGM and David Wheeler retired as a director on 30 November 2021. Prentice has 25+ years in resources, including US oil and gas. He holds no Blaze securities; Wheeler held 4M BLZO options.
17 Nov 2021regulatory community update▲ GoodMajor
Three Earaheedy tenements (E52/3879, E69/3815, E69/3885) were granted next to Rumble's and Strickland's zinc-lead discoveries, and field mapping has begun. Drilling is expected in the first half of 2022. E69/3888 was dropped as unprospective; 12.5M shares and options are now issuable to Hammerhead's vendors.
4 Nov 2021director officer appointment● Neutral
Andrew Bickley resigned as Company Secretary; Sonu Cheema and Steve Samuel were appointed joint company secretaries. Third secretary change since October 2020 (Cheema returns). Administrative; no board change.
20 Oct 2021quarterly activities report● Neutral
September 2021 quarter: heritage survey cleared the Jimberlana drill targets with Ngadju representatives. About 8 RC holes for 1,000 m are planned once a rig is found, targeting this quarter. Earaheedy (~750 sq km) data review done; grant sought by year-end.
6 Oct 2021agm notice● Neutral
Blaze will hold its 2021 AGM on 29 November 2021 at 10am WST. Director nominations close 11 October 2021, with the formal notice due in late October. Administrative notice only.
22 Sept 2021annual report● Neutral
Appendix 4G confirming the corporate governance statement for the year to 30 June 2021 is on the website, current as at 22 September 2021. Compliance paperwork with no new operational or financial information.
22 Sept 2021annual report▼ Bad
Year to 30 June 2021: loss $2,428,354, up from $756,163 the year before. Earaheedy is described as a main focus alongside Jimberlana, once tenure is granted. Board is Wheeler, Coxhell and Walker. Auditor remains HLB Mann Judd.
28 July 2021quarterly activities report● Neutral
June 2021 quarter: the Earaheedy and Big Bell South acquisitions completed and the $1.5M placement was finished. Jimberlana drilling awaits a heritage survey, and Binneridgie auger drilling is planned for September. Share count is now 345M. Tenement grants targeted by calendar year-end.
13 July 2021other● Neutral
Blaze International Limited became Blaze Minerals Limited after shareholders approved the change at the 9 July 2021 meeting. ASX code stays BLZ; the new name takes effect on the ASX around 15 July. Name change only.
29 June 2021agm notice● Neutral
The general meeting set for 2 July 2021 was postponed to 9 July 2021 because of a Perth COVID lockdown. Business is unchanged and proxy deadline moves to 7 July. Administrative only.
19 May 2021drilling result▲ GoodMajor
An IP survey at Jimberlana found two chargeability anomalies, Huginn and Munnin, under the earlier nickel-copper-PGE soil anomalies, now called drill ready. Drilling awaits approvals and heritage surveys in June or July. Follows the April soil results; no drilling result yet.
11 May 2021asset acquisition disposition▲ GoodMajor
Blaze agreed to buy Hammerhead Exploration and Iconic Minerals, owners of six Earaheedy Basin tenement applications next to Rumble's zinc-lead discovery, plus Big Bell South. A $1.5M placement was committed. This is a new base-metals direction beyond nickel and gold.
29 Apr 2021quarterly activities report● Neutral
March 2021 quarter: Jimberlana soil results (625 samples) show three ultramafic cores with elevated nickel, copper and PGE; IP survey planning underway. New applications at Mukinbudin, Mount Day and Jimberlana widen the nickel tenure. Largely repeats the 27 April result.
27 Apr 2021drilling result▲ Good
Jimberlana soil sampling (625 samples) defines a 3 km nickel-copper-PGE anomaly along the base of an ultramafic core, with nickel up to 1580 ppm. Early-stage, not a discovery. An induced polarisation survey is planned, with drilling to follow.
7 Apr 2021regulatory community update▲ GoodMajor
Jimberlana tenement E63/2009 granted for five years, resolving a pending grant. Resampled drill spoil supports nickel-copper-PGE potential. Blaze also applied for the Mukinbudin nickel tenement (186 sq km) and other applications, expanding the 90%-owned South West Nickel JV.
