Past year: ▼ 67%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
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.
9 Dec 2014joint venture update● Neutral
Meteoric, Blaze's Barkly farm-in partner, republishes Blaze's 9 December Bluebird sulphide intersection announcement. No new information.
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.
24 Oct 2014quarterly activities report● Neutral
September 2014 quarter: the final two diamond holes of the six-hole first phase were finished with all assays in, repeating the BBDD-2 and BBRC-5 highlights. Historic geophysics reprocessing began generating targets. Text shown is truncated.
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.
29 Sept 2014annual report● Neutral
Year to 30 June 2014 loss was $754,695 (2013: $809,470). The report restates the Bluebird results, with mineralisation defined to at least 150m depth and 120m along strike. Board and auditor unchanged. Text shown is truncated.
18 Sept 2014listing compliance notice▼ BadMajor
Blaze admits its 31 July 349m-share placement breached Listing Rule 7.1A because the price was slightly below 75% of the 15-day VWAP. ASX treats it as a Rule 7.1 issue; Blaze undertook not to issue equity without shareholder approval until 31 March 2015.
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.
10 Sept 2014joint venture update● Neutral
Meteoric, the Barkly farm-in partner, republishes Blaze's announcement that Bluebird follow-up drilling has started (up to 12 holes, 2,100m). No new information.
8 Sept 2014joint venture update● Neutral
Meteoric, Blaze's Barkly farm-in partner, republishes Blaze's nine-target announcement. It states Blaze has earned a 50% interest and can still earn up to 80%. No new information otherwise.
8 Sept 2014regulatory community update▲ Good
Reprocessing of historic magnetic and gravity data identified at least nine very high priority Barkly targets beyond Bluebird, including a large magnetic body called 'General Electric'. Targets still need mapping and geochemistry before drilling. The Mine Management Plan has now been approved.
5 Sept 2014debt financing● NeutralMajor
Blaze signed a trust deed allowing up to $1.25 million of convertible notes sold to CPS Capital clients, with 10% flat interest, 6-month maturity and unsecured. Notes convert one-for-one into shares only after shareholder approval. Funds Barkly work; this settles the open facility thread.
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.
1 Aug 2014capital raising announcement● Neutral
Disclosure on the shares issued 31 July 2014: dilution to existing holders was 8.67%, issued under Rule 7.1A on a best-endeavours basis, with a 6% placement fee to CPS Capital. Funds are for follow-up Bluebird drilling due to start this month.
25 July 2014quarterly activities report● NeutralMajor
June 2014 quarter: the first six-hole Bluebird program was completed, with 25m at 1.9% copper in BBRC-5; the report notes this is superseded by the 23 July results. The last Yeelirrie licence, E53/1446, was relinquished, so Blaze now focuses on Barkly.
24 July 2014capital raising announcement● NeutralMajor
Blaze placed 349 million shares at 0.08 cents to CPS Capital clients, raising $279,200 before costs. CPS also offered a convertible note facility of up to $1,250,000 to fund exploration, terms to be agreed and subject to a shareholder meeting.
24 July 2014joint venture update● Neutral
Meteoric, the Barkly farm-in partner, republishes Blaze's ounce-grade gold result at Bluebird and says its directors are highly encouraged. No new information.
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.
9 July 2014investor presentation● Neutral
July 2014 investor update: 4,023M shares on issue, liquid assets under $203,000 at 31 May 2014, and a market cap of about $4 million at $0.001 a share. Plans about 12 holes, 3,000m, targeting an initial resource at Bluebird. Mostly repeats known drilling results.
17 June 2014joint venture update● Neutral
Meteoric, the Barkly farm-in partner, repeats Blaze's Bluebird drilling announcement and restates the earn-in terms. No new information.
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.
30 Apr 2014quarterly activities report● Neutral
March 2014 quarter: Blaze completed historical data appraisal and designed a drill program to test copper mineralisation at Bluebird, expected to start by June 2014 subject to government approvals. Yeelirrie remains one licence with no fieldwork.
31 Mar 2014security holder rights change● Neutral
40,000,000 unlisted options exercisable at 1.6 cents each expired on 31 March 2014. Administrative notice only.
13 Mar 2014half year report● Neutral
Half-year to 31 December 2013 loss was $401,294 (prior period $458,423). The report restates the Barkly farm-in terms with Meteoric. Board unchanged; Norman Grafton is now company secretary. Text shown is truncated.
3 Feb 2014director officer appointment● Neutral
Company Secretary David Zukerman retired after five years; Norman Grafton, who is secretary of several other public companies, replaces him. Administrative change.
30 Jan 2014security holder rights change● Neutral
509,182,694 unlisted options exercisable at 3 cents each expired on 30 January 2014. Administrative notice only.
30 Jan 2014quarterly activities report● Neutral
December 2013 quarter: Barkly data audit completed and 3D modelling under way ahead of a planned reverse circulation drill program. Yeelirrie licences E53/1453 and E57/739 were surrendered, leaving one granted licence, E53/1446. Continues the Barkly farm-in.
31 Oct 2013quarterly activities report● Neutral
September 2013 quarter: Blaze signed the Barkly farm-in with Meteoric (50% for $250,000 by March 2015, up to 80%). Yeelirrie had no fieldwork given poor market conditions. Repeats known terms; Barkly drilling results quoted are Meteoric's earlier work.
26 Sept 2013annual report● Neutral
Year to 30 June 2013 loss was $809,470 (2012: $3,420,460). The report restates the Barkly farm-in with Meteoric, signed after year end, and board is unchanged. The text shown is truncated, so Yeelirrie details are not visible.
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.
