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Blaze Minerals Advances Loulombo Project with Key Acquisition

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Blaze Minerals Advances Loulombo Project with Key Acquisition

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The latest update is out from Blaze Minerals ( (AU:BLZ) ).

Blaze Minerals Limited has completed the acquisition of an 80% shareholding in Congo Shining SARL, which owns the Loulombo Base Metals Project in the Republic of the Congo. The project, which spans 195km², includes the promising Mimpala Target, where preliminary field activities have shown exceptional results. The company is advancing regulatory requirements for a maiden drilling campaign, including an Environmental Impact Assessment and Community Engagement. A preferred drilling contractor has been identified, and the company is finalizing the drilling contract, marking significant progress in their exploration efforts.

More about Blaze Minerals

Blaze Minerals Limited operates in the mining industry, focusing on the exploration and development of base metals. The company is involved in projects that aim to discover and develop mineral resources, with a particular emphasis on high-grade discoveries.

Current Market Cap: A$5.34M

See more data about BLZ stock on TipRanks’ Stock Analysis page.

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