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Blaze Minerals ( (AU:BLZ) ) has issued an announcement.
Blaze Minerals Limited has completed a drilling program at the Ntungamo Project in western Uganda, targeting two pegmatite bodies with five diamond drill holes totaling 1,548 meters. The drilling aimed to explore the geometry and potential mineralization of these pegmatites, which are part of the Mesoproterozoic Kibaran Belt known for its critical metal deposits. Samples from the southern pegmatite have been sent for analysis, while those from the northern pegmatite are pending export clearance. The results from a separate project in Mityana showed no significant findings, highlighting the challenges in mineral exploration.
More about Blaze Minerals
Blaze Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects targeting critical metals such as beryllium, rubidium, neodymium, and praseodymium, with a particular emphasis on pegmatite bodies in regions like Uganda.
Current Market Cap: A$4.7M
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