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The latest announcement is out from Blaze Minerals ( (AU:BLZ) ).
Blaze Minerals has reported further encouraging exploration results from the newly named Krokodil Prospect, a copper-in-soil anomaly on licence PL046 within its Dinokwe Base Metals Project in Botswana. Rock-chip sampling over a 1,000 by 100 metre zone returned significant handheld XRF readings for copper, lead and zinc, indicating a polymetallic system associated with an interpreted fault zone and related structures.
The company plans an extensive trenching programme across the anomaly to pinpoint in-situ mineralisation and any parallel structures before designing a potential drilling campaign. These steps mark a progression from early-stage geochemical discovery towards more advanced exploration, potentially enhancing Blaze’s position in a belt that already hosts major deposits and supporting the project’s strategic significance for stakeholders.
More about Blaze Minerals
Blaze Minerals Limited is an Australian-listed explorer focused on base metals, with current activities centred on the Dinokwe Project in Botswana’s Limpopo Mobile Belt. The project spans about 1,771 square kilometres in a region known for significant copper, nickel, lead, zinc and other polymetallic deposits, positioning the company in a prospective African mining corridor.
Current Market Cap: A$2.88M
See more data about BLZ stock on TipRanks’ Stock Analysis page.