BLZ: Annual report to shareholders

Original announcement by asx on

Company
Blaze Minerals Ltd
Ticker
BLZ
Exchange
ASX
Region
Unavailable
Primary commodity
Unavailable
Secondary commodities
None reported
Document categories
Drill results, Agreement transaction, Capital raise, Other, Resource update
Extracted
2026-09-29 14:49:05 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Blaze Minerals Ltd's annual report for 2026 outlines its mineral exploration activities across multiple regions, including new project acquisitions in Botswana and Uganda, and ongoing capital raising efforts. The company reported a financial loss and withdrew from the Loulombo and Kyara projects, with a material uncertainty noted regarding its ability to continue as a going concern. Exploration highlights include a copper-in-soil anomaly in Botswana and high-grade tungsten samples from a newly acquired Ugandan project.

Reasoning: The annual report details a year of mixed operational and financial performance for Blaze Minerals Ltd. While the company made new project acquisitions and raised capital, it also faced financial challenges, withdrew from certain projects, and reported no significant results from some drilling campaigns, leading to a cautious outlook.

Positive factors

  • New project acquisitions in Botswana and Uganda
  • Successful capital raises
  • High-grade channel and grab samples from Bahati tungsten project
  • Copper-in-soil anomaly discovered at Dinokwe

Negative factors

  • Material uncertainty regarding going concern
  • Withdrawal from Loulombo and Kyara projects
  • Impairment of exploration expenditure
  • No significant results from Mityana drilling
  • Reliance on historical data for some project potential

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 71

Classification and evidence

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The document reports XRF readings and channel samples without disclosing QA/QC procedures, certified labs, or QP/CP sign-off for these specific results.

Evidence · text

“Significant spot XRF readings of grab samples that had visible malachite, chalcopyrite and galena reported 4.17% Cu, 3.66% Cu, 3.16% Cu, 5.52% and Pb 2.79% Pb.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Channel samples are reported with length but no true width or drill orientation, meaning the reported length may overstate true thickness.

Evidence · text

“two exceptionally high grade channel samples of 1.0 metre @ 20.78% WO3 and 0.8 metres @ 20.22% WO3”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The document refers to previous ASX announcements for Ntungamo drilling results and Mityana historical lithium values, indicating these are not new assays.

Evidence · text

“Please refer to the ASX releases on 11 June 2025 and 2 September 2025 titled “Ntungamo Drilling Results” for details of all assays.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The value proposition for the Botswana projects is heavily based on their location 'within and adjacent to a world class geological corridor known as the Kalahari Copper Belt' and the Dinokwe project's lithological similarities to the 'Selebi-Phikwe copper-nickel deposit'.

Evidence · text

“The Botswana Projects are within and adjacent to a world class geological corridor known as the Kalahari Copper Belt (KCB), as well as the Limpopo Mobile Belt (LMB), and Molopo Farms Complex (MFC) in Botswana.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The Uganda tungsten projects are described as 'inclusive of, and adjacent to, several high-grade historical producing tungsten mines'.

Evidence · text

“On 3 September 2026 the Company announced it has entered into a binding agreement to acquire up to a 90% interest in two projects in Uganda, inclusive of, and adjacent to, several high-grade historical producing tungsten mines including the Bahati, Nyanga, Bulunga and Buyaga mines.”

Inferred Resourcenegative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Selebi-Phikwe deposit, used as a regional comparison, is reported as having inferred resources.

Evidence · text

“Selebi-Phikwe copper-nickel deposit (inferred resources of 24.7 Mt at 1.50% Cu and 0.92% Ni)”

Inferred Resourcenegative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Khoemacau Project Zone 5, used as a regional comparison, is reported as having a significant inferred resource component.

Evidence · text

“64 Mt at 1.8% Cu inferred resources”

Extracted facts

Stored fact records: 42. Some facts used in scoring do not have a stored record.

Drill Results (35)

Fact 1Dinokwe · copperGrade: 288Grade Unit: ppmView all details
Link to this fact

Identity

Project
Dinokwe
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
288
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
PL046
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The discovery of a significant copper-in-soil anomaly at PL046 suggests potential for new mineralization and warrants further follow-up.

Positive factors

  • Discovery of copper-in-soil anomaly
  • Significant strike length and width
  • Indicative of new style of mineralisation

Evidence · text

“a copper-in-soil anomaly on PL046, with values up to 288ppm Cu reported, extending over approximately 1000m strike by 100m width.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Sunnyside target · nickelGrade: 0.75Grade Unit: %Intercept: 18.64 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Sunnyside target
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.75
Grade Unit
%
Intercept
18.64 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a historical drill result from another company, providing regional exploration context rather than new results for Blaze Minerals Ltd.

Positive factors

  • Historical high-grade intercept in the region

Negative factors

  • Historical data from another company

Evidence · text

“18.64m @ 0.75% Ni, 0.55% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 3Sunnyside target · copperGrade: 0.55Grade Unit: %Intercept: 18.64 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Sunnyside target
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.55
Grade Unit
%
Intercept
18.64 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a historical drill result from another company, providing regional exploration context rather than new results for Blaze Minerals Ltd.

Positive factors

  • Historical high-grade intercept in the region

Negative factors

  • Historical data from another company

Evidence · text

“18.64m @ 0.75% Ni, 0.55% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 4Krokodil Prospect · copperGrade: 4.17Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
4.17
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in grab samples from Krokodil Prospect indicates strong mineralization, though grab samples are not fully representative.

Positive factors

  • High-grade copper in grab sample
  • Visible mineralization

Negative factors

  • Grab samples are not representative

Evidence · text

“4.17% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Krokodil Prospect · copperGrade: 3.66Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
3.66
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in grab samples from Krokodil Prospect indicates strong mineralization, though grab samples are not fully representative.

Positive factors

  • High-grade copper in grab sample
  • Visible mineralization

Negative factors

  • Grab samples are not representative

Evidence · text

“3.66% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 6Krokodil Prospect · copperGrade: 3.16Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
3.16
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in grab samples from Krokodil Prospect indicates strong mineralization, though grab samples are not fully representative.

Positive factors

  • High-grade copper in grab sample
  • Visible mineralization

Negative factors

  • Grab samples are not representative

Evidence · text

“3.16% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 7Krokodil Prospect · leadGrade: 5.52Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
5.52
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade lead in grab samples from Krokodil Prospect indicates strong mineralization, though grab samples are not fully representative.

Positive factors

  • High-grade lead in grab sample
  • Visible mineralization

Negative factors

  • Grab samples are not representative

Evidence · text

“5.52%”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 8Krokodil Prospect · leadGrade: 2.79Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
2.79
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade lead in grab samples from Krokodil Prospect indicates strong mineralization, though grab samples are not fully representative.

Positive factors

  • High-grade lead in grab sample
  • Visible mineralization

Negative factors

  • Grab samples are not representative

Evidence · text

“2.79% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 9Krokodil Prospect · copperGrade: 1.03Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
1.03
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in rock-chip samples from Krokodil Prospect indicates strong mineralization, though rock-chip samples are not fully representative.

Positive factors

  • High-grade copper in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“1.03% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 10Krokodil Prospect · leadGrade: 0.17Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.17
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Lead presence in rock-chip samples from Krokodil Prospect indicates polymetallic potential, though rock-chip samples are not fully representative.

Positive factors

  • Lead presence in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“0.17% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 11Krokodil Prospect · copperGrade: 0.62Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.62
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Copper presence in rock-chip samples from Krokodil Prospect indicates mineralization, though rock-chip samples are not fully representative.

Positive factors

  • Copper presence in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“0.62% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 12Krokodil Prospect · copperGrade: 0.58Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.58
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Copper presence in rock-chip samples from Krokodil Prospect indicates mineralization, though rock-chip samples are not fully representative.

Positive factors

  • Copper presence in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“0.58% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 13Krokodil Prospect · zincGrade: 1.05Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
zinc
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
1.05
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade zinc in rock-chip samples from Krokodil Prospect indicates strong mineralization, though rock-chip samples are not fully representative.

Positive factors

  • High-grade zinc in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“1.05% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 14Krokodil Prospect · leadGrade: 0.95Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.95
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Lead presence in rock-chip samples from Krokodil Prospect indicates polymetallic potential, though rock-chip samples are not fully representative.

Positive factors

  • Lead presence in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“0.95% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 15Krokodil Prospect · zincGrade: 0.68Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
zinc
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.68
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Zinc presence in rock-chip samples from Krokodil Prospect indicates mineralization, though rock-chip samples are not fully representative.

Positive factors

  • Zinc presence in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“0.68% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 16Krokodil Prospect · leadGrade: 1.83Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
1.83
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade lead in rock-chip samples from Krokodil Prospect indicates strong mineralization, though rock-chip samples are not fully representative.

Positive factors

  • High-grade lead in rock-chip sample

Negative factors

  • Rock-chip samples are not representative

Evidence · text

“1.83% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 17Krokodil Prospect · copperGrade: 8.59Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
8.59
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Exceptionally high-grade copper in channel samples from Krokodil Prospect confirms strong mineralization within the trenching area.

Positive factors

  • Exceptionally high-grade copper in channel sample

Evidence · text

“8.59% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 18Krokodil Prospect · leadGrade: 0.38Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.38
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Lead presence in channel samples from Krokodil Prospect indicates polymetallic potential.

Positive factors

  • Lead presence in channel sample

Evidence · text

“0.38% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 19Krokodil Prospect · zincGrade: 0.23Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
zinc
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.23
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Zinc presence in channel samples from Krokodil Prospect indicates polymetallic potential.

Positive factors

  • Zinc presence in channel sample

Evidence · text

“0.23% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 20Krokodil Prospect · copperGrade: 5.86Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
5.86
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in channel samples from Krokodil Prospect confirms strong mineralization within the trenching area.

Positive factors

  • High-grade copper in channel sample

Evidence · text

“5.86% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 21Krokodil Prospect · leadGrade: 0.17Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.17
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Lead presence in channel samples from Krokodil Prospect indicates polymetallic potential.

Positive factors

  • Lead presence in channel sample

Evidence · text

“0.17% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 22Krokodil Prospect · zincGrade: 0.35Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
zinc
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
0.35
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Zinc presence in channel samples from Krokodil Prospect indicates polymetallic potential.

Positive factors

  • Zinc presence in channel sample

Evidence · text

“0.35% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 23Krokodil Prospect · copperGrade: 3.23Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
3.23
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade copper in channel samples from Krokodil Prospect confirms strong mineralization within the trenching area.

Positive factors

  • High-grade copper in channel sample

Evidence · text

“3.23% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 24Krokodil Prospect · leadGrade: 2.96Grade Unit: %View all details
Link to this fact

Identity

Project
Krokodil Prospect
Commodity
lead
Region
botswana
Reported Region
botswana
Ticker
BLZ

Geometry

Grade
2.96
Grade Unit
%

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade lead in channel samples from Krokodil Prospect indicates strong polymetallic potential.

Positive factors

  • High-grade lead in channel sample

Evidence · text

“2.96% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 25NtungamoNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Ntungamo
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Hole Depth
1548 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The completion of a 1,548-meter drilling program at Ntungamo provides geological data for understanding pegmatite geometry and mineralization.

Positive factors

  • Completion of drilling program
  • Targeting pegmatite bodies

Evidence · text

“A total of five diamond drill holes targeting two pegmatite bodies were completed during the Ntungamo drilling campaign for a total of 1,548 metres.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 26Ntungamo · galliumHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Ntungamo
Commodity
gallium
Region
uganda
Reported Region
uganda
Ticker
BLZ

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-06-11T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Assay results from previous drilling confirmed a critical mineral discovery for gallium, indicating potential for the project.

Positive factors

  • Confirmation of critical mineral discovery

Negative factors

  • Results previously announced

Evidence · text

“Assays results returned for all drill holes confirm a new critical mineral discovery for gallium and rubidium. Please refer to the ASX releases on 11 June 2025 and 2 September 2025 titled “Ntungamo Drilling Results” for details of all assays.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 27Ntungamo · rubidiumHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Ntungamo
Commodity
rubidium
Region
uganda
Reported Region
uganda
Ticker
BLZ

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-06-11T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Assay results from previous drilling confirmed a critical mineral discovery for rubidium, indicating potential for the project.

Positive factors

  • Confirmation of critical mineral discovery

Negative factors

  • Results previously announced

Evidence · text

“Assays results returned for all drill holes confirm a new critical mineral discovery for gallium and rubidium. Please refer to the ASX releases on 11 June 2025 and 2 September 2025 titled “Ntungamo Drilling Results” for details of all assays.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 28Mityana · lithiumGrade: 8.13Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mityana
Commodity
lithium
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
8.13
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical lithium values from surface samples indicate potential but are not new results and may not be representative of the deposit.

Positive factors

  • High-grade historical lithium values

Negative factors

  • Historical data, not new results
  • Surface samples not representative

Evidence · text

“Lithium oxide values of up to 8.13% Li2O were assayed by Gecko Uganda from amblygonite boulders in waste dumps from historical tantalite mining activities.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 29MityanaNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mityana
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Hole Depth
587 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
ALS

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The drilling program at Mityana did not return significant results, indicating a lack of economic mineralization in the tested areas.

Positive factors

  • Drilling completed to test pegmatite

Negative factors

  • No significant results returned

Evidence · text

“A total of three (3) diamond drill holes were successfully completed in late December 2024 for a total of 587 meters. All holes were logged, and zones of potential mineralisation sent to ALS in Johannesburg, South Africa, for multi-element analysis following grant of an export permit. Assays have been received with no significant results returned.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 30Bahati · tungstenGrade: 20.78Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
20.78
Grade Unit
%
Intercept
1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: An exceptionally high-grade channel sample from the Bahati mine strongly confirms the project's high-grade tungsten potential.

Positive factors

  • Exceptionally high-grade channel sample
  • Confirms high-grade potential

Evidence · text

“1.0 metre @ 20.78% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 31Bahati · tungstenGrade: 20.22Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
20.22
Grade Unit
%
Intercept
0.8 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: An exceptionally high-grade channel sample from the Bahati mine strongly confirms the project's high-grade tungsten potential.

Positive factors

  • Exceptionally high-grade channel sample
  • Confirms high-grade potential

Evidence · text

“0.8 metres @ 20.22% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 32Bahati · tungstenGrade: 3.03Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
3.03
Grade Unit
%
Intercept
2 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A high-grade channel sample from the Bahati mine confirms the project's high-grade tungsten potential.

Positive factors

  • High-grade channel sample
  • Confirms high-grade potential

Evidence · text

“2 metres @ 3.03% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 33Bahati · tungstenGrade: 6.79Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
6.79
Grade Unit
%
Intercept
1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A very high-grade channel sample from the Bahati mine strongly confirms the project's high-grade tungsten potential.

Positive factors

  • Very high-grade channel sample
  • Confirms high-grade potential

Evidence · text

“1.0 metre @ 6.79% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 34Bahati · tungstenGrade: 2.27Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
2.27
Grade Unit
%
Intercept
1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A high-grade channel sample from the Bahati mine confirms the project's high-grade tungsten potential.

Positive factors

  • High-grade channel sample
  • Confirms high-grade potential

Evidence · text

“1.0 metre @ 2.27% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 35Bahati · tungstenGrade: 56.23Grade Unit: %View all details
Link to this fact

Identity

Project
Bahati
Commodity
tungsten
Region
uganda
Reported Region
uganda
Ticker
BLZ

Geometry

Grade
56.23
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: An exceptionally high-grade grab sample from the Bahati mine indicates bonanza-grade tungsten potential, though grab samples are not fully representative.

Positive factors

  • Exceptionally high-grade grab sample
  • Confirms bonanza grade potential

Negative factors

  • Grab samples are not representative

Evidence · text

“exceptionally high grade grab sample of 56.23% WO3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (7)

inferredSelebi-Phikwe · copperTonnes: 24700000Grade: 1.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Selebi-Phikwe
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
BLZ

Resource scope

Estimate type
resource
Resource group id
resource:9a42a95e54d9ed01e353

Resource Data

Category
inferred
Tonnes
24700000
Grade
1.5
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The reference to the Selebi-Phikwe deposit provides regional context but is historical and not a resource for Blaze Minerals Ltd.

Positive factors

  • Reference to nearby significant deposit

Negative factors

  • Historical data, not directly related to company's resource

Evidence · text

“Selebi-Phikwe copper-nickel deposit (inferred resources of 24.7 Mt at 1.50% Cu and 0.92% Ni)”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredSelebi-Phikwe · nickelTonnes: 24700000Grade: 0.92Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Selebi-Phikwe
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
BLZ

Resource scope

Estimate type
resource
Resource group id
resource:9a42a95e54d9ed01e353

Resource Data

Category
inferred
Tonnes
24700000
Grade
0.92
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The reference to the Selebi-Phikwe deposit provides regional context but is historical and not a resource for Blaze Minerals Ltd.

Positive factors

  • Reference to nearby significant deposit

Negative factors

  • Historical data, not directly related to company's resource

Evidence · text

“Selebi-Phikwe copper-nickel deposit (inferred resources of 24.7 Mt at 1.50% Cu and 0.92% Ni)”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

measuredKhoemacau Project Zone 5 · copperTonnes: 13000000Grade: 1.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Khoemacau Project Zone 5
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
BLZ

Resource scope

Estimate type
resource
Resource group id
resource:5b2099a98607ca6661ab

Resource Data

Category
measured
Tonnes
13000000
Grade
1.8
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The reference to the Khoemacau Project provides regional context but is historical and not a resource for Blaze Minerals Ltd.

Positive factors

  • Reference to nearby significant deposit

Negative factors

  • Historical data, not directly related to company's resource

Evidence · text

“13 Mt at 1.8% Cu measured”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedKhoemacau Project Zone 5 · copperTonnes: 31000000Grade: 1.6Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Khoemacau Project Zone 5
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
BLZ

Resource scope

Estimate type
resource
Resource group id
resource:86cecc28293dd6ef7fb5

Resource Data

Category
indicated
Tonnes
31000000
Grade
1.6
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The reference to the Khoemacau Project provides regional context but is historical and not a resource for Blaze Minerals Ltd.

Positive factors

  • Reference to nearby significant deposit

Negative factors

  • Historical data, not directly related to company's resource

Evidence · text

“31 Mt at 1.6% Cu indicated”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredKhoemacau Project Zone 5 · copperTonnes: 64000000Grade: 1.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Khoemacau Project Zone 5
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
BLZ

Resource scope

Estimate type
resource
Resource group id
resource:2410b3b3758718ac0aa0

Resource Data

Category
inferred
Tonnes
64000000
Grade
1.8
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The reference to the Khoemacau Project provides regional context but is historical and not a resource for Blaze Minerals Ltd.

Positive factors

  • Reference to nearby significant deposit

Negative factors

  • Historical data, not directly related to company's resource

Evidence · text

“64 Mt at 1.8% Cu inferred resources”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 6Bahati Project · tungstenGrade: 1Grade Unit: % WO3Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bahati Project
Commodity
tungsten
Region
uganda
Reported Region
Uganda
Ticker
BLZ

Resource scope

Resource group id
resource:4ad962d579455b50a428

Resource Data

Grade
1
Grade Unit
% WO3

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical production figures from the Bahati mine indicate past tungsten mineralization, providing context for the new acquisition.

Positive factors

  • Historical production and grade

Negative factors

  • Historical data, not current resource

Evidence · text

“produced ~270 tons of wolfram at a grade of between 1.0% and 2.2% WO3”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 7Bahati Project · tungstenGrade: 2.2Grade Unit: % WO3Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bahati Project
Commodity
tungsten
Region
uganda
Reported Region
Uganda
Ticker
BLZ

Resource scope

Resource group id
resource:4ad962d579455b50a428

Resource Data

Grade
2.2
Grade Unit
% WO3

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical production figures from the Bahati mine indicate past tungsten mineralization, providing context for the new acquisition.

Positive factors

  • Historical production and grade

Negative factors

  • Historical data, not current resource

Evidence · text

“produced ~270 tons of wolfram at a grade of between 1.0% and 2.2% WO3”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.