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Blaze Minerals Advances Exploration of Critical Minerals in Uganda and Australia

Mar 10, 2025

Blaze Minerals Limited (ASX: BLZ) is an ASX-listed exploration company focused on critical minerals and rare earth elements (REEs). Its flagship Ntungamo Project in Uganda spans 60 km² and targets rubidium, lithium, tin, and REEs within LCT-type pegmatites. Recent drilling (holes NT-DD-002 and NT-DD-003) revealed encouraging XRF results, highlighting high concentrations of rubidium, neodymium, and praseodymium, especially within mica-rich zones. Samples have been dispatched to ALS Johannesburg for further analysis. Drilling has now shifted to a larger northern pegmatite body. In addition, the company holds the Mityana Project in Uganda, which shows lithium potential, and the Kirkalocka Gold Project in Western Australia. With a strategic presence in high-potential regions, Blaze aims to unlock value through systematic exploration and targeting of high-grade, high-margin mineral deposits essential for modern technologies. The company is led by a strong management team and maintains a proactive drilling program to expand its resource base.

 

 

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