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Blaze Minerals Reports Promising Initial Results from Ntungamo Project

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Blaze Minerals Reports Promising Initial Results from Ntungamo Project

Blaze Minerals Limited ( (AU:BLZ) ) has shared an announcement.

Blaze Minerals Limited has announced the completion of its first diamond drill hole at the Ntungamo Project in Uganda, aimed at exploring critical metals and rare earth elements within pegmatites. Initial XRF results have shown promising levels of rubidium and REEs like neodymium and praseodymium, which are vital for technology and renewable energy applications. The company plans to accelerate its sampling and drilling efforts to further explore the project’s potential, with assay results from core samples pending.

More about Blaze Minerals Limited

Blaze Minerals Limited is a company engaged in the exploration of critical metals and rare earth elements (REEs), focusing on LCT-type pegmatites and associated granitoids. The company’s market focus includes the technology and renewable energy sectors, which utilize these critical elements.

Current Market Cap: A$5.48M

Learn more about BLZ stock on TipRanks’ Stock Analysis page.

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