Latest Blaze Minerals (ASX:BLZ) News

Blaze Minerals reported a narrower FY2026 loss, but ended the year with just $43,552 in cash and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The company is relying on shareholder-approved funding, a proposed 20:1 consolidation and a conditional Ugandan tungsten acquisition to reshape its next phase.

Small-cap shares produced another uneven week, led by a major fall in Corporate Travel Management and strong gains in energy, gas and takeover stocks.
Investors rewarded rising profits and new deals, but sold several companies despite promising project news.

Blaze Minerals has struck a binding deal to acquire a majority interest in two historically rich tungsten projects in Uganda, backed by a $2.25 million capital raise to fund exploration and acquisition costs.

Blaze Minerals has reported significant copper, lead, and zinc mineralisation at its Krokodil Prospect within Botswana’s Dinokwe Project, supported by trenching and rock-chip sampling results. The company is advancing exploration amid tight cash reserves, aiming for a capital raise to sustain operations.

Blaze Minerals has completed a 443-metre trenching campaign at its Krokodil Prospect in Botswana, confirming in-situ copper, lead, and zinc mineralisation with notable spot XRF readings. Laboratory assay results are expected in 6-8 weeks as the company plans further soil sampling to extend the target zone.

Blaze Minerals has uncovered significant copper, lead, and zinc mineralisation at its newly named Krokodil Prospect within the Dinokwe Project, setting the stage for trenching and potential drilling in Botswana’s Limpopo Mobile Belt.

Blaze Minerals has secured a binding agreement to acquire up to 90% interest in three extensive Botswana exploration projects, targeting copper, nickel, and precious metals within world-class geological belts. Field activities are set to commence imminently, marking a significant step in the company’s growth strategy.

Blaze Minerals has confirmed a new critical mineral discovery of gallium and rubidium at its Ntungamo Project in Uganda, while withdrawing from its Congo base metals venture due to security concerns.

Blaze Minerals has halted drilling at its Loulombo Project in the Republic of the Congo due to security concerns linked to its local partner's alleged contractual failures. The company is actively seeking resolution while the drill rig remains onsite.

Blaze Minerals has mobilised drilling at its promising Loulombo Project in the Republic of the Congo, following exceptional base and critical metals sampling. Meanwhile, its Ugandan Ntungamo Project confirms new critical mineral discoveries, underpinning a recent $2.4 million capital raise.

Blaze Minerals has reported outstanding channel sample results for critical metals gallium and germanium at its Loulombo Project in the Republic of the Congo, setting the stage for an imminent reverse circulation drilling campaign.

Blaze Minerals has confirmed a new critical mineral discovery at its Ntungamo Project in Uganda, reporting high-grade Gallium and Rubidium intercepts from recent diamond drilling.