BLZ 40.0% 0.7¢ blaze minerals limited

Ann: Option to Acquire Lithium Project-BLZ.AX, page-2

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  1. 103 Posts.
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    HIGHLIGHTS
     Blaze has secured an option to acquire a Lithium exploration project in Marble Bar, Western Australia.  The Project contains a Lithium (Spodumene and Lepidolite) bearing pegmatite swarm, with a strike length of 3.5km (within a 4km wide corridor).
     Sampling has returned an assay high of 3.72% Li2O, with an average of 1.85% Li2O.
     Exploration activities will commence immediately (see page 6).
     Favourable option terms (see page 7).
     X-Ray Powder Diffraction (XRD) analysis, and petrology, has confirmed the occurrence of Spodumene in pegmatite samples.
     Project maintains the potential to identify further Lithium bearing pegmatites within the current corridor and elsewhere in the project area.
     The Marble Bar region has the potential to become a new Lithium province in the East Pilbara.
 
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