BLZ getting a mention here at unauthorised investment advice
Tennant Creek
On the Northern Territory side is Blaze International (ASX:BLZ), which counts well-known mining personalities Tolga Kumova and Klaus Eckhof as its strategic advisors.
Blaze, which has a market cap of $11 million, can earn an 80 per cent interest in the Barkly copper and gold project located around 30km east of the town of Tennant Creek. Emmerson Resources (ASX:ERM), meanwhile, is exploring and producing in Tennant Creek.
While the $37 million company has started small-scale production from its Edna Beryl gold mine, the broader Tennant Creek project is also very prospective for copper.
In April, Emmerson revealed it had uncovered grades of up to 11.4 per cent copper at its Jasper Hills prospect. Over 1.5 per cent copper is generally considered high-grade.
