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Blaze Minerals Limited (ASX: BLZ), an ASX-listed mineral exploration firm, has finalized the acquisition of an 80% stake in Congo Shining SARL, owner of the Loulombo Base Metals Project in the Republic of the Congo. The project spans 195 km² and includes the Mimpala Target, a promising high-grade lead discovery with strong preliminary field results. Regulatory steps for a maiden drilling program—such as environmental and community engagement—are well underway, with a preferred contractor identified and mobilisation quotes pending.
In addition to the Congo venture, Blaze holds two projects in Uganda: The Ntungamo Project, located near the Mwirasandu Tin Mine and rich in critical minerals like gallium and rubidium, and the Mityana Project, which hosts a historic tantalite mine. Under the leadership of Managing Director Mathew Walker, the company continues to focus on high-margin, high-value deposits in resource-rich regions
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.