
Blaze Minerals Limited, a junior mining firm in Australia, says it will start drilling the Ntungamo mining project on January 25, 2025, the first time that such an activity will take place at that particular site.
Blaze says it has identified several drilling targets over the 60 square kilometer-tenement, and that the National Environment Management Authority has already given its approval of the project.
Results from the drilling campaign are expected in two months, in the last week of March.
Rock chip samples from the site indicate the presence of tin, lithium, berrylium and rubidium. Tin and lithium are metals that are critical in the global transition towards cleaner forms of energy through the production of electric batteries.
Blaze Minerals is confident that the Ntungamo project is quite promising as it adjoins the Mwerasandu tin mine, Uganda’s largest tin mine, which is being developed by H5 Resources Limited.
Blaze also says that the Ntungamo project lies within the Mesoproterozoic Kibaran belt – a 1500 km long orogenic belt that stretches from the mineral-rich Katanga in the Democratic Republic of the Congo into South West Uganda.
Blaze Minerals, which is also developing a tin project in Mityana district, completed the acquisition of a 60 per cent stake in Gecko Minerals Limited, the beneficial owner of the project, in early December 2024.