Project Overview

Yeelirrie Uranium Project

 Blaze is confident about the potential of their Yeelirrie tenements to host calcrete uranium mineralization. The Blaze Yeelirrie tenements contain extensions and palaeo catchment drainage areas from the world’s largest calcrete hosted uranium deposit (reported 52,000 tonnes of U3O8 at a grade of 1500ppm U3O8), owned by BHP Billiton (“BHPB”).
 
The Blaze tenement covers a net area in excess of 800 square kilometres, with potential to host calcrete uranium mineralisation.
 
Location
 
The Blaze Yeelirrie property is located around 70 kilometres south of the town of Wiluna, 110 kilometres northeast of Sandstone and 90 kilometres northwest of Leinster in the Murchison Mineral Field of Western Australia and adjoins BHP Billiton’s Yeelirrie Mining Leases which hosts the world’s largest calcrete deposit (reported 52,000 tonnes of U3O8 at a grade of 1500ppm U3O8).  The property is accessible by minor roads that take-off from the Goldfields Highway and the Agnew-Sandstone and Sandstone-Wiluna roads.(Refer to Figure 1 and 3)

Blaze is confident about the potential of their Yeelirrie tenements to host calcrete uranium mineralization. The Blaze Yeelirrie tenements contain extensions and palaeo catchment drainage areas from the world’s largest calcrete hosted uranium deposit (reported 52,000 tonnes of U3O8 at a grade of 1500ppm U3O8), owned by BHP Billiton (“BHPB”).

The Blaze tenement covers a net area in excess of 800 square kilometres, with potential to host calcrete uranium mineralisation.
 
Geology and Uranium Mineralisation
 
Uranium mineralization in the area is present within calcrete that has formed along drainage lines. Intense leaching of the weathered Archean granite bedrock produced ground waters that contain potassium, uranium and vanadium.  Previous exploration in the general area was undertaken mainly during the 1970s.
 
Detailed systematic exploration was undertaken in the evaluation of the Yeelirrie deposit. Work outside the Yeelirrie deposit was limited and sporadic in nature.  Exploration potential of Blaze’s Yeelirrie property for uranium mineralisation arises from two geological situations.  The first of these is extensions to the main drainage system that contains the Yeelirrie uranium deposit.  Away from the main drainage channel, there is evidence that evaporative concentration of ground waters may have occurred on tributaries to the main drainage.
 
Blaze initially acquired and processed 400 metre line spaced airborne radiometric and magnetic data for the Yeelirrie area, which has now been interpreted in conjunction with Landsat TM data.  The evidence suggests that much of the Yeelirrie landholdings is highly prospective for calcrete hosted uranium deposits, either along the main Yeelirrie drainage channel or in tributaries to the main channel.
 
The calcrete hosted uranium mineralisation at BHPB’s Yeelirrie deposit constitutes the target model for the type of deposit for which exploration will be undertaken in the Yeelirrie property area.
 
Field Survey
 
A field survey was carried out by Blaze. The objective was to locate uranium bearing calcrete deposits within Blaze’s tenement holdings, outside of BHP Billiton’s mining leases. A GR-100 G/E portable gamma ray scintillometer was in constant operation mode during the entire survey.
 
Important conclusions from this field work are listed below:
 
  • Calcrete was observed in the main Yeelirrie drainage channel and within the tributaries to the main channel.  There is potential for mineralised calcrete deposits to be found within the drainage systems of the Blaze tenements.
  •  A thin layer of sandy/ clayey soil will mask efficiently the radioactivity of an underlying source.
  • Areas of granite outcrop are not considered target areas.
  • The presence of an extensive sandy/ clayey cover severely impeded visual observation and exploration.
  • Future exploration will include the use of a tractor or 4WD mounted small rig to test areas targeted from airborne radiometric data.

PIXE and KEMELEON

PIXE is a pre-compression filter that works alongside industry standard CODECS to improve the compression attributes of video transmission, especially targeting low bandwidth mobile and wireless sectors of the market.
 
Kemeleon is a Multimedia Messaging Platform and Service that utilises the original Famous 3d animation engine to produce character based MMS messages. Our initial target markets being Asian Mobile Telephony operators.
 
Both PIXE and Kemeleon have continued to perform below expectations and have struggled to gain industry and commercial acceptance.
 
The Board are of the view that significant resources and funds would be required to further enhance both products and are, therefore, evaluating the future directions of these businesses.