Blaze International (ASX:BLZ) has been granted trading halt, with its shares placed in pre-open.
Blaze is set to reveal drilling results from its Barkly project, along with the completion of a capital raising.
The company is earning an 80% interest in the Barkly Project, which is located in the Tennant Creek Mineral Field (TCMF) of the Northern Territory.
The priority is the Bluebird prospect, which is directly comparable with other TCMF deposits.
Adding to the prospectivity of the area, high grades historically produced include Peko (3.6 million tonnes 3.5g/t gold and 4% copper) and Nobles Nob (2 million tonnes at 17g/t gold, 1.1Moz).
Both of these are located within 20 kilometres of the Barkly Project.
The halt will remain in place until the opening of trade on Thursday 24th July 2014, or earlier if an announcement is made to the market.
News: Blaze International to reveal Barkly results, raise funds
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