I just found some very interesting info,
This was released by BLZ yesterday regarding board changes,
The Company is pleased to announce the appointment of Mr Vincent Hyde to the Board as non-Executive Director. Mr Hyde has over 40 years banking and corporate advisory experience. He previously held the role of Managing Director of a merchant bank for many years with his responsibilities including overall management and
performance of the operations in Australia, South East Asia, Republic of South Africa, United Kingdom, France, Germany and North America. Mr Hyde currently sits on the board of ASX listed company Prime Minerals Ltd, and is a member of the Australian Institute of Export and the National Institute of Accountants. An Appendix 3X isattached in respect of Mr Hyde’s appointment.
A bit of digging on Prime Minerals (PIM) and Mr Hyde revealed the following,
RADIOMETRIC SURVEY TARGETS URANIUM ANOMALIES AT LAKE MASON
Prime Minerals Limited (“Prime”) is pleased to announce it has now commenced a detailed airborne radiometric-magnetic survey over its Lake Mason uranium project area. Prime’s 100% owned Lake Mason uranium project lies 40 km to the south west of BHP Billiton’s Yeelirrie uranium deposit, which is the worlds largest calcrete uranium deposit containing 52,000t of uranium oxide. As well as close proximity, the Lake Mason and Yeelirrie lake systems have developed during similar climatic conditions over a similar granitoid basement. (Refer to Figure 1) The objective of the survey is to define surface radiometric anomalies additional to Prime’s Bolitho Bore, where minor exploration defined a pre-JORC target mineralisation of 170,000 kg (374,000 lbs) of uranium oxide. A secondary objective is to define litho/chemical and hydrological trap sites where uranium mineralisation has accumulated below the surface, followed by a detailed air core drilling program.
Prime holds two tenements totalling 400 square kilometres covering and surrounding Lake Mason. Within these tenements, data from the previously flown wide spaced airborne surveys indicates the presence of calcrete hosted uranium mineralisation, and previous air core drilling has shown that the majority of this mineralisation is “blind” or is covered by shallow recent lake sediments or alluvium. The detailed survey will greatly increase Prime’s knowledge of uranium distribution and allow prioritisation of targets for ground follow up. A total of 5,707 line kilometres will be flown at a line spacing of 100 metres and a sense height of 20 – 30 metres (Refer to Figure 2). The survey is expected to be completed by end of April with the results being interpreted by end of May. It is expected that ground reconnaissance, ground radiometric surveying, geological mapping and drill targeting will be completed mid year.Further Enquiries
Vincent Hyde
Chairman
Now this was BLZ's work program from yesterdays ann
The survey is expected to be completed by end of April with the results being interpreted by end of May. It is expected that ground reconnaissance, ground radiometric surveying, geological mapping and a detailed air core drilling program will follow.
Sounds like Mr Hyde has taken charge and he knows what he's doing!