Belararox Ltd (ASX: $BRX) has announced the approval of the Environmental Impact Assessment (EIA) for the Toro-Malambo-Tambo (TMT) Project's Lola Target in Argentina. This approval allows the company to commence advanced exploration activities immediately, following the successful EIA for the Lola Target.
The approval of the Lola EIA enables the TMT project to progress fieldwork activities north in a systematic fashion at one of the priority targets identified by exploration porphyry expert Dr Steve Garwin. The persistence of the Argentinean Team in communicating with the San Juan Environmental and Mines Department has resulted in speedy approval of the EIA. The Company thanks the Argentinean Team for their efforts in the field season, and we look forward to receiving the final (Malambo 4) EIA approval soon.
Belararox Ltd (ASX: $BRX) has achieved the approval of the Lola Target EIA, marking a significant milestone for the TMT Project in Argentina. The company's focus on local partnerships and responsible exploration has garnered attention at the PDAC Conference, with Tier 1 mining companies expressing interest in the TMT Project's prospectivity. The upcoming activities at the TMT Project include the continuation of soil and rock chip sampling, interpretation of sampling programs, logistical preparations for surface geochemical sampling, and environmental baseline establishment. Belararox remains committed to building local partnerships and advancing exploration operations in an environmentally and socially responsible manner.