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Belararox (ASX: $BRX) progresses fieldwork at Tambo South target

Belararox Ltd (ASX: $BRX) provides update on TMT Project


Belararox Ltd (ASX: $BRX) has announced progress at the Tambo South target, the fifth out of twelve identified targets at the Toro-Malambo-Tambo (TMT) Project in Argentina. The company, specializing in clean energy metals, particularly copper, has confirmed the presence of a complex of multiple stages of intrusions and hydrothermal alteration assemblages at the Tambo South target. The integration of mapping data with geochemical results will assist in defining the metal zoning and erosional level of the magmatic-hydrothermal system at Tambo South.

Executive commentary on Tambo South target


Jason Ward, Exploration Director - Argentina, commented, 'Initial exploration at Tambo South shows a complex geological environment with multiple intrusive events, breccias, strong fracturing, and high-level quartz veining, characteristic of the upper levels of a porphyry system or high-sulphidation epithermal system. Geochemical results and airborne magnetics will sharpen our understanding, and we eagerly anticipate drill testing these targets this year.' Arvind Misra, Managing Director, added, 'The Tambo South target is in the mineral belts that span South America. Operating mines that target porphyry and/or epithermal copper-gold-silver-molybdenum mineralization are well-capitalised and near the TMT Project. The TMT Project is in an established mining region, with a continued focus on locating economic mineralisation in a supportive mining jurisdiction.'

Summary of TMT Project update


Belararox Ltd (ASX: $BRX) has made significant progress at the Tambo South target within the TMT Project, confirming the presence of a complex geological environment with characteristics of a high-sulphidation epithermal system or the upper levels of a porphyry system. The company plans to provide updates encompassing findings in geology, geochemistry, geophysics, and drilling targets for the primary focus areas including Toro South, Toro Central, Toro North, Malambo, and Tambo South. The upcoming activities at the TMT Project include interpretation of sampling programs, continuation of surface geochemical sampling and geological mapping, environmental baseline establishment, geophysical assessments, water sampling, and progressing the water permit for drilling operations. The company anticipates receiving final surface sample results from the Tambo South within the June Quarter and completing the interpretation of the results by the end of the same quarter.

BELARAROX LIMITED
BRX | ASX | Materials
0.290(+0%)
At close 05/07 (AEDT)
Market cap
$24.7M
Volume
323,467
DY Yield
0
PE Ratio
0
52 Week Range
0.125 - 0.635
1YR Return
N / A

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