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Belararox (ASX: $BRX) updates high-grade rock chip sample findings

Belararox provides update on high-grade rock chip sample findings


Belararox Ltd (ASX: $BRX) has reported high-grade rock chip sample assay results from its Belara Project tenures located in the East Lachlan Fold Belt, NSW. The samples ranged up to 4.99g/t Au, indicating the potential for orogenic gold occurrences within the project's tenures. The company's recent field campaign identified hydrothermal metamorphic gold mineralisation at three mineral occurrences, with an additional thirteen occurrences of placer and/or deep lead gold interpreted to be proximal to undiscovered gold mineralised sources.

Belararox's Managing Director comments on the findings


Belararox's Managing Director, Arvind Misra, highlighted the valuable insights gained from the recent fieldwork at the Belara project. He emphasized the project's potential for orogenic gold alongside base metals Mineral Resource Estimates, supported by rock chip sample assays reaching up to 4.99g/t Au. Misra also noted the presence of thirteen additional mineral occurrences hinting at undiscovered gold mineralized sources within the project's tenures.

Summary of Belararox's high-grade rock chip sample findings


Belararox's update on the high-grade rock chip sample findings at the Belara Project highlights the potential for orogenic gold occurrences within the East Lachlan Fold Belt, NSW. The company's exploration activities have identified hydrothermal metamorphic gold mineralisation at three mineral occurrences, with an additional thirteen occurrences of placer and/or deep lead gold interpreted to be proximal to undiscovered gold mineralised sources. The findings indicate promising signs of gold mineralization, paving the way for further exploration activities and target generation in the upcoming quarters.

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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