Belararox Says Geophysics Results Confirm Copper System at Argentina Project; Shares Rise 3%

MT Newswires Live

2025/01/29

Belararox (ASX:BRX) said geophysics results confirmed a copper porphyry system at the Malambo prospect at its Toro-Malambo-Tambo project in Argentina, according to a Wednesday Australian bourse filing.

The company completed a drone magnetic survey to enhance understanding of the predicted porphyry metal zoning models.

The results provide further support for the selected drill hole locations, according to the firm's managing director, Arvind Misra.

A two-hole drilling program is scheduled to start at the prospect after the upgrade of the access road to safety standards.

The firm's shares rose past 3% in recent trading on Wednesday.

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