Belarox Ltd (ASX:BRX) is soon to kick off a 6,000m diamond tipped drill run on-site its ‘TMT Project’ in Argentina on the hunt for copper and gold.
Targeting the Malambo and Tambo South prospects, this campaign effectively kicks off the company’s FY25 field program. (The TMT Project stands for Toro – Malambo – Tambo.)
Those prospects have been selected on the back of geochem data which leaves the company’s technicians theorising a mineralised system exists within 600m from the surface for Malambo and within 700m for Tambo South.
At both prospects, the company also believes there could be shallower-yet targets to explore.
The installation of drill pads is still on-going following the recent re-opening of the Toro mining camp, located in the Valle del Cura region, part of Argentina’s San Juan province.
In the backgrounds, geologists are on-site continuing to scour the grounds for other targets of interest.
“This is a very exciting time for the company as we are about to commence our maiden drill program at Malambo,” Belarox Exploration Manager Jason Ward said.
“The prospect shows classic geochemical and alteration signatures for a porphyry deposit, and it is in the right geological setting surrounded by world-class deposits.
There has never been a drill hole into it, so I think we have good reason to be excited. ”
BRX last traded at 24cps.
Join the discussion: See what HotCopper users are saying about Bleary and be part of the conversations that move the markets.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。