Belararox Completes First Stage Fieldwork at Botswana Copper Belt Project; Shares Plunge Past 11%

MT Newswires Live

Apr 01, 2025

Belararox (ASX:BRX) completed mapping and soil sampling, reinterpretation of regional magnetics and gravity, and the review of geochemical data and the prospectivity of tenements at its Kalahari Copper Belt project in Botswana, according to a Tuesday Australian bourse filing.

The company identified 20 areas of interest through soil sample geochemistry across six tenements at the project, with well-correlated copper and zinc anomalies as the primary indicators.

The areas of interest and targets will be considered for further surveying, including ground-based gravity surveys, audio-magnetotellurics surveys, and airborne electromagnetic surveys, to define targets for drill testing.

The company plans to conduct a 2,000-meter reverse circulation drilling program to test these potential targets in July.

The company's shares fell past 11% in recent trading on Tuesday.

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