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Belararox Ltd. ( (AU:BRX) ) has shared an announcement.
Belararox Limited announced the confirmation of a copper porphyry system at its Malambo prospect through recent geophysics results, including a drone magnetic survey and Magnetization Vector Inversion modelling. This development supports the company’s plans to initiate a two-hole drilling program to further investigate the geological anomalies detected, which align with established porphyry metal zoning models. The announcement signals a strategic step in enhancing the company’s exploration capabilities and potentially strengthens its position in the copper mining sector.
More about Belararox Ltd.
Belararox Limited is a company focused on mineral exploration and development, primarily in the copper industry. It is involved in the exploration of porphyry copper systems, such as the Malambo prospect in the Toro-Malambo-Tambo (TMT) Project in Argentina’s San Juan Province.
YTD Price Performance: -2.78%
Average Trading Volume: 331,441
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$25.19M
Learn more about BRX stock on TipRanks’ Stock Analysis page.
