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The latest update is out from Belararox Ltd. ( (AU:BRX) ).
Belararox Limited has commenced its maiden drilling program at the Tambo South copper porphyry target within its TMT Project in Argentina. The drilling, which began on January 18, includes an ambitious 6,000-meter program set to complete by the end of April 2025. The program aims to test the large porphyry copper/gold target identified through advanced 3D modeling and geochemical analysis. Initial findings at Tambo South indicate promising geological features, potentially enhancing the project’s value and positioning in the mining sector. Additionally, drilling at the Malambo target, another significant prospect within the TMT project, is scheduled to begin in late January.
More about Belararox Ltd.
Belararox Limited is a company operating in the mining industry, focusing primarily on copper and gold exploration. It is engaged in the development of highly prospective projects, such as the Toro-Malambo-Tambo (TMT) Project located in Argentina’s San Juan Province.
YTD Price Performance: -11.11%
Average Trading Volume: 366,969
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.03M
Find detailed analytics on BRX stock on TipRanks’ Stock Analysis page.