Belararox Ltd. ( (AU:BRX) ) has issued an update.
Belararox Ltd. has announced significant progress in its drilling operations at the Tambo South project, part of the TMT Project in Argentina. The second drill hole has revealed substantial visible copper mineralization, validating the geological model of a copper porphyry system. This discovery is seen as a promising indicator of a strong copper system, enhancing the project’s potential value. The company is also progressing with drilling at the Malambo target, with assays expected soon. These developments position Belararox favorably within the largely unexplored corridor between the El Indio and Maricunga Metallogenic Belts, potentially unlocking significant value for stakeholders.
More about Belararox Ltd.
Belararox Limited (ASX: BRX) is a company engaged in mineral exploration, focusing on copper and gold projects. The company is actively involved in the Toro-Malambo-Tambo (TMT) Project located in Argentina’s San Juan Province, targeting copper porphyry systems.
YTD Price Performance: -30.56%
Average Trading Volume: 435,236
Technical Sentiment Signal: Buy
Current Market Cap: A$18M
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