Belarox Completes TMT Drilling

Belararox (ASX: BRX) has successfully completed the 2024/2025 field and drilling season at its highly prospective Toro-Malambo-Tambo (TMT) project in Argentina's San Juan Province.

All drill-core samples from the Tambo South and Malambo porphyry prospects have been submitted for analysis to the ALS laboratory. The ongoing detailed logging of lithology, alteration, and mineralisation will provide a better understanding of the intrusive events and vein paragenesis.

Drilling at Tambo South DDH002 was completed at the planned depth of 1305 metres, reaching the top of the copper porphyry target predicted using the 3D Cohen porphyry footprint model.

The logging of the drill core indicates multiple intrusions with varying extents of copper mineralisation, as indicated by the presence of covellite, chalcocite and chalcopyrite.

Preliminary interpretation based on geological logs and visual estimates suggests that the copper porphyry target at Tambo South predicted by the Cohen model has not been fully tested, which may require deeper drilling.

Geochemical and spectrometry data expected by the end of May will contribute to updated 3D models, offering a more accurate assessment of the copper porphyry target location.

Initial results from the first holes at Tambo South and Malambo are being received and will be analysed in the coming weeks. All assay results from the drilling season are expected by the end of May 2025.

Activities in May and June will focus on interpreting geological, geochemical, and magnetic data and planning for the next field season. Field operations are anticipated to resume in November 2025.

“Reaching the target depth of 1,300 metres and intersecting multiple copper-bearing intrusions at Tambo South is a major milestone for Belararox and the TMT Project,” Managing Director Arvind Misra said.

“Importantly, the drill hole reached the top of the porphyry, validating our targeting approach using various geological models. While initial observations confirm copper mineralisation, the system requires further testing at depth.

“With all samples now submitted for analysis and detailed core logging underway, we look forward to announcing the results and are well-positioned to refine our geological models. The upcoming results, with improved site access and a strong platform established this season, provide a solid foundation to further evaluate the copper porphyry potential in the next field campaign.”