Sams Creek Porphyry Dyke Source: Siren Gold
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Belarox Ltd (ASX:BRX) believes it has identified a significant porphyry-style target at the Malambo target of its Toro-Malambo-Tambo (TMT) base metals project in Argentina, with rock chip and talus samples highlighting anomalous surface grades of 2360 parts per million (ppm) copper, 35 ppm silver, 1720 ppm molybdenum, 632 ppm zinc and 467 ppm lead.

The most prospective focal point within the porphyry at Malambo is a massive molybdenum in rock and talus anomaly stretching 1000 metres by 650 metres, which repeats the surface indicators of several global porphyry deposits.

Belararox is now progressing to interpretation work on the findings, which will also be used for drilling activity, providing a Priority 1 target.

Managing director Arvind Misra said the recent work was providing all the right indications of what TMT could yield, within prospective territory.

“Our recent assay findings from Malambo offer compelling evidence of a promising porphyry target,” he said.

“Supported by elemental ratios and noteworthy pathfinder elements, alongside classic alteration zonation, our confidence in the TMT project’s potential is bolstered.

“With peak anomalous surface values hitting 2360 ppm (0.24%) copper, 35 ppm silver, 1720 ppm molybdenum, 632 ppm zinc, and 467 ppm lead, Malambo represents a significant opportunity for investors keen on tapping into substantial copper-gold discoveries in San Juan, Argentina, a region renowned for its porphyry deposits.”

Belararox has been trading at 23.5 cents

brx by the numbers
More From The Market Online

Haranga Resources commences phase 2 underground drilling at Lincoln

Haranga Resources has kicked off phase 2 underground drilling at the Lincoln gold project located in…

Adavale Resources increases gold numbers from zero to 383,000 oz in 20 months

Adavale Resources has unveiled a substantial updated mineral resource estimate for the London-Victoria gold mine in…
Flexiroam concept traveller using global eSIM network

This ASX comms stock is up +160% over the last year, and just turned profitable. Here’s how FlexiRoam disrupts the market

If you’ve gone travelling overseas in the last few years, you may have heard of eSIMs – in essence, a digital SIM card
HotCopper Daily Market Trends Graphic

Tuesday’s HotCopper trends: Global Lithium Resources, Narryer Metals, Waratah Minerals and other daily topics

With more than 600k average monthly users on the HotCopper forums, each and every discussion can…