Belarox Ltd (ASX:BRX) will soon be to kicking off a 6,000m diamond tipped drill run on-site its ‘TMT Project’ in Argentina on the hunt for copper and gold.
Targeting the Malambo and Tambo South prospects, this campaign effectively starts the company’s FY25 field program. (The TMT Project stands for Toro – Malambo – Tambo.)
Those prospects have been selected on the back of geochem data, which leaves the company’s technicians theorising a mineralised system exists within 600 metre from the surface for Malambo and within 700 metre for Tambo South.
At both prospects, the company believes there could be shallower-yet targets to explore.
The installation of drill pads is still on-going after the re-opening of the Toro mining camp, located in the Valle del Cura region (part of Argentina’s San Juan province).
In the backgrounds, geologists are on-site continuing to scour the grounds for other targets of interest.
“This is a very exciting time for the company as we are about to commence our maiden drill program at Malambo,” Belarox Exploration Manager Jason Ward said.
“The prospect shows classic geochemical and alteration signatures for a porphyry deposit, and it is in the right geological setting surrounded by world-class deposits.
“There has never been a drill hole into it, so I think we have good reason to be excited.”
BRX last traded at 24cps.
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