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

Temas Resources confirms significant gallium and scandium at La Blache

Temas Resources’ latest assays show the La Blache project in Quebec is a genuine multi-metal, multi-revenue…

GoldArc Resources begins major drilling campaigns at Leonora South

GoldArc is running RC and AC drilling programs in tandem at Leonora South in Western Australia…
The Market Online Video

The ASX Today: Relative calm didn’t last long as Brent back to US$100/bbl; March RBA hike priced in?

Greetings and welcome to HotCopper’s the ASX Today, I’m Jon Davidson and after an attack on a Thai cargo ship in the Strait of Hormuz

Magnum Mining and Exploration ramping up exploration at Parker project

Magnum Mining and Exploration is preparing for drilling at the Parker project in Arizona on the…