Announcement Date: 2022-07-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Belararox Ltd.
Project name: Belara
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 7.0m @ 2.22% Zn, 2.54% Cu, 0.63% Pb, 36.87g/t Ag, 0.67g/t Au from 78.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Belararox Ltd (ASX:BRX) (Belararox or the Company), an advanced mineral explorer focused on high-value clean energy metals, is excited to announce the assay results from the next hole from the Phase One RC resource drilling at the Belara mine in the Lachlan Fold Belt, NSW (Belara or the Project). Phase One drilling at Belara is intended to build upon historic results and determine the potential of the Project to host significant zinc and copper mineralisation. The Belara and Native Bee mine areas are the first high priority targets for resource drilling (see for project details)1 . A phased approach is being taken to the drilling of the Belara and Native Bee mine targets. Phase One aims to deliver the density of drill assay intersections to estimate an Inferred Resource that is prepared in accordance with the JORC (2012) over the known area of mineralisation at the Belara (Figure 1) and Native Bee (Figure 2) mines. The results for all the new holes assayed have been entered into the drill databases and quality control reviews completed. All check samples, blanks, and sample weights have been reviewed as part of an ongoing quality control process and returned results within accepted expected statistical ranges, which confirm the validity of the assay results.
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