| Announcement Date: | 2022-07-26 |
|---|---|
| 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. 13m @ 0.41% Zn, 0.24% Cu, 0.11% Pb, 8.27g/t Ag, 0.33g/t Au from 86m |
| 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 further assay results from Phase One RC resource drilling at the Belara mine in the Lachlan Fold Belt, NSW (Belara or the ProjectͿ. 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 www.belararox.com.au for project detailsͿϭ . 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 (ϮϬϭϮͿ over the known area of mineralisation at the Belara (Figure ϭͿ and Native Bee (Figure ϯͿ mines. New assay results have been returned for six holes from the resource drilling at the Belara Project, including BLDDϬϬϯ, BLRCϬϬϳ, BLRCϬϭϬ, BLRCϬϭϰ, BLRCϬϭϱ and BLRCϬϭϲ (Figure ϭ, Figure Ϯ, cross sections in Appendix ϭ and Table ϭͿ. DLDDϬϬϯ is a diamond hole that was drilled to provide geological, geochemical and petrophysical data to help calibrate |
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