| Announcement Date: | 2022-08-15 |
|---|---|
| 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. 6.0m @ 2.12% Zn, 0.19% Cu, 0.8% Pb, 19.4g/t Ag, 0.02g/t Au from 167m |
| 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 pleased to announce the first assay results from Phase One RC resource drilling at the Native Bee mine area in the Lachlan Fold Belt, NSW (Belara or the Project). Phase One drilling at the Belara project is intended to build upon historic results and determine the potential of the Project to host significant zinc, copper, lead, silver, and gold mineralisation. The Belara and Native Bee mine areas are the first high priority targets for resource drilling (see www.belararox.com.au for project details)1 . A phased approach is being taken to the drilling of the Belara project area. 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 and Native Bee mines. Phase Two drilling will explore for potential new extensions to the known mineralisation and test the 34 new targets generated by prospectivity modelling using machine learning techniques (announced to the ASX on 31 May 2022). New assay results have been returned for two holes from the resource drilling at the Native Bee mine resource area, including NBRC001 |
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