Announcement Date: 2022-09-21
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. 5m at 6.8% Zn, 1.19% Cu, 1.38% Pb, 55.82g/t Ag, 1.1g/t Au from 51m
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 Phase One Reverse Circulation (RC) and diamond core resource drilling at the Belara mine. The drilling aims to build upon historic results to determine the potential of the Belara 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 support an Inferred Mineral Resource estimate prepared in accordance with the JORC (2012) Code over the known area of mineralisation at the Belara (Figure 1) and Native Bee mines. A total of 33 drill holes were completed in Phase One, with new assay results from the final six drill holes received. A summary of significant results is presented in Table 2 and Figure 5.
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