
February 05, 2023
Belararox Limited (ASX:BRX) (“Belararox” or “the Company”), an advanced mineral explorer focused on high value clean energy metals, is pleased to announce the identification of potential LCT mineralisation in its Bullabulling tenements, which were already considered highly prospective for gold.
Key Highlights
- Belararox has located potential Li–Cs–Ta (LCT) mineralisation on its Bullabulling tenements.
- Recent reconnaissance mapping on the Bullabulling Project has assessed gold targets and the potential for LCT pegmatites. The mapping has identified extensive quartz and pegmatite veins/sheets in the amphibolite units adjacent to the Bali Monzogranite.
- The current global focus on battery metals, has targeted attention on the greenstone belts of the Yilgarn Craton as fertile corridors for LCT pegmatites.
- The margins of the Bali Monzogranite at Bullabulling are prospective for LCT pegmatites with several significant LCT pegmatites located in close proximity to the Bullabulling tenements including the Red Panda and Ubini deposits both located some 2km along strike from BRX tenements.
- Several pegmatites have been mapped by the Geological Survey of Western Australia (GSWA) within, and in proximity, to the Bullabulling Project.
- Ongoing exploration activities planned for the Bullabulling tenements will now be widened to include assessment of both gold and LCT prospectivity.
Figure 1. Pegmatite within the Bullabulling Project (303159 mE, 6571585 mN, MGA94 Zone 51)
Managing Director, Arvind Misra, commented:
“The discovery of pegmatites at our wholly owned Bullabulling Project adds another dimension to the prospectivity of this asset. Importantly, our interest is not just premised on these discoveries, it is also based on the geology of the region and the results derived from peer lithium-related exploration activities – both current and historic. We are developing a planned programme to test the prospectivity for LCT deposits at key targets within Bullabulling. We look forward to updating the market on the findings coming out of these activities over coming months.”
Bullabulling’s Prospectivity is Enhanced
Belararox Limited’s 100%-owned Bullabulling Project comprises 26 tenements over 50km2 to the west of Coolgardie in Eastern Goldfield of Western Australia, was initially considered prospective for gold deposits.
Click here for the full ASX Release
This article includes content from Belararox Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
BRX:AU
The Conversation (0)
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00