Belararox Limited: Developing Precious and Base Metal Assets to Meet Future Demand

Belararox Limited (ASX:BRX) focuses on its 100-percent-owned base and precious metals projects, targeting zinc, copper, gold, silver, nickel and lead resources to be a significant contributor to help meet the world’s growing demand for battery and renewable energy metals.

Belara, the company’s flagship project in New South Wales, has an inferred resource estimate of 5 million tonnes of base and precious metals. Belararox also recently acquired a new asset in Argentina, which the company will soon begin exploration work on.

The company has completed Phase 1 drilling, confirmed historical mineralizations, and upgraded the JORC-compliant inferred resource estimate at its flagship Belara asset. The updated resource estimate resulted in a 100-percent increase in mineralized tonnes, a 65-percent increase in copper, and a newly defined 33,762 ounces of gold. The company is now moving towards Phase 2 drilling.

Company Highlights

• Belararox Limited is a mineral exploration and development company focussing on its 100-percent-owned precious and base metal assets.
• The company’s focus on battery metals creates an opportunity to gain access to funding from the Australian government, which is investing in mining projects to reach its 2030 net-zero goals.
• Belara, the company’s flagship asset, has an inferred resource of 5 million tonnes of base and precious metals, including zinc, lead, copper, silver and gold.
• Belararox Limited will soon begin the next phase of drilling at Belara.
• The company’s secondary Bullabulling project in Western Australia has a planned drilling campaign for 2023.
• Belararox’s recently acquired TMT project in Argentina includes untested assets and will soon begin exploration work.
• An experienced board and management team leads the company towards exploring and developing its asset portfolio with expertise throughout the mining industry.

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