The Conversation (0)
Belararox Ltd (ASX: BRX) (Belararox or the Company) is an advanced mineral explorer focused on high-value clean energy metals, and has identified potential LCT mineralisation at the Company’s Bullabulling 100% owned project. Additionally, the project is considered highly prospective for gold.
Key Highlights
- Soil sampling results from Belararox’s Bullabulling Project have highlighted strong lithium anomalies up to 324ppm Li.
- Two of the largest coherent lithium soil anomalies (>80ppm Li) can each be traced over 500m within a highly prospective > 3km long structural corridor with anomalous Li values.
- The lithium soil anomalies are associated with elevated caesium (Cs) and tantalum (Ta) confirming LCT pegmatite type targets within mafic metamorphic rocks adjacent to the Bali Monzogranite.
- Additionally, several soil gold anomalies (>20ppb Au) have been identified. The most significant anomaly returned assay values up to 87.6ppb Au and is traceable over 500m; the anomaly is associated with mafic basalts and amphibolites in a similar structural setting to the adjacent Bullabulling Goldfield.
Future work
- Planning of follow-up infill soil sampling and detailed geological mapping is underway to better define the anomalies before drill testing.
Managing Director, Arvind Misra, commented:
The soil sampling programme was very effective in better defining the most prospective areas for lithium and gold mineralisation at Bullabulling. With increased prospectivity and confidence, additional detailed geological mapping and ground truthing will commence shortly with the aim of refining the drill ready targets.
Bullabulling Project
Belararox holds the Bullabulling Project which is comprised of 26 wholly owned tenements covering an area of approx. 50 km2 to the west of Coolgardie in the Eastern Goldfields of Western Australia. The company is pleased to announce the results of an extensive soil sampling program comprising 1581 soil samples collected during July and August 2023.
The soil sampling program was designed as a follow-up to a first pass reconnaissance mapping and rock chip sampling program, where rock chip assay results from mapped pegmatites returned elevated lithium (Li) and rubidium (Rb) values (refer to BRX ASX announcement from the 26th June 2023). Soil samples were taken on a nominal 125m x 125m grid spacing across highly prospective areas for lithium and gold mineralisation and have revealed several strong lithium and gold anomalies (Figures 1, 2 and 3).
Figure 1. Belararox’s Bullabulling project. White dots show the location of the 1581 soil samples collected, red dots represent assay values of>80ppm Li and orange dots represent assay values >20ppb Au. The red outline highlights the most prospective area for lithium and gold mineralisation (extents of Figure 2 and 3).
Lithium
During a recent geological reconnaissance campaign several pegmatites have been identified with anomalous Li and Rb. This suggests the broader Bullabulling Project area has the potential to host a significant LCT pegmatite district (refer to BRX ASX announcement from the 26th June 2023).
The encouraging results from field mapping and rock chip sampling have now been confirmed with a follow- up soil sampling program across the most prospective areas. Strong lithium anomalies up to 324 ppm Li are associated with elevated caesium (Cs) and tantalum (Ta) confirming LCT pegmatite type targets within favourable mafic metamorphic rocks adjacent to the Bali Monzogranite. Furthermore, the two largest coherent lithium soil anomalies can be traced over 500m each and are adjacent to outcropping pegmatites identified during previous geological mapping and rock chip sampling, within a highly prospective structural corridor that extends over 3kms (Figure 2).
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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
Drilling Commenced at Viani in Fiji
HIGHLIGHTS
- The Phase 1, three-hole diamond drilling program has commenced at the Viani Project, Fiji and will test for extensions to the quartz vein gold mineralisation at depth.
- Phase 1 is expected to be completed in early 2025, with plans for additional drilling under the same program dependent on the initial results
- The Viani Project (SPL1513) covers an area of approximately 200km2 and is largely underexplored.
- At the Dakuniba prospect within Viani, low sulphidation epithermal high-grade gold mineralisation has been mapped over >3km strike length.
- Diamond drilling completed by Japan International Cooperation Agency (JICA) in 1995 to 1997 intersected high-grade gold in low sulphidation epithermal quartz veins, including 0.6m @ 27.6 g/t Au.
Alice Queen’s Managing Director, Andrew Buxton said,
With drilling underway, Alice Queen is positioned to test the epithermal gold-style mineralisation identified in historic drilling at the Viani Project. Weather permitting, we anticipate completing the Phase 1, three-hole diamond drilling program in early 2025. Following this, our exploration team will mobilise the drill rig to the Sabeto Project in Fiji to maintain the momentum of this campaign. To deliver timely results to shareholders, we intend to accelerate the analysis of the drill core at ALS Brisbane.”
Image 1 – Diamond drilling at Viani
Details
Geology
The geology of the Viani Project (SPL 1513) comprises olivine basalts and volcaniclastics of the Natewa Volcanic Group which are intruded by andesite sills and dykes. In the 1940s, gold mineralisation was found by local prospectors near the village of Dakuniba. At Dakuniba, low sulphidation style epithermal gold occurs in quartz veins, and silicified rocks along a 3km long NE trending zone.
In 1995-1997, Japan International Cooperation Agency (JICA) drilled six diamond holes at Dakuniba and intersected high-grade gold in chalcedonic, crustiform, colloform banded quartz veins at depths of 50m to 100m below surface (i.e. MJVFV-5 intersected 2.2m @ 11.3 g/t Au, incl 0.6m @ 27.6 g/t Au at 121m downhole). This high-grade gold mineralisation is open in all directions.
Proposed Drill program
The initial Phase 1 drill program at Viani (see Table 1) will comprise three diamond drillholes designed to test continuity to the epithermal gold mineralisation previously intersected in JICA drillhole MJVFV- 5 (2.2m @ 11.3 g/t Au) (see Figure 2). The drilling will test for extensions to the gold mineralisation at depth and along strike.
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This article includes content from Alice Queen 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.
