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Belararox Limited (ASX: BRX) is a mineral explorer focused on securing and developing resources to meet the surge in demand for critical metals from the technology, battery and renewable energy markets. The company’s projects, located in Australia and Argentina, currently include the potential for zinc, copper, lithium, gold, silver, nickel and lead resources.
In Australia, Belararox’s current primary focus is the development of its flagship Belara/Native Bee project, which is located near Dubbo, New South Wales, in the East Lachlan Orogen. Belararox has already reported a Maiden Combined Inferred Mineral Resource estimate of 5.0Mt at 3.41% ZnEq from two deposits within this project that are each associated with a historical mine. Exploration activities at the Belara/Native Bee project are ongoing, with its mineralisation yet to be constrained along strike and at depth.
Belararox’s other Australian-based asset is the highly prospective Bullabulling gold and lithium project, located in Western Australia’s Eastern Goldfields. An exploration campaign has commenced at Bullabulling, which is surrounded by a number of notable lithium projects and prospects, including Future Battery Minerals’ (ASX:FBM) Kangaroo Lithium Project, the historical Ubini Mine and the Red Panda Prospect.
In Argentina, Belararox more recently acquired the highly prospective Toro, Malambo and Tambo (TMT) project. This asset is in a region of the country’s San Juan Province, where exploration activities have focussed on the underexplored gap between proven deposits in the El Indo Metallogenic Belt and the Maricunga Metallogenic Belt. Belararox has already identified multiple prospective targets within its TMT project. These will be explored in an expansive exploration programme run by an experienced Belararox team already on the ground in Argentina.
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