Drilling at Belararox’s Belara mine target has returned more high-grade zine mineralisation which bodes well for upcoming resource estimation work.

Results include 10m a intersection grading 3.8% zinc, 0.25% copper, 1.26% lead, 46.5g/t silver and 0.49g/t gold from a down-hole depth of 203 in BLRC019D, which is significantly wider and higher-grade.

It also confirms that high-grade mineralisation is open down-dip and along strike to the north of Belara.

Meanwhile, an assay of 4m at 4.19% zinc, 0.4% copper, 1.44% lead, 47.55g/t silver and 0.27g/t gold from 69m at BLDD029 confirms that further high-grade mineralisation is closer to the surface over a 300m strike length.

Belararox (ASX:BRX) is also increasingly confident that metals can be recovered using standard flotation techniques after the first phase of metallurgical test work successfully produced flotation concentrates for copper, zinc, and lead.

“We are impressed with the continued high quality assay results received from our Phase 1 drilling campaign,” managing director Arvind Misra said.

“Some of the intersections are significantly wider and higher-grade than targeted, confirming the continuity of the interpreted base metal mineralisation in the historic resource model.

“We now look forward to the completion of our maiden resource estimation by October and the next stages of exploration work to potentially extend Belara and Native Bee along strike and at depth.”

Resource drilling and next steps

Belara and Native Bee are the first high-priority targets for Phase One resource drilling at the Belara project, which aims to deliver the density of drill assay intersections to support a JORC Inferred Resource.

A total of 33 holes were drilled with drilling at Native Bee intersecting massive sulphide intersections while holes BLRC019D and BLRC020D at Belara confirm that high-grade is both open down-dip and along strike to the north of the previously identified mineralisation

Assays are pending for the remaining six holes in this Phase while DHEM and FLEM survey results are expected later this month.

Other work includes metallurgical test work, which is scheduled to be completed this month, and a resource estimate and supporting competent persons report to be completed during October.

This article was developed in collaboration with Belararox, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.