Belararox has a bunch of promising lithium and gold anomalies to drill at Bullabulling
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Multiple strong lithium anomalies and gold anomalies up to 500m long have been uncovered at Belararox’ Bullabulling lithium-gold project in the WA Goldfields.
Belararox’ (ASX:BRX) Bullabulling project is surrounded by proven mines in the prolific Tier 1 Goldfields mining district, and even closer to recent lithium discoveries.
Just 11.5km east of Bullabulling’s tenement boundary is Future Battery Metals (ASX:FBM), which intercepted 29m @ 1.36% Li2O at its Kangaroo Hills lithium project from fractioned pegmatites, which are considered analogous to those identified across Bullabulling.
Following up results from a first-pass reconnaissance mapping and rock chip sampling program, 1581 soil samples were collected across highly prospective areas for lithium and gold mineralisation and revealed several strong anomalies for both elements.
Samples of up to 324ppm Li were returned and are associated with elevated caesium (Cs) and tantalum (Ta) confirming LCT pegmatite-type targets within mafic metamorphic rocks adjacent to the Bali Monzogranite.
Two of the largest lithium soil anomalies can each be traced over 500m within a highly prospective >3km long structural corridor that contains anomalous Li values.
Additionally, several soil gold anomalies (>20ppb Au) have been identified, with the most significant returning assay values of up to 87.6ppb Au and traceable over 500m.
The most significant anomaly, Belararaox says, is associated with mafic basalts and amphibolites in a similar structural setting to the adjacent Bullabulling Goldfield and that future proposed exploration activities can potentially follow up this association.
“We’re excited to share our latest progress, featuring strong lithium anomalies, reaching up to 324ppm Li, underscoring our project’s enormous potential,” BRX MD Avrind Misra told Stockhead.
“Two of the largest coherent lithium soil anomalies, each exceeding 80ppm Li and spanning 500 meters, lie within a promising structural corridor, akin to recent spodumene discoveries in Western Australia.
“Preparations are underway for the next phase of our soil program, potentially paving the way for drilling, marking a pivotal project milestone.
Belararox’s recent quarterly report also marked the launch of field activities over the company’s TMT project in Argentina — a major achievement according to Misra.
“With $2.4 million in cash reserves and over USD 600,000 unutilized, we are well-equipped to advance our strategic initiatives,” he concluded.
Planning for follow-up infill soil sampling and detailed geological mapping is underway — activities that will help better define the anomalies prior to drill testing at the project.
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.