Belararox strengthens belief in high-grade mineralisation at its TMT copper-gold project in Argentina

Belararox reports assays show up to 1.41% copper from surface sampling at Toro Central and Toro South
Area interpreted to contain porphyry and/or epithermal mineralisation, the same geology as the massive Filo Del Sol copper-gold-silver project to the north
Future exploration work in Argentina focused on delineating drill targets across all prospects at TMT

Special Report: Initial surface assay results have returned from initial exploration at Belararox’s Toro targets – part of its Toro-Malambo-Tambo (TMT) copper-gold project in Argentina – strengthening the interpretation the area contains porphyry and/or epithermal mineralisation.

Those two types of geology are important as they increase the likeliness for the ground to contain significant deposits – as Belararox’s (ASX:BRX) 320km2 TMT is just north of C$2.8bn market-capped Filo Mining’s massive Filo del Sol copper-gold-silver project where BHP (ASX:BHP) recently took a 5% stake for C$100m.

The mine’s reserves hold both high-grade sulphide epithermal copper-gold-silver deposits and copper-gold porphyry mineralisation.

First assays back from TMT

Initial assay results from surface rock sampling at the Toro South and Toro Central targets confirm strong indications of porphyry and/or epithermal mineralisation.

BRX says Toro South shows potential for both epithermal and underlying porphyry-style mineralisation, while Toro Central displays geological and geochemical traits typical of epithermal mineralisation.

Assays show up to 1.41% copper, 1.28ppm gold, 421ppm silver, 8.13% zinc and >20% lead across both deposits and are supported by anomalous pathfinder elements such as thallium, lithium, arsenic, antimony and bismuth – consistent with metal zoning in upper porphyry levels.

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Belararox (ASX:BRX) — Sampling locations at the Toro South and Toro Central targets. Pic: Supplied (BRX)

BRX Argentina exploration director Jason Ward says initial assays support the company’s interpretation that mineralisation at Toro South and Central is strong and of the intermediate sulfidation epithermal type which forms high in the porphyry system.

“We expect to receive assays from our systematic talus (soil) sampling program shortly which will further delineate the geochemical zonation of pathfinder elements and provide us with further vectors to assist with planning our drill program,” Ward says.

Next steps

BRX has a slew of upcoming work on the cards, including an environmental assessment and geological findings for Malambo, geophysical investigations at Toro, as well as analysis and interpretation of soil sample results,

Initial exploration activities at Tambo Sur are also on the agenda.

The company is currently in the process of shortlisting contractors to carry out the aforementioned work, as well as for expected upcoming drilling across all prospective targets.

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.