Strong results add to the mounting evidence that the TMT Project is a game-changing acquisition for Belararox. Pic via Getty Images
Belararox’s zinc discovery at the TMT project proves to be a game-changer
Mining
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Historical drill results at the southern end of the Toro-Mambo-Tambo project have uncovered significant zinc mineralisation, an in-demand base metal used in a wide range of clean energy processes.
A key enabler in green technologies like solar and wind, zinc – used to prevent rust by creating a corrosion resistant barrier – is tipped by experts to surge from 2025 onwards from the rollout of renewables during the energy transition.
Belararox(ASX:BRX) is on the hunt for the metal and recent exploration work has verified the company may have a significant system rich in base and precious metals at the Toro-Mambo-Tambo project in Argentina.
Key mineralised sections of historical drill core stored in trays were inspected and reviewed as part of the company’s due diligence process in acquiring the project.
BRX says mineralisation was observed in diamond core holes ARRLSDD0001, ARRLSDD0002, ARRLSDD0003, and ARRLSDD0004, which were drilled in 2013 at the project’s Toro target by Votorantim.
The results include grades such as 266m at 0.76% zinc, 72m at 1% zinc, 6m at 3.94% zinc, and 140m at 0.86% zinc.
Highly prospective for zinc
BRX managing director Arvind Misra says the company believes these finds add credence to the conviction that the property is highly prospective for zinc.
“With the historic drilling results brought up to JORC 2012 code compliance, we are able to confidently disclose these exploration results to the market,” he explains.
“While we still have work to do before we can produce a mineral resource estimate at the TMT project, these strong exploration results add to the mounting evidence that the TMT Project is a game-changing acquisition.”
What’s next?
The mineralised system remains open at depth, to the north and the south and therefore presents additional targets ready for immediate drill testing which could rapidly expand the mineralised footprint.
At this stage, Environmental Impact Assessments to permit exploration at the project have been submitted to the Environment & Mines Departments for approval.
Work is underway to upgrade the existing access track to the Toro project and then progressively establish access to the Malambo and Tambo 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.
