Sweet honey for Belararox as Native Bee drills hit massive sulphides

Belararox’s first resource drilling holes at the Native Bee area within its Belara project has intersected sweet massive sulphide intersections.

The results of 2m at 4.46% zinc, 0.31% copper, 1.2% lead, 30.2 grams per tonne silver and 0.03g/t gold from 88m in NBRC001 and 6m at 2.12%, 0.19% copper, 0.8% lead, 19.4g/t silver and 0.02g/t gold from 167m confirm historical results.

Notably, both new intersections contain more combined zinc, copper, lead, silver and gold mineralisation than predicted by the historical resource model.

Belararox (ASX:BRX) adds that the mineralisation intersected in both holes remains along strike to the south and at depth.

A downhole electromagnetic survey is currently underway to test this target area as well as the highly prospective southern extension identified in prospectivity modelling.

Metallurgical test work is also progressing well with the first phase of floatation concentrates successfully produced for copper, zinc, and lead, providing confidence that these metals can be recovered using standard floatation techniques.

First phase drilling for both Belara and Native Bee has now been completed and preparations for the initial JORC compliant resource estimation work have started.

“Both massive sulphide intersections at NBRC001 and NBRC002 were close to, or down dip from, intersections in historic holes, with the potential for extensions to mineralisation open along strike to the south of the new holes,” managing director Arvind Misra said.

“A DHEM survey has commenced to test for further extensions to the known mineralisation areas. Initial floatation concentrates increase confidence in successful commercial recovery of zinc, copper, lead and silver.”

Resource drilling

The Phase One drill program was designed to deliver the density of drill assay intersections to estimate an Inferred resource over known areas of mineralisation at the Belara and Native Bee mine areas.

Encouragingly for Belararox, drill results at Belara also exceeded historical modelling, which bodes well for the coming resource estimate with studies to begin August.

Assays are pending for a further 935 samples with results expected over the next two weeks.

Phase Two drilling will explore for potential new extensions to the known mineralisation and test the 34 new targets generated by prospectivity modelling using machine learning techniques.

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.