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Belararox Limited (ASX:BRX)

ALERT: Price-sensitive ASX Announcement for BRX
Current share price for BRX : $0.032 -0.103 (-76.30%)+
Announcement
Release
28 Apr 2025 8:21AM
Price at Release
$0.135
Full Release
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Summary
Belararox Limited (BRX) announced the successful completion of its initial drilling program at the Totten Mine Trend (TMT) Project in the Sudbury region of Ontario, Canada. The program comprised 2,486 meters of diamond drilling across two primary targets, with all work completed safely and in compliance with environmental standards. Core logging has revealed the presence of sulfide mineralization, and samples have been sent for laboratory analysis. The company awaits assay results to guide further exploration and considers the program a technical success, with further updates to follow.
Key Points
  • Belararox Limited (BRX) has successfully completed the initial drilling program at its TMT (Totten Mine Trend) Project.
  • The program consisted of diamond drilling at two key targets: TMT01 and TMT02.
  • A total of 2,486 meters of drilling was completed across 10 diamond holes.
  • The drilling program was completed safely, with no lost time injuries and adherence to all environmental and safety requirements.
  • Initial observations from core logging have identified sulfide mineralization, including visual evidence of chalcopyrite, pyrrhotite, and pentlandite.
  • Samples have been dispatched to an independent laboratory for analysis, with results expected in the coming weeks.
  • The TMT Project is located in the Sudbury region of Ontario, Canada, an area known for significant nickel-copper-PGE deposits.
  • The company will use assay results to determine the next steps for exploration and potential resource definition.
  • BRX is encouraged by the presence of sulfide mineralization and considers the initial drilling program a technical success.
  • Additional updates will be provided once assay results and further geological interpretations are available.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.