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Belararox Limited (ASX:BRX)

ALERT: Price-sensitive ASX Announcement for BRX
Current share price for BRX : $0.039 -0.039 (-50%)+
Announcement
Release
31 Jul 2025 9:54AM
Price at Release
$0.078
Full Release
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Summary
Belararox Limited (BRX) released its quarterly activities and cash flow report for the period ending 31 March 2023. The company provided updates on its Belara and Native Bee Base and Precious Metals Projects, including results from resource drilling, metallurgical testwork, and ongoing planning for exploration. Significant progress was made towards defining an updated Mineral Resource Estimate (MRE) at the Belara Project, as well as advancing technical studies and environmental baseline work to support future development. The cash flow report details operating, investing, and financing activities, with information on exploration expenditures and cash reserves. The report also outlines compliance with ASX Listing Rules regarding payments to related parties.
Key Points
  • Drilling and resource delineation continued at the Belara Project.
  • Updated Mineral Resource Estimate (MRE) targeted for completion following results.
  • Metallurgical testwork and environmental baseline studies progressed.
  • Exploration planning advanced for the Native Bee Project.
  • Cash outflows primarily related to exploration and evaluation activities.
  • Cash reserves reported at the end of the quarter.
  • Payments to related parties consisted of director fees and consulting.
  • No mining production or sales reported during the quarter.
  • Focus remains on advancing both base and precious metals assets towards development.
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.