Belararox (ASX:BRX) has received further assay results from phase one reverse circulation (RC) resource drilling at the Belara mine in the Lachlan Fold Belt, New South Wales.
New assay results for six holes from resource drilling at the Belara Project have intersected massive sulphide mineralisation at shallow depths.
The most promising results include:
- 13.0m at 0.41% Zn, 0.24% Cu, 0.11% Pb, 8.27 g/t Ag and 0.33 g/t Au from 86m in BLRC014
- 4.0m at 1.46% Zn, 0.70% Cu, 0.37% Pb, 11.88 g/t Ag and 0.18 g/t Au from 67m in BLRC015
The advanced mineral explorer reports that phase one drilling at Belara is intended to build upon historic results and determine the potential of the project to host significant zinc and copper mineralisation.
The company reports the new assay results continue to confirm the continuity of ‘higher grade’ copper, gold and zinc mineralisation in the massive sulphide at a shallow depth now over a strike of 500m.
A total of 2,097 samples have been sent to the laboratory since the drilling started at Belara, with 1,493 assay results pending. These results are expected to be announced in the next four weeks.
Drilling is continuing with one rig.
Addressing the results, Belararox Managing Director Arvind Misra noted: “The results from these holes are significant as they intersect shallow mineralisation in previously undrilled areas.
Notably, the holes also confirm that the mineralisation continues to the surface and dips less steeply to the east than initially interpreted in the historic resource model.
Additionally, we also intersected anomalous gold not associated with the massive sulphide mineralisation, which is very pleasing.
“Additionally, we also intersected anomalous gold not associated with the massive sulphide mineralisation, which is very pleasing”
The onsite team is doing a great job executing our maiden drill program, and we look forward to sharing more news as drilling progresses and results are received.”
The Belara and Native Bee mine areas are the first ‘high priority’ targets for resource drilling.
A phased approach is being taken to the drilling of the Belara and Native Bee mine targets.
Phase one aims to deliver the density of drill assay intersections to estimate an Inferred Resource that is prepared in accordance with the JORC (2012) over the known area of mineralisation at the Belara mines.
Images: Belararox Ltd
