- Belararox (BRX) reports massive sulphide intersections from its first two diamond drill holes as part of phase two drilling at Native Bee
- The company struck visible copper and zinc sulphides from 151 metres to 159 metres in one of the holes
- The result extends the mineralisation in the area to at least 70 metres to the south along-strike, and mineralisation remains open to the south and at depth
- The phase two drill program includes around 3600 metres of diamond drilling at the Belara project and Native Bee prospect
- Shares in BRX are trading at 23 cents at 3:26 pm AEDT
Advanced mineral explorer Belararox (BRX) has intersected massive visible sulphides at its Native Bee prospect in central New South Wales.
It extends mineralisation at the prospect, located within the wider Belara project, at least 70 metres to the south along-strike. Mineralisation remains open to the south and at depth.
“We are excited that the first two diamond drill holes in phase two drilling at Native Bee indicate this is a highly-prospective asset, with more massive sulphide mineralisation discovered,” BRX Managing Director Arvind Misra said.
Belararox reported that drill hole NBDD007 intersected visible copper and zinc sulphides from 151.45 metres to 158.70 metres.
Drill hole NBDD008 intersected visible copper and zinc sulphides from 205.10 metres to 211.23 metres, confirming further massive sulphide mineralisation extending to the south of the defined resources at Native Bee.
Belararox recently started its phase two program, which includes around 3600 metres of diamond drilling.
The drilling aims to build upon the recently announced inferred resource of five million tonnes at 3.41 per cent zinc equivalent and assess the potential of the Belara project and Native Bee prospect to host commercial quantities of mineralisation.
At Native Bee, phase two drilling aims to identify further mineralisation along-strike and within the old Native Bee mine area. It also aims to uncover further mineralisation in a coincident gradient array induced polarisation (GAIP)-airborne magnetics first derivative (1VD)-gravity anomaly, which extends south from the area of the known mineral resource.
Belararox reports the mineralisation at Belara is open to the north and down-dip, and the company aims to uncover further “high-grade” mineralisation during phase two drilling.
The phase two drilling program is expected to take around 3 months to finish with final assays expected 28 days after the completion of drilling.
Shares in BRX were trading at 23 cents at 3:26 pm AEDT.