TMT Project’s 1.2km Chargeability Anomaly Spurs Immediate Drilling with Assays Due Feb 2026

Belararox Limited has refined its exploration approach at the Toro-Malambo-Tambo Project, prioritising immediate drilling of newly defined shallow epithermal targets. Early assay results are anticipated by February 2026, potentially unlocking significant resource upside in a prolific copper-gold region.

  • New exploration strategy prioritises shallow epithermal drilling at Toro Central
  • MT/IP geophysical survey reveals continuous chargeability anomaly extending over 1.2km
  • Diamond drilling rig mobilised with first assays expected early February 2026
  • Project located near major copper-gold deposits in Argentina’s San Juan Province
  • Ongoing geophysical surveys and 3D modelling to refine targets at Toro South
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Refining the Exploration Focus

Belararox Limited (ASX – BRX) has announced a strategic pivot in its exploration program at the Toro-Malambo-Tambo (TMT) Project in Argentina. Following the latest magnetotellurics (MT) and induced polarisation (IP) geophysical survey results, the company has elected to prioritise drilling of shallow epithermal targets at Toro Central, rather than proceeding immediately with deeper copper porphyry targets at Toro South. This decision reflects the discovery of a broad, near-surface chargeability anomaly that is both expanding in size and intensifying, suggesting a potentially significant epithermal mineral system.

Geophysical Insights and Target Expansion

The combined MT/IP survey has been instrumental in redefining the project’s target footprint. The data reveals a continuous chargeability anomaly exceeding 1,200 metres in strike length, extending from Toro Central into Toro South. This anomaly aligns with mineralisation intersected in historical drilling, notably a 2013 diamond drill hole that returned significant zinc, silver, copper, and gold intercepts. The geophysical signature supports the interpretation of an intermediate-sulfidation epithermal system potentially linked to a deeper porphyry centre, enhancing the prospectivity of the TMT Project.

Drilling Imminent with Early Results Anticipated

With a diamond drill rig now mobilised to site, Belararox is set to commence an initial drilling program imminently. The plan includes at least four diamond drill holes, each approximately 700 metres deep, targeting the most intense portion of the newly expanded epithermal system. The company expects to receive the first assay results by early February 2026, a milestone eagerly awaited by investors and industry watchers alike. Drilling will continue through the holiday period, underscoring the company’s commitment to rapid progress.

Strategic Location and Regional Context

The TMT Project is strategically located in Argentina’s San Juan Province, nestled between the prolific El Indio and Maricunga Metallogenic Belts. It lies just 20 kilometres southeast of ATEX Resources’ Valeriano Project, which boasts a substantial mineral resource estimate and has attracted significant investment from Agnico Eagle Mines Limited. This proximity to established copper-gold districts adds a layer of regional validation to Belararox’s exploration efforts and highlights the potential scale of the TMT Project.

Ongoing Exploration and Future Steps

Beyond the immediate drilling program, Belararox continues to advance its geophysical surveys at Toro South to confirm the southern extension of the epithermal system and to further delineate the deeper copper porphyry target. The company plans to complete 3D model inversions of the MT/IP data to refine the geometry and size of the anomalies. Additional surveys are also planned over the Tambo South target, ensuring a comprehensive exploration approach across the project area.

Bottom Line?

Belararox’s imminent drilling and expanding geophysical targets position the TMT Project as a compelling copper-gold exploration story to watch in early 2026.

Questions in the middle?

  • Will the upcoming assay results confirm the continuity and grade of the epithermal system?
  • How might the deeper copper porphyry targets at Toro South evolve with further MT/IP survey data?
  • Could the TMT Project attract strategic partnerships or investment given its proximity to major deposits?