Belararox Uncovers Extensive Sulphides in First Toro Central Drill Hole

Exploration Milestone Achieved at Toro Central

Belararox Limited (ASX – BRX) has marked a significant step forward in its exploration campaign at the TMT Project in Argentina with the completion of its first diamond drill hole at the Toro Central target. The hole reached a depth of 705.6 meters, intersecting altered volcanic and volcaniclastic rock units that contained visually observed sulphides over a substantial 568.5-meter interval. This intersection validates the chargeability anomaly identified through recent geophysical surveys, reinforcing the company’s exploration model focused on epithermal and porphyry-style mineralisation.

Confirming Historical Targets and Expanding Potential

The drill hole TMT-TC-DDH-001 was designed to test a geophysical target that aligns closely with historical drill results, which previously reported significant silver, copper, and zinc mineralisation. The sulphides observed, predominantly iron sulphides with indications of copper, silver, and zinc-bearing phases, provide encouraging visual evidence, although laboratory assays are still pending to quantify grades. The company has commenced a second drill hole 400 meters north to assess the continuity and potential extension of this mineralisation, aiming to build on the promising historical data.

Ongoing Geophysical Surveys and Interpretation

Complementing the drilling program, Belararox has resumed MT/IP geophysical surveys at the Tambo South target, with completion expected shortly. Advanced 3D geophysical interpretations are underway for Toro South and Toro Central, which are expected to refine the understanding of deeper copper porphyry targets. These efforts are critical to delineating the full extent of mineralisation and guiding future drilling campaigns.

Strategic Positioning in a Prolific Mineral Belt

The TMT Project is strategically located within Argentina’s San Juan Province, an area situated between the highly mineralised El Indio and Maricunga metallogenic belts. This region is known for its rich deposits of copper, gold, silver, and zinc, making the project’s early exploration success particularly noteworthy. Belararox’s approach combines modern geophysical techniques with targeted drilling to unlock the potential of this underexplored terrain.

Awaiting Assay Results and Next Steps

While visual observations from the first drill hole are promising, the company awaits detailed assay results expected by the end of February 2026 to confirm the economic viability of the mineralisation. These results will be pivotal in shaping the next phase of exploration and potential resource development. Investors and analysts will be watching closely as the second drill hole progresses and further geophysical data is interpreted.