Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.
- Second diamond drill rig mobilised to TMT Project, starting early March
- Existing rig drilling at Toro South targeting shallow epithermal and deeper copper porphyry systems
- Three drill holes completed at Toro Central with assays pending
- MT/IP geophysical survey completed at Tambo South with advanced 3D modelling underway
- Exploration targets include copper, gold, silver, and zinc mineralisation in a prolific region
Accelerated Drilling at TMT Project
Belararox Limited (ASX – BRX) has announced a significant ramp-up in its exploration activities at the Toro-Malambo-Tambo (TMT) Project in Argentina, signalling growing confidence in the project's potential. The company is mobilising a second diamond drill rig, expected to commence operations in early March 2026, to complement the existing deep-capacity rig currently drilling at Toro South.
The existing rig is focused on a shallow epithermal system overlaying a large-scale copper porphyry target at Toro South, while the second rig will fast-track follow-up drilling at Toro Central. This dual approach allows simultaneous testing of both shallow and deeper mineralisation targets, potentially accelerating the discovery timeline.
Promising Early Results and Targets
At Toro Central, three drill holes have been completed targeting a high-grade epithermal system rich in silver, copper, and gold. Historical surface sampling in this area has returned impressive assay values, including up to 1980 ppm silver, 2.56 ppm gold, and 1.50% copper, although assays from the recent drilling are still pending. The mineralisation appears structurally controlled and consistent with intermediate-sulfidation epithermal deposits.
Meanwhile, at Toro South, geophysical data from a recently completed MT/IP survey have been integrated into an updated exploration model. This model highlights a shallow epithermal target sitting above a deeper copper porphyry system, which is considered the highest-scoring target at the project based on geochemical modelling. The existing rig is testing these targets, aiming to delineate the extent and grade of mineralisation.
Advanced Geophysical Work at Tambo South
Further afield, the Tambo South area has seen the completion of a combined MT/IP geophysical survey, with advanced 3D modelling now underway. This work aims to refine copper porphyry targets ahead of planned drilling later in 2026. The integration of geophysical and geochemical datasets across the TMT Project is a key strategy to enhance targeting precision and improve the chances of discovery.
Belararox’s Executive Director Chris Gale emphasised the strategic importance of the expanded drilling program, stating that the mobilisation of a second rig reflects the company’s confidence in the scale and potential of the TMT Project. Exploration Manager Chris Blaser highlighted the convergence of geological, geochemical, and geophysical data at Toro South, underscoring the efficiency gains from testing multiple targets simultaneously.
Strategic Positioning in a Prolific Mining Belt
The TMT Project is situated in Argentina’s San Juan Province, an underexplored region sandwiched between the prolific El Indio and Maricunga metallogenic belts. This location is known for hosting significant copper, gold, silver, and zinc deposits, making the TMT Project strategically important as global demand for these metals grows, especially for technology and renewable energy applications.
Belararox’s portfolio also includes other promising projects in Botswana and Australia, but the current focus on TMT reflects its potential to deliver substantial value through discovery and resource development. The company plans to release assay results from the recent Toro Central drilling in early March, which will be closely watched by investors and analysts.
Bottom Line?
Belararox’s dual-rig strategy at TMT marks a pivotal step in unlocking the project’s multi-metal potential, with upcoming assay results set to define the next exploration phase.
Questions in the middle?
- What will the assay results from the three Toro Central drill holes reveal about mineral grades and continuity?
- How will the integration of 3D geophysical modelling at Tambo South influence future drilling priorities?
- Can the simultaneous testing of epithermal and porphyry targets accelerate resource delineation and project valuation?