Belararox Limited has announced a significant discovery of a near-surface high-grade silver zone at its Toro Central prospect in Argentina, revealing promising polymetallic mineralisation. Follow-up drilling is underway to explore the extent of this newly identified silver-rich zone.
- 47m at 172 g/t silver intersected from 59m depth
- Includes 27m at 291 g/t silver with zinc, copper, gold, and lead credits
- Additional deeper zone of 48m at 56 g/t silver identified
- Multiple structurally controlled silver-rich zones confirmed
- Follow-up drilling underway to test extensions along strike and down dip
Discovery Highlights
Belararox Limited (ASX:BRX) has revealed a compelling new high-grade silver discovery at its Toro Central prospect, part of the broader Toro-Malambo-Tambo (TMT) Project in Argentina's San Juan Province. The second drill hole at Toro Central, TMT-TC-DDH-002, intersected a near-surface zone grading 47 metres at 171.99 grams per tonne (g/t) silver, accompanied by significant zinc, copper, gold, and lead credits. Within this interval, a higher-grade 27-metre section averaged an impressive 290.55 g/t silver.
Additionally, a deeper mineralised zone was identified, measuring 48 metres at 55.76 g/t silver from 130 metres downhole. This deeper interval is interpreted as a continuation of mineralisation seen in historical drilling, while the upper zone represents a previously untested, near-surface discovery.
Geological Context and Exploration Potential
The mineralisation at Toro Central is structurally controlled and polymetallic, featuring silver alongside zinc, copper, gold, and lead. This aligns with the epithermal style of mineralisation typical of the Vilcuna mineral belt, a highly prospective region situated between the prolific El Indio and Maricunga metallogenic belts.
Belararox’s exploration team has confirmed multiple silver-rich zones within Toro Central, with mineralisation remaining open in several directions. The discovery supports the concept of multiple structurally controlled high-grade silver zones, underscoring the potential for a significant new silver deposit in the region.
Ongoing Drilling and Next Steps
Following the encouraging results from the second drill hole, follow-up drilling is actively underway to test the along-strike and down-dip extensions of both the newly discovered near-surface zone and the deeper mineralised interval. The third drill hole, TMT-TC-DDH-003, has already targeted extensions approximately 250 metres north of the discovery hole, with further drilling planned.
Executive Director Chris Gale highlighted the significance of the results, noting the confirmation of a very compelling silver-rich zone early in the drilling program. General Manager Exploration Chris Blaser emphasised the structural control of the mineralisation and the importance of the near-surface high-grade zone for potential resource development.
Broader Project Implications
The TMT Project encompasses multiple targets beyond Toro Central, including Toro South, Toro North, Malambo, and Tambo South, all showing promising signs of copper, gold, silver, and zinc mineralisation. The project’s location within a mineral-rich corridor enhances its strategic value, particularly as demand grows for metals critical to technology and renewable energy sectors.
Belararox’s systematic approach, combining historical data, surface sampling, geophysical surveys, and now successful drilling, positions the company well to advance the TMT Project towards resource definition and potential development.
Bottom Line?
Belararox’s discovery at Toro Central marks a promising step in unlocking a new high-grade silver province, with ongoing drilling set to define its true scale and value.
Questions in the middle?
- What will the upcoming assay results from follow-up drilling reveal about the continuity of the silver zones?
- How might the polymetallic nature of the mineralisation impact the project's economic viability?
- What are the timelines and plans for advancing from exploration to resource estimation at Toro Central?