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Belararox Ltd. ( (AU:BRX) ) has issued an update.
Belararox Ltd. has provided an update on its maiden drilling campaign at the Kalahari Copper Project in Botswana. The campaign aims to delineate the contact between the D’Kar Formation and the Ngwako Pan Formation, crucial for identifying copper mineralization. The drilling program has been optimized with additional rigs to improve efficiency and is on track for completion by early November. Initial results are promising, with the DKF-NPF contact encountered at shallower depths than expected, boosting confidence in the exploration model and potential for discovering copper deposits.
More about Belararox Ltd.
Belararox Limited is a company operating in the mining industry, focusing on exploration and development projects. Its primary focus is on copper exploration, particularly within the Kalahari Copper Belt in Botswana.
Average Trading Volume: 416,968
Technical Sentiment Signal: Sell
Current Market Cap: A$19.09M
For detailed information about BRX stock, go to TipRanks’ Stock Analysis page.