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Belararox Ltd. ( (AU:BRX) ) just unveiled an announcement.
Belararox Limited has entered into an option agreement with Minerals 260 Limited, granting them the exclusive option to acquire the Bullabulling project in Western Australia. This agreement allows Belararox to reduce its tenement holding costs and focus on its strategic goal of developing world-class copper deposits, particularly through its TMT Project in Argentina and its recently acquired licenses in Botswana. The agreement is expected to enable early development of the Bullabulling Tenements and provides Minerals 260 an opportunity to explore for gold and lithium in the region.
More about Belararox Ltd.
Belararox Limited is a mineral exploration company focused on developing resources to meet the increasing demand from technology, battery, and renewable energy markets. The company has a diverse portfolio that includes projects targeting zinc, copper, gold, silver, nickel, and lead. Key projects include the TMT Project in Argentina, a recent acquisition in Botswana’s Kalahari Copper Belt, the Belara project in New South Wales, and the Bullabulling project in Western Australia.
Average Trading Volume: 952,611
Technical Sentiment Signal: Sell
Current Market Cap: A$12.37M
Find detailed analytics on BRX stock on TipRanks’ Stock Analysis page.