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Belararox Ltd. ( (AU:BRX) ) has issued an update.
Belararox is intensifying drilling at the Toro Central prospect within its TMT Project in Argentina, following a previously reported high-grade silver-zinc-copper-gold intersection. Current diamond drilling is focused on the northern part of a dacite intrusion, where surface geochemistry and historic holes point to the highest silver grades and broad mineralised zones.
The company is testing down-dip and along-strike extensions of the recently discovered high-grade silver zone while also probing repeat structures that may host additional polymetallic mineralisation. In parallel, geophysical results from Tambo South and early work on the new El Faro tenement are refining copper porphyry targets, positioning the TMT Project for a potentially high-impact 2026–2027 exploration season and signalling ongoing upside for investors and project stakeholders.
The most recent analyst rating on (AU:BRX) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Belararox Ltd. stock, see the AU:BRX Stock Forecast page.
More about Belararox Ltd.
Belararox Ltd. is an ASX-listed mineral exploration company focused on polymetallic deposits in Argentina’s San Juan Province. The company is advancing its TMT Project, targeting high-grade silver, zinc, copper and gold mineralisation with an eye to defining both near-surface resources and deeper copper porphyry systems in a highly prospective Andean mining district.
Average Trading Volume: 946,746
Technical Sentiment Signal: Sell
Current Market Cap: A$20.16M
For an in-depth examination of BRX stock, go to TipRanks’ Overview page.