Belararox intersects massive sulphides at Native Bee - The Pick Online Magazine

Belararox Ltd (ASX:BRX) has identified massive sulphides in the first assay results from Phase One RC resource drilling at the Native Bee mine area at the Belara Project in the Lachlan Fold Belt, NSW.

Phase One drilling at the Belara project is intended to build upon historic results and determine the potential of the Project to host significant zinc, copper, lead, silver, and gold mineralisation.

Highlights:

• Significant results include:
  • 2.0m at 4.46% Zn, 0.31% Cu, 1.20% Pb, 30.2 g/t Ag and 0.03 g/t Au from 88m in NBRC001, including 1m at 7.25% Zn, 0.55% Cu, 2.37% Pb, 58.2 g/t Ag and 0.06 g/t Au from 88m.
  • 6.0m at 2.12% Zn, 0.19% Cu, 0.80% Pb, 19.4g/t Ag and 0.02 g/t Au from 167m in NBRC002, including 2m at 4.81% Zn, 0.30% Cu, 1.51% Pb, 36.7 g/t Ag and 0.04 g/t Au from 167m.
  • Massive sulphide intersected in NBRC001 and NBRC002 confirm the intersection in historic hole B003, 2.7m at 5.6% Zn, 1.9% Pb, 0.4% Cu and 56 g/t Ag and historic hole B024, including 4m at 3.7% Zn, 0.7% Cu, 1.1% Pb and 39 g/t Ag.

• Both new intersections contain more combined zinc, copper, lead, silver, and gold mineralisation than predicted by the historic resource model. The width and total metal content of the mineralisation in NBRC002 is better than the interpreted mineralisation in the historic model.

We are delighted to report the new assay results for the first two holes from the resource drilling at the Native Bee resource area,” Managing Director, Arvind Misra, said.

“The holes intersected massive sulphide mineralisation. Both massive sulphide intersections at NBRC001 and NBRC002 were close to, or down dip from, intersections in historic holes, with the potential for extensions to mineralisation open along strike to the south of the new holes.

“A DHEM survey has commenced to test for further extensions to the known mineralisation areas. Initial floatation concentrates increase confidence in successful commercial recovery of zinc, copper, lead and silver. I would like to thank the team for the great results from the Phase One resource drilling and preparations for the resource estimation work.”

The Belara and Native Bee mine areas are the first high priority targets for resource drilling. A phased approach is being taken to the drilling of the Belara project area.

Phase One aims to deliver the density of drill assay intersections to estimate an Inferred Resource that is prepared in accordance with the JORC (2012) over the known area of mineralisation at the Belara and Native Bee mines.

Phase Two drilling will explore for potential new extensions to the known mineralisation and test the 34 new targets generated by prospectivity modelling using machine learning techniques.

https://www.belararox.com.au/