High-grade silver-zinc-copper-gold

Belararox TMT Polymetallic Project

The ASX-listed explorer is testing a deeper copper porphyry target beneath the high-grade silver-zinc-copper-gold mineralization reported at Toro Central

Matías Astore
by Matías Astore 2026-04-24
2026-04-24
El Faro is the new copper deposit driving Belararox's expansion in San Juan
El Faro is the new copper deposit driving Belararox's expansion in San Juan

Belararox Limited, the Australian-listed mineral exploration company (ASX: BRX), is continuing diamond drilling at the Toro Central prospect within its Toro-Malambo-Tambo (TMT) polymetallic project in San Juan province, Argentina, targeting additional high-grade silver-zinc-copper-gold (Ag-Zn-Cu-Au) mineralization comparable to the intercept reported in drillhole TMT-TC-DDH-002.

Belararox CEO Will Dix said the company continues to build its geological model at TMT and that the success at Toro Central provides a key area of high-grade mineralization to start from. Dix noted that "these geological systems are kilometres in scale" and that locating the most prospective zones is iterative across multiple exploration campaigns, adding that drilling through the remainder of the field season will help position TMT for another high-impact Argentine exploration season in 2026-2027.

Exploration General Manager Chris Blaser said follow-up drilling is under way to test the down-dip and along-strike extensions of the high-grade silver mineralization at Toro Central. Blaser added that while the near-surface high-grade silver discovery is encouraging, the exploration team remains focused on evaluating the broader copper porphyry potential and the significant upside across the wider TMT project.

Belararox continúa las perforaciones diamantinas en el prospecto Toro Central,
Belararox continúa las perforaciones diamantinas en el prospecto Toro Central,

Greater Copper Porphyry Potential

Assay results from the latest drillholes are expected in late April, once the sample backlog at the laboratory has been processed.

Current drilling is concentrated on the northern portion of the dacite intrusion, where surface geochemistry shows the highest silver grades and historical drilling intersected wide zones of mineralization. Additional work is under way to define the relationship between the high-grade polymetallic intercepts and a possible copper porphyry target at depth.

Plan view of simplified geology of Toro Central. The red dashed outline highlights the target zone, which appears to be
structurally controlled and i
Plan view of simplified geology of Toro Central. The red dashed outline highlights the target zone, which appears to be structurally controlled and i

At Tambo South, recent magnetotelluric and induced polarization (MT/IP) survey results point to greater copper porphyry potential; field mapping is planned to refine drill targets for the 2026/2027 season.

Initial interpretation and evaluation of El Faro, a recently acquired tenement, is under way, with drill targets expected to be generated for the 2026/2027 field season.

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