• MT/IP geophysical surveys to refine drill targets at Toro South and Tambo South prospects
• Quantec Geoscience secured to conduct the surveys
• Drilling contract discussions in final stages, expected to commence in late November 2025

Belararox Ltd has announced the commencement of the field season at its highly prospective Toro-Malambo-Tambo (TMT) Project in Argentina's San Juan Province. Exploration activities are now underway, with road clearing progressing smoothly to the TMT camp and nearby Toro South target. MT/IP geophysical surveys are set to begin in the coming fortnight across the Toro South and Tambo South prospects, aiming to further refine high-priority targets in preparation for a drilling campaign planned for Q4 CY25. Quantec Geoscience, a recognised global leader in geophysical subsurface imaging, has been secured to conduct the geophysical surveys. The drilling contract negotiations are well advanced, and a binding agreement is expected to be executed shortly with a leading international contractor. The field season is now underway at the TMT project, and the company is moving full steam ahead. Once the access road is cleared and the Exploration camp is reopened, the company will advance its exciting Toro South and Tambo South targets with combined MT/IP geophysical surveys. This program is designed to further refine the targets for potential follow-up drilling in Q4 CY25.

The company is advancing the TMT Project with leading partners like Quantec Geoscience, ensuring world-class execution as Belararox builds momentum toward unlocking the TMT's full potential.