Secures Strategic Ground Adjacent to Toro South

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Stock Belararox Ltd (BRX.ASX)
Release Time 13 Mar 2026, 8:21 a.m.
Price Sensitive Yes
 Belararox Secures Strategic Ground Adjacent to Toro South
Key Points
  • Acquires the El Faro tenement adjacent to the Toro South copper target in Argentina
  • Adds 22km² of highly prospective ground extending the Toro South exploration corridor
  • El Faro directly abuts the Toro South prospect where drilling is currently underway
Full Summary

Belararox Limited (ASX: BRX) has announced the acquisition of the El Faro tenement, which directly adjoins the Toro South copper target at the Company's Toro-Malambo-Tambo (TMT) Project in Argentina's Vicuña District. Through its Argentinian subsidiary, GWK Minerals SA (GWK), the Company has acquired the El Faro tenement (EL 1124 000198-2023), which abuts the southern boundary of the Toro South copper prospect, where drilling is currently underway targeting a shallow epithermal system that may overlie a large-scale copper porphyry system at depth. The El Faro tenement adds 22km² of highly prospective ground to the Company's TMT landholding and is adjacent to the Toro South target, a large 1.5 x 1km surface area sampled with anomalous copper, gold and silver hosted within outcropping dacitic rocks. The tenement sits approximately 20km southeast of Atex Resources' Valeriano copper-gold deposit, which hosts a multi-billion tonne copper-gold mineral resource, along the same regional structural corridor. The acquisition strengthens Belararox's position around the Toro South target and ensures the Company maintains control of what it believes could be a highly prospective mineralised system within the Vicuña District.

Outlook

The acquisition of the El Faro tenement strengthens Belararox's control of the prospective ground surrounding its active drilling program at the Toro South target within the TMT Project in Argentina.