BRX.ASX: Geophysical interpretation confirms priority target at KCP

Geophysical interpretation confirms priority target at KCP

Stock	Belararox Ltd (BRX.ASX)
Release Time	23 Jun 2026, 8:16 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Belararox Updates on Kalahari Copper Project

Key Points

Strong geological continuity confirmed at KCP
Drilling expected to commence in July
Ionic soil geochemical sampling underway
Detailed interpretation of geophysical data ongoing

Full Summary

Belararox Limited (ASX: BRX) has provided an update on the progress of copper exploration at its 100% owned Kalahari Copper Project (KCP) in Botswana. The initial interpretation of magnetic data from an airborne electromagnetic survey highlights strong geological continuity of the prospective geological sequence. This continuity trends along strike to the northeast from the Khoemacau mining district into Belararox's tenure. Ionic soil geochemical sampling over selected areas is underway, with drilling companies shortlisted for the commencement of drilling in July. The Company expects to have the full set of interpreted data available, including AEM inversions and a preliminary 3D geological model in approximately two to three weeks, which will be used to plan initial drilling.