Belararox Limited has commenced a large-scale airborne electromagnetic survey covering more than 1,000 square kilometres at its Kalahari Copper Project in Botswana, marking a significant acceleration in exploration activity following a strategic review and team restructuring. The survey targets the D’Kar Formation, specifically a carbonaceous horizon positioned approximately 100 metres above the D’Kar-Ngwako Pan contact zone, which represents a key control on copper mineralisation in the region. Mobilisation is underway with results expected within 10 to 14 days, to be followed by diamond drilling in May targeting priority geophysical anomalies.
The timing and scale of this program underscore Belararox’s commitment to unlocking value from its highly prospective 3,900 square kilometre landholding. The exploration strategy focuses on a largely untested northern corridor spanning permits PL2743 and PL0770, positioned strategically along strike from MMG’s world-class Khoemacau copper hub. MMG’s operation currently produces approximately 50,000 tonnes of copper metal annually and is expanding to 130,000 tonnes, providing both validation of the region’s copper potential and a potential off-take pathway for future discoveries. This geographic proximity to an operating copper producer significantly enhances the project’s development potential.
The application of an established exploration model across the Kalahari Copper Belt provides a sound technical foundation for the program. By mapping the carbonaceous D’Kar horizon and systematically targeting the DKF-NPF contact zone where copper deposits are predominantly associated, Belararox is pursuing a proven methodology used successfully by others in the region. Chief Executive Officer Will Dix emphasized that the AEM survey represents a key pillar of the exploration approach, to be combined with detailed magnetic interpretation to provide stratigraphic control prior to drilling. This integrated geophysical strategy demonstrates a disciplined approach to target generation and risk reduction before committing capital to drilling.
For investors, the announcement signals several positive developments. The refreshed technical team and refined exploration strategy suggest improved operational focus following the comprehensive asset review. The decision to prioritise the most prospective areas represents a capital-efficient approach that concentrates resources where the geological potential appears highest. The scale of the AEM survey, covering more than 1,000 square kilometres, offers the prospect of generating a robust pipeline of drill targets across a large, underexplored area. Completion of the survey within a 10 to 14 day window provides near-term visibility to progress, with diamond drilling expected to commence in May.
Near-term catalysts include the release of AEM survey results integrated with magnetic data, followed by the commencement of diamond drilling in May targeting high-priority geophysical anomalies. Management has committed to regularly updating shareholders on exploration progress throughout the coming months. Investors should monitor drill results for evidence of copper mineralisation in the target formations and any indications of economic grade intersections. The announcement is price sensitive and has been flagged as material by the ASX.
View the full ASX announcement (PDF)
About Belararox Limited (ASX: BRX)
Belararox Limited is a mineral exploration and development company based in Perth, Australia, focused on discovering and developing resources in demand from the technology, battery, and renewable energy markets. The company explores for zinc, lithium, copper, gold, silver, nickel, and lead deposits across its portfolio of projects, including the flagship Toro-Malambo-Tambo project in Argentina and operations in Australia and Botswana. The company was incorporated in 2021 and is engaged in advancing exploration programs across multiple mineral prospects.
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