Belararox Limited (ASX:BRX) Belararox Raises $3.85 Million in Oversubscribed Placement
Summary
Results and interpretation of the DHEM and FLEM conducted from holes surveyed at Belara and Native Bee confirming extensions to known massive sulphide mineralisation; ii. Other geophysical surveys across the whole circa 640 sq km Belara tenement package; v. The ongoing review and evaluation of other related high value projects presented to Belararox; and vi. Belararoxs Non-Executive Chairman, Neil Warburton, commented: "The overwhelming support received by existing and new shareholders vindicates the exploration and resource potential of the Belara Project identified by the Company. We are excited to now commence the final planning for the Phase 2 drill program once the DHEM and FLEM surveys have been interpretated and following on from the release of the initial Resource in late October." About Belararox LimitedBelararox Limited (ASX:BRX) is a mineral explorer focused on securing and developing resources to meet the surge in demand from the technology, battery and renewable energy markets.
Funding
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