Belararox Ltd. · ASX:BRX
Belararox — Investor Presentation (May 2023)
35 slides from Belararox's investor presentation, May 29, 2023
Slide 1: Interpretation of Satellite Spectral Imagery and Cu-Au-Ag-(Zn) Prospectivity
Interpretation of Satellite Spectral Imagery and Cu-Au- Ag-(Zn) Prospectivity Presentation for Investors in Belararox Limited by Steve Garwin TMT Project – Area of Interest 18 May 2023 San Juan Province, Argentina
Slide 2: Presenters Bio
Presenters Bio Mr Jason Ward Dr Steve Garwin Exploration Manager - Argentina Consultant Jason Ward holds a Bachelor of Applied Science, Geology and is a Fellow and Steve has more than 35 years of experience as an exploration geologist with large and small Chartered Professional of the Australasian I
Slide 3: Important Legal Information
Important Legal Information Belararox Limited The Compan does not purport to give financial or investment advice. No account has been taken Competent Person Statement of the objectives, financial situation or needs of any recipient of this document. Recipients of this document should carefully consi
Slide 4: TMT Study Area – Regional Geology and Gold Deposits, Argentina
TMT Study Area – Regional Geology and Gold Deposits, Argentina Filo del Sol TMT Study Area Figure 1: Location of known gold deposits in Argentina and simplified regional geology (from Ford et al., 2015). The approximate location of the TMT project ASTER Sentinel 2 spectral imagery study area (~125km
Slide 5: Satellite (SRTM) Topography, Northwestern Argentina
Satellite (SRTM) Topography, Northwestern Argentina Metal Deposits Au- (Ag) Chuquicamata Ag- (Pb/Zn) Pirquitas Cu- (Au-Mo) Gaby El Aguilar Argentina Metal Occurrences Au Escondida Ag Taca Taca Cu Pb/Zn Diablillos Mo El Salvador Topographic lineament La Coipa Figure 2: SRTM topography, metal deposits
Slide 6: Landsat Imagery – Hydrothermal Alteration, Northwestern Argentina
Landsat Imagery – Hydrothermal Alteration, Northwestern Argentina Figure 3: Hydrothermal alteration deduced from Google Earth / Landsat imagery, shown with metal deposits and occurrences for northwestern Argentina. Many of the gold and copper deposits and occurrences are associated with large zones
Slide 7: Residual Gravity Image, Northwestern Argentina
Residual Gravity Image, Northwestern Argentina Metal Deposits Au- (Ag) Chuquicamata Ag- (Pb/Zn) Pirquitas Cu- (Au-Mo) Gaby El Aguilar Argentina Metal Occurrences Au Escondida Ag Taca Taca Cu Pb/Zn Diablillos Mo El Salvador Gravity lineament La Coipa Figure 4: Residual gravity image and gravity worms
Slide 8: TMT Study Area – ASTER and Sentinel-2 Spectral Results
TMT Study Area – ASTER and Sentinel-2 Spectral Results Orientation (azimuth) N Josemaria Josemaria W E Filo del Sol Filo del Sol S La Fortuna La Fortuna Figure 5: TMT Study area, showing major deposits, satellite-derived linear zones of iron-oxide kaolinite phyllic alteration (wavelength 800m) and v
Slide 9: TMT Study Area – Regional Metallogeny and Satellite Spectral Results
TMT Study Area – Regional Metallogeny and Satellite Spectral Results Spectral Target Josemaria Josemaria Filo del Sol Filo del Sol La Fortuna La Fortuna Figure 6: TMT Study area, showing major deposits, satellite-derived linear zones of iron-oxide kaolinite phyllic alteration (wavelength 800m) and t
Slide 10: TMT Project Area – Satellite-Deduced Hydrothermal Alteration Targets
TMT Project Area – Satellite-Deduced Hydrothermal Alteration Targets Figure 7: TMT project area, showing satellite- derived linear zones of iron-oxide kaolinite phyllic alteration (wavelength 400m), ranked exploration targets and the metallogenic map for northwestern Argentina. Left hand image Metal
Slide 11: Tambo – Hydrothermal Alteration Interpretation
Tambo – Hydrothermal Alteration Interpretation Tambo Tambo V 95%tile musc Figure 8: Image showing apparent zonation of hydrothermal alteration in the Tambo pyrop South and Tambo tenement area (on true- color Sentinel 2 image), using the ASTER- derived mineral models for muscovite, pyrophyllite, chlo
Slide 12: Tambo – Linear Zones of Interpreted Hydrothermal Alteration
Tambo – Linear Zones of Interpreted Hydrothermal Alteration Strength Tambo Tambo V 95%tile musc pyrop Figure 9: Image showing linear zones of iron-oxide kaolinite phyllic alteration (wavelength 100m) and associated vectors at Tambo South and Tambo V with the mineral models illustrated in the previou
Slide 13: Tambo – Muscovite Crystallinity
Tambo – Muscovite Crystallinity Crystallinity Tambo Tambo V 95%tile musc Figure 10: Image showing muscovite crystallinity as deduced from ASTER data and pyrop vectors for the linear zones of iron-oxide kaolinite phyllic alteration (wavelength 100m) at Tambo South and Tambo V. The degree of muscovite
Slide 14: Tambo – ASTER Thermal (Silica) Response
Tambo – ASTER Thermal (Silica) Response Thermal Response Tambo Tambo V 95%tile musc pyrop Figure 11: Image showing ASTER thermal response for Tambo South and Tambo V. Areas of high thermal response typically coincide with silica-rich alteration in the Argentinian Chilean Andes. The dashed lines indi
Slide 15: Filo del Sol – Hydrothermal Alteration Interpretation
Filo del Sol – Hydrothermal Alteration Interpretation Indicated 432.6 MT 0.33 % Cu 0.33 g/t Au 11.5 g/t Ag Inferred 211.6 MT 0.27 % Cu 0.31 g/t Au 7.4 g/t Ag Tambo Sur 95%tile musc Filo del Sol Contained Metal: Silica and Qtz-Alunite 4.4 Blbs Cu, 6.7 Moz Au and 165 Moz Ag Tambo V Alteration Filo del
Slide 16: Filo del Sol – ASTER Thermal (Silica) Response
Filo del Sol – ASTER Thermal (Silica) Response Thermal Response Filo del Sol Silica and Qtz-Alunite Alteration Silica Figure 13: Image showing ASTER thermal response for Filo del Sol. The mapped hydrothermal alteration indicates that a high thermal response correlates moderately well with silica-ric
Slide 17: Filo del Sol – Linear Zones of Interpreted Hydrothermal Alteration
Filo del Sol – Linear Zones of Interpreted Hydrothermal Alteration Strength Filo del Sol Silica and Qtz-Alunite Alteration Silica Figure 14: Image showing linear zones of iron-oxide kaolinite phyllic alteration (wavelength 100m) for Filo del Sol and associated vectors with the mineral models illustr
Slide 18: Veladero – ASTER Mineral Models and Thermal (Silica) Response
Veladero – ASTER Mineral Models and Thermal (Silica) Response Production from 2005-2017: 8.2 Moz Au and 16.6 Moz Ag from 319Mt at 1.09 g/t Au and 14.9 g/t Ag (from NI43-101 Technical Report, 2018). M+I Resource (as of 31/12/2017): 2.6 Moz Au and 54.5 Moz Ag from 140Mt at 0.57 g/t Au and 12.1 g/t Ag.
Slide 19: Malambo – Hydrothermal Alteration Interpretation
Malambo – Hydrothermal Alteration Interpretation Malambo Figure 16: Image showing apparent zonation of hydrothermal alteration in the Malambo tenement area (on true-color Sentinel 2 image), using the ASTER-derived mineral models for muscovite, pyrophyllite, chlorite and epidote and Sentinel 2 model
Slide 20: Malambo – Linear Zones of Interpreted Hydrothermal Alteration
Malambo – Linear Zones of Interpreted Hydrothermal Alteration Strength Malambo Figure 17: Image showing linear zones of iron- oxide kaolinite phyllic alteration (wavelength 100m) and associated vectors at Malambo with the mineral models illustrated in the previous figure. The dashed lines indicate i
Slide 21: Toro – Hydrothermal Alteration Interpretation
Toro – Hydrothermal Alteration Interpretation Toro Toro North Pyrophyllite + jarosite Figure 18: Image showing apparent zonation of hydrothermal alteration in the Toro and Toro North tenement area (on true-color Sentinel 2 Pyrophyllite image), using the ASTER-derived mineral models for muscovite, py
Slide 22: Toro – Linear Zones of Interpreted Hydrothermal Alteration
Toro – Linear Zones of Interpreted Hydrothermal Alteration Strength Toro Pyrophyllite + jarosite Toro North Figure 19: Image showing linear zones of iron- oxide kaolinite phyllic alteration (wavelength 100m) and associated vectors at Toro and Toro Pyrophyllite North with the mineral models illustrat
Slide 23: Toro – Muscovite Crystallinity
Toro – Muscovite Crystallinity Crystallinity Toro Pyrophyllite + jarosite Toro North Figure 20: Image showing muscovite Pyrophyllite crystallinity as deduced from ASTER data and vectors for the linear zones of iron-oxide kaolinite phyllic alteration (wavelength 100m) at Toro. The degree of muscovite
Slide 24: Toro – Hydrothermal Alteration Interpretation
Toro – Hydrothermal Alteration Interpretation Muscovite Toro 98%tile Pyrophyllite 95%tile Jarosite 98%tile Chlorite/ epidote 80% Figure 21: Image showing linear zones of iron- oxide kaolinite phyllic alteration (wavelength 100m) and associated vectors at Toro. Both images show the Sentinel 2 true- m
Slide 25: TMT Project Satellite Spectral Study Area, Conclusions
TMT Project Satellite Spectral Study Area, Conclusions 1 Regional Cu-Au and Au-Ag-(Zn) deposits predominantly related to porphyry- and epithermal-systems Majority of mineralization associated with Neogene volcanic- and intrusive-complexes, faults and geological lineaments The TMT area is characteriz
Slide 26: TMT Project Satellite Spectral Study Area, Conclusions
TMT Project Satellite Spectral Study Area, Conclusions 2 Case-studies provide comparison of Filo del Sol and Veladero to Tambo South, Tambo V, Malambo and Toro Filo del Sol Cu-Au-Ag resource is characterized by abundant silica (high thermal response), pyrophyllite and jarosite with flanking muscovit
Slide 27: Belararox Limited (ASX:BRX) Investor Presentation
Belararox Limited (ASX:BRX) Investor Presentation Arvind Misra Managing Director arvind.misra@belararox.com.au The Capital Network Julia Maguire 02 8999 3699 julia@thecapitalnetwork.com.au www.belararox.com.au 27
Slide 28: Appendix B: JORC (2012) Code Table 1
Appendix B: JORC (2012) Code Table 1 The so rce doc men s for he Appendi B: JORC (2012) Code Table 1 are lis ed in he References for he ASX Release. Criteria JORC Code explanation Commentary Sampling techniques x Nature and quality of sampling (eg cut channels, random chips, or specific specialised
Slide 29: Appendix B: JORC (2012) Code Table 1
Appendix B: JORC (2012) Code Table 1 Quality of assay data and x The nature, quality and appropriateness of the assaying x Not Applicable for the current ASX Release. laboratory tests and laboratory procedures used and whether the technique is considered partial or total. x For geophysical tools, sp
Slide 30: Appendix B: JORC (2012) Code Table 1
Appendix B: JORC (2012) Code Table 1 Data spacing and distribution x Data spacing for reporting of Exploration Results. x The data discussed in the current ASX Release deals with two (2) different multispectral spaceborne datasets: x Whether the data spacing and distribution is sufficient to o [i] A
Slide 31: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section). Criteria JORC Code explanation Commentary Mineral tenement and land tenure x Type, reference name/number, location and ownership including x The mineral tenures are located in the provin
Slide 32: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results Exploration done by x Acknowledgment and appraisal of exploration by other parties. x Historical exploration activities for the Toro (1124-528-M-11) tenure have been covered in the Belararox other parties Limited (ASX:BRX) ASX Release dated 23rd Mar 2023 an
Slide 33: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results Geology x Deposit type, geological setting and style of mineralisation. o Malambo; o Malambo 3; o Malambo 4; o Tambo South; o Tambo V; o Tambo North; & o Tambo North 2. The interpretation of the regional geological structures, based on a number of sources a
Slide 34: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results Drill hole x A summary of all information material to the understanding of the x Not Applicable for the current ASX Release. Information exploration results including a tabulation of the following information for all Material drill holes: x easting and nort
Slide 35: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results Diagrams x Appropriate maps and sections (with scales) and tabulations of intercepts x Appropriate maps and sections are displayed in the body of the ASX Release. should be included for any significant discovery being reported These should include, but not