Belararox

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Primary ticker: ASX:BRX
Stage of development: Exploration
Primary minerals: Copper, Gold, Zinc, Silver, Lithium
Project to promote: Malambo and Tambo South Project in Argentina
Project location: Argentina
Website: www.belararox.com.au

Belararox (BRX) is an advanced mineral explorer focused on securing and developing high-value, clean-energy resources to meet the surge in demand from the technology, battery and renewable energy markets. Our projects currently include the potential for copper, lithium, zinc, gold, silver, nickel, and lead resources.

Cash: AUD8.2M
Debt: NIL

Major shareholders:
Denala Ltd – 15.32%
Aranak Pty Ltd – 10.03%
Michlange Pty Ltd – 6.34%
Hardwood Holdings Pty Ltd – 5.11%
Dominic Virgara – 2.17% 
Management Ownership – 11%

Financials

Management Profile

Arvind Misra, Managing Director

Arvind Misra, Managing Director of Belararox Limited holds a Bachelor of Technology degree in Mining Engineering and a Bachelor of Computer Science. Mr Misra has over 30 years industry experience working in small- and large-scale mining companies in Australia, Asia and Africa. Mr Misra has served on ASX listed companies as well as private companies and worked on numerous high profile projects.

What is your rationale for taking part in 121 Mining Investment?

Meeting new investors, looking for market support and new developments

What recent news would you like to highlight to investors attending?

Successful $8m placement to progress the TMT Project

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
1. Drill 6000m of Diamond Core at the TMT Poject in Argentina
2. Field work at TMT project in Argentina to define new targets.
3. tenement-scale geophysical surveys in the Kalahari Copper Belt project to assist with exploration plan

6 Months:
1. Exploration target publication TORO project, Argentina. Preliminary analysis of Malambo and Tambo project Argentina.
2. Intitial Field Work at the Kalahari Copper Belt project
3. Development of an exploration plan at the Kalahari Copper Belt project

12 Months:
1. Exploration target publication TORO project, Argentina. Preliminary analysis of Malambo and Tambo project Argentina.
2. Further exploration drilling at the TMT project in Argentina
3. initial drilling campaign and the Kalahari Copper Belt project

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Challenges – Subdued market conditions for junior base metals companies; Solution – drilling high impact copper porphyry targets that have to potential to be company making deposits

What do you think makes your company such a compelling investment?

Two projects in world class copper belts and a great team

What are the top 3 key investor takeaways?

1. Tightly held capital structure.
2. World class experienced and proven team.
3. Projects in major copper belts and surrounded by majors