BBX Minerals (ASX:BBX) reports it continues to uncover mineralisation close to surface at its Três Estados Project after receiving assays from RC drillhole TERC 011 from its 2017 drilling program.
Assays were conducted for gold, platinum, palladium, iridium, and rhodium. Platinum and iridium mineralisation was intersected throughout the drill hole in both weathered and unweathered gabbro, further extending the known mineralisation to the west of the Adelar target.
‘Significant’ results from TERC 011 include:
- 2m at 0.99 g/t 5E PGM (0.99 g/t Pt) from 16m
- 2m at 0.88 g/t 5E PGM (0.51 g/t Pt and 0.37 g/t Ir) from 28m
Addressing the results, BBX CEO Andre J Douchane commented: “I am very pleased that we continue to see mineralisation this far from the main target and close to surface.”
“I am very pleased that we continue to see mineralisation this far from the main target and close to surface”
BBX is a mineral exploration and technology company listed on the Australian Securities Exchange. Its major focus is Brazil, mainly in the southern Amazon, a region BBX believes is vastly underexplored with high potential for the discovery of world class gold and precious metal deposits.
BBX’s key assets are the Três Estados and Ema Gold Projects in the Apuí region, Amazonas State. The company has 270.5km-square of exploration tenements within the Colider Group, a prospective geological environment for gold, PGM, and base metal deposits.
Write to Adam Orlando at Mining.com.au
Images: BBX Minerals Ltd
