For thousands of other reports visit RSC's Mineral Intellingence Map

BBX Minerals Ltd.

opaxe

Summary

Project:

Ema

Deposit:Ema
Location:Brazil
Commodities:Gold
Date:11/26/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-11-2018: BBX Minerals Ltd. announces an Exploration/Drilling Update report for its Ema deposit at the Ema project. Drilling results incl. 4m @ 79.78g/t Au, 534.40g/t Ag, 35.23g/t Pd, 10.5g/t Pt from 2m. Brazilian gold explorer BBX Minerals (ASX: BBX or
Resources:x
CP/QP:[Overall Report]: Antonio de Castro (Internal)
ABSTRACT:Brazilian gold explorer BBX Minerals (ASX: BBX or “the Company”) is pleased to announce results of ongoing metallurgical testing from RC and diamond drill samples from the Company’s Três Estados and Ema prospects, respectively, as part of its pilot testing programme (refer announcements dated 14 March 2018, 30 April 2018, 4 June 2018, 20 August 2018 and 1 October 2018). Following the successful extraction of 7.28g/t palladium from Ema diamond drill hole EMD-008 (10-14m) and 3.03g/t palladium from EMD-010 (4-8 m) (see media release of 1 October 2018) an additional smelt without a collector metal was conducted on a 5kg sample from the EMD-011 2-6m interval (see media release of 1 October 2018). The resulting slag was assayed by standard fire assay with an AA finish, yielding significant levels of palladium (see table 1, back-calculated to the original sample weight). The slag was then refused with a copper collector, approximately three-quarters of the collector bar treated by electrolysis and 77g of anodic mud recovered. A 50g aliquot of the anodic mud was fire assayed with a gravimetric finish, yielding gold, silver and PGM buttons after partition (figs. 1,2,3, table 1). The PGM button was subsequently dissolved and read on the AA to obtain grades for Pd and Pt. Refinement of this process is continuing in parallel with ongoing development of BBX’s existing extraction methods. In parallel, the Company has continued its programme of metallurgical testing of drill hole samples, using the same process as that reported on 1 October 2018 for Três Estados and Ema RC and diamond drill holes. 18 tests (36 smelts) were conducted on 5kg samples from two metre intervals from Três Estados RC hole TERC-002, 003, 006 and 007 (see fig 1 and appendix) and Ema diamond hole EMD-011 (see fig. 2 and appendix), using the same flux components as utilised in previous drill hole testing. Down-hole locations of these extraction results and for tests reported in media releases of 30 April 2018, 14 June 2018, 20 August 2018, and 1 October 2018 are shown in the appendix. As the style and controls of mineralisation are currently not fully understood no extrapolation of extraction grades or correlation between drill holes can be inferred.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report