BBX Minerals: Confirms “excellent” bioleaching tests at Três Estados, Brazil

BBX Minerals Confirms “excellent” bioleaching tests at Três Estados, Brazil

  • BBX Minerals (BBX) confirms “excellent” bioleaching testwork results on a composite sample from a drill hole at its Três Estados gold project in Brazil
  • The test showed a “significant” increase in five-element (5E) precious metals following the bioleaching process compared to previous assays from the same drill hole
  • However, BBX says the results may not be indicative of the overall mineral resource estimate mineralisation, and additional work is required on composites above and below this zone
  • Pilot plant testing of the remaining sample will begin between Christmas and New Year’s and take several weeks before more results are released
  • Shares in BBXMinerals are up 23.29 per cent and trading at nine cents at 2:19 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...