Work at the Ema Project Source: BBX Minerals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • BBX Minerals (BBX) reports “impressive” results from its bioleaching pilot plant test, via a sample from its Três Estados project in Brazil
  • It marks the second pilot plant test of its kind, following a product supply and IP agreement between BBX and Ecobiome
  • Assay results from the test returned a combined total of 16.52 g/t of palladium and gold, which potentially underscores the abundance of precious metals within the mineral resource
  • BBX will review and refine its process strategy, aiming for “continuous improvements” and maximising recoveries in its upcoming pilot plant testing
  • BBX Minerals climbs 17 per cent, trading at 5.5 cents at market close

BBX Minerals (BBX) has reported “impressive” results from its bioleaching pilot plant test, via a sample from its Três Estados project in Brazil.

BBX announced the milestone uncovered “tremendous potential” for the company and its stakeholders.

It marks the second pilot plant test of its kind, following a product supply and IP agreement between BBX and Ecobiome.

The pilot plant test was conducted at EcoBiome’s USDA-certified facility in The Woodlands, Texas, using a 50-kilogram sample taken from Três Estados.

Assays from the test returned a combined total of 16.52 grams per tonne (g/t) of palladium and gold, which potentially underscores the abundance of precious metals within the mineral resource.

The findings also showed a substantial enhancement in metal recovery through the bioleaching process.

BBX CEO Andre J Douchane said the 16.52 g/t of precious metals is the most exciting news to come from the pilot plant test work to date.

“If the bioleaching process continues to deliver encouraging results, this could be a game changer for the Três Estados project and for BBX,” he said.

“This product works amazingly well and as one can readily see; we need to lengthen the time of the next test starting June 27.

“We are currently planning to run this pilot plant test for 20 days of leaching.”

BBX reported it aims to review and refine its process strategy, striving for “continuous improvements” and maximising recoveries in its upcoming pilot plant testing.

BBX climbed 17 per cent, trading at 5.5 cents at market close.

BBX by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: ASX hits a two-week high, all sectors in the green | 25 June 2024

The ASX200 has hit a two-week high today, closing up, 1.36%. All sectors closed in the…
The Market Online Video

ASX Market Update: Market in the green, and CBA hits all time high | 25 June 2024

The ASX200 is trading up nearly 1%, with all sectors in the green. However, while the…

First ASX Bitcoin ETF dips below listing price as BTC falls -8%; but YoY growth strong

While Guzman Y Gomez listing on the ASX was the biggest event of last week, it…

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

The one defining feature of our post-COVID 'new normal' is a USA swing towards domestic supply…