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BBX Minerals (ASX:BBX) reports “impressive” results from bioleaching pilot plant test

ASX News, Materials
ASX:BBX
27 June 2023 16:19 (AEST)

Work at the Ema Project Source: BBX Minerals

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.

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