Trial open cut mining planned: ~100Koz pa Au at a conservative 1oz/t Au, page-40

Hi Luke220585 and all,

“when are next drill results due?”

As I understand it the company is waiting on the final signature on the environmental licence prior to commencing the next round of drilling; the last time I spoke with Jeff he was hoping to have both the air core and diamond drilling rigs on the lease by August. Don’t hold me to it but I would expect to start hearing results from the drilling around 6-8 weeks from the start of drilling.

I believe work to speed up and improve the current assay method is ongoing and we may hear more results from some of the larger samples collected prior to the start of the planned drilling program.

If you have not read the following article you may find it interesting and remember the metal in those pictures are the real deal! Also I just noticed the date of the article 01/06/2017 and the BBX share price was quoted at: $0.11 back then.

http://www.mining-journal.com/market-insight/bbx-excites-investors/

Jeff, Michael and the whole management team are doing a tremendous job in my opinion and I’m impressed with the progress being made; if the drilling results are similar to the previous tested samples this could prove to be a stock you wish to own instead of standing on the side lines.

However, these are only my thoughts shared in good faith and certainly are not to be taken as any kind of advice. There is plenty of information on this company in the public domain and in the previous ASX announcements for your research.

Whilst I don’t think the current Gold price has a great deal of effect on the BBX share price I was still pleased to see the US $1,200.00 level maintained. Given the amount of Black Swans flying around from Qatar to North Korea I guess anything could happen that may influence the price of Gold. Another thing I also keep an eye on is the USA debt clock and I note that it won’t be long before those that think debts don’t matter will soon be able to party like it’s 1999 just prior to the tick over to twenty Trillion mark!!!

http://www.usdebtclock.org/


Cheers and very best regards: Andy