BBX 0.00% 24.0¢ bbx minerals limited

100% ore! Avg 40g/t Au 1km x 200m to EOH all holes, OP mining 2019, page-262

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  1. 1,378 Posts.
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    Practical? No
    Reliable? No
    Repeatable? Nope

    Thats why the company has said it is:

    "Continuing to work on the refinement of a practical and repeatable analytical method suitable for assaying large volumes of routine drill samples....that can reliably reproduce the levels of precious metals from BBX's proprietary smelting methodology"

    You can fire assay slags with mystery collectors and get non-repeatable numbers multiple times all you want but it still dosen't quantify how much precious metals they have, and if its economical to extract in large volumes, and at what cost in energy, time and reagents?

    If they can't deal with the volumes of material from an RC drilling program, where they are producing non-reproducible numbers in Kg of material per month then how do they make the leap to tonnes of material per day, which is what mining is all about? Whats the nett energy balance and cost of energy inputs per Ounce of gold recovered?
 
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Currently unlisted public company.

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