BBX has signed a contract for a programme of 1000 to 1500m of Reverse Circulation (RC) drilling, scheduled to commence at Três Estados and Ema during the week of 21 August. The RC drilling will be conducted along existing tracks without the requirement for an environmental licence. Diamond drilling is expected to commence in late-September (see figs. 2,3), following granting of the environmental licence, now anticipated for early-mid September
BBX Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held