Hurrah! Hmmm, only 68.2 g/t gold and 2099.4 g/t silver --> 95g/t AuEq --> 3 ounces AuEq, but:
"BBX focused on the recovery of gold and silver rather than PGM´s using this extraction process as the procedure was designed to replicate that of the 14th August announcement. Additional work is in progress in both Brazil and Australia to further fine tune and streamline the extraction process. All metallurgical test results should therefore be considered as partial extraction results, reflecting the efficiency of the test methodology rather than representing absolute precious metal values in the samples."
Obviously there is some zonation in grade (correlating with aspy, cpy content?) and they will continue to improve recoveries but they're still insane high grades and they still haven't found any gabbro that would go to a waste dump so the tonnages could be massive. No doubt they'll setup the trial pits so we're mining super high grade dirt initially.
It looks like there different rock types at Ema (fine-med grained ?porphyritic gabbro) and Tres Estados (coarse grained gabbro) so maybe different ore mineralogy so maybe they will require slightly different extraction techniques, which is alluded to here: "The nature of the mineralisation within the sampled areas is currently under investigation in independent laboratories in Brazil and Australia." Eventually they'll want to include some geometallurgical parameters into their grade control model.
Drilling results expected in February-March. Hehe, we could be miningbefore then if we get the approvals.
Still heaps of news to come......
BBX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held