BBX 0.00% 24.0¢ bbx minerals limited

Ann: Exploration Update, page-9

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  1. 4,791 Posts.
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    An assay is used to accurately determine the precious metal content of a very small sample (~50g) in a lab, normally in batches of ~20 a day used for analysing drill samples, etc.

    An extraction method is used to process large tonnages during mining (or trial mining) to extract the precious metals in a commercial plant.

    BBX are using the extraction method as a proxy for an assaying method because we haven't developed an assay method yet.

    Googling works...
    https://investingnews.com/daily/res...ction-to-gold-assaying-whats-in-a-gold-grade/
    Last edited by Midnight26: 15/06/18
 
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