BBX Identifies Near-Surface Platinum West Of Adelar Target In Brazil
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BBX Identifies Near-Surface Platinum West Of Adelar Target In Brazil

byColin Sandell-Hay, Contributor - The Assay
3 years ago
Reading Time: 2 mins read
BBX Identifies Near-Surface Platinum West Of Adelar Target In Brazil

BBX Minerals Limited (ASX:BBX) has obtained positive platinum assay results for RC drill holes TERC 001 and TERC 008 from its 2017 drilling programme at the Três Estados project in Brazil.

Assays were conducted for gold, platinum, palladium, iridium and rhodium. Both holes intersected platinum intervals within the saprolite zone.

TERC 001 and TERC 008 were shallow holes, ending at 26m and 18m respectively.

Significant results include: TERC 001

• 10m at 1.19 g/t 5E PGM1 (1.19 g/t Pt) from surface including: 2m at 2.28 g/t 5E PGM (2.28 g/t Pt) from surface

• 4m at 1.15 g/t 5E PGM (1.15 g/t Pt) from 14m TERC 008

• 2m at 0.90 g/t 5E PGM (0.90 g/t Pt) from 14m

 “We are still on track to finish assaying the 2017 drill holes plus TED003 through to TED-005 as planned, and then begin assaying drill holes from the 2017 drilling programme at Ema,” CEO, Andre Douchane, said.

“Although the mineralisation appears to be thinning as we move west along the anomaly, this may not be the case. Mineral deposits often have areas of higher grade mineralisation and areas of lower grade mineralisation. The initial RC drill holes were not very deep, and this can also affect the results. I’m still excited to see the continuity of the mineralisation.”

For further information please visit: https://www.bbxminerals.com/

Tags: ASX:BBXBrazilExplorationPlatinumSouth AmericaSpeciality Metals
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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