BBX Minerals Limited (ASX: BBX) has reported impressive assay results for diamond drill holes TED-016 and TED-017, from its 2020-21 drilling programme at the Três Estados project in Brazil.
The holes were assayed for gold, platinum, palladium, iridium, and rhodium. TED-016 returned significant iridium and local platinum results in the upper portion of the hole, with apparent enrichment at the base of oxidation.
TED-017 showed consistent coincident platinum and highly significant rhodium results in the weathered portion of the hole.
Significant results include: TED-016 o 3.19m at 3.44 g/t 5E PGM1 (2.56 g/t Pt,0.82 g/t Ir and 0.06 g/t Rh) from 14m, including: 1.67m at 5.71 g/t 5E PGM (4.89 g/t Pt, 0.70 g/t Ir and 0.12 g/t Rh) from 14m, 10.0m at 1.18 g/t 5E PGM (0.77 g/t Pt and 0.42 g/t Ir) from 21m, 2.0m at 2.56 g/t 5E PGM (2.56 g/t Pt) from 87m
Significant iridium values were reported for this hole: 9.0m at 0.73 g/t Ir from 12m, 8.0m at 0.68 g/t Ir from 25m TED-017, 2.0m at 2.94 g/t 5E PGM (2.77 g/t Pt and 0.17 g/t Rh) from 2m, 4.0m at 1.98 g/t 5E PGM (1.84 g/t Pt and 0.14 g/t Rh) from 8m, 7.0m at 1.88 g/t 5E PGM (1.75 g/t Pt and 0.13 g/t Rh) from 16m, including: 1.0m at 3.57 g/t 5E PGM (3.37 g/t Pt and 0.20 g/t Rh) from 20m.
BBX Minerals Limited’s major focus is Brazil, mainly in the southern Amazon, a region BBX believes is vastly underexplored with high potential for the discovery of world class gold and precious metal deposits.
BBX’s key assets are the Três Estados and Ema Gold Projects in the Apuí region, Amazonas State. The company has 270.5 sq. km of exploration tenements within the Colider Group, a prospective geological environment for gold, PGM and base metal deposits.
For further information please visit: https://www.bbxminerals.com/tres-estados-project/
