BBX Minerals
Financials:
Primary ticker: ASX:BBX
Stage of development: Exploration
Primary minerals: PGMs
Project to promote: Tres Estados
Project location: Northern Brazil
Website: www.bbxminerals.com
BBX Minerals is a precious metals exploration, resource development and tech co based in Perth, Australia, with assets and operations in northern Brazil. BBX Minerals’ two 100% owned projects, Tres Estados and Ema, are located in the state of Amazonas, Brazil. Tres Estados contains 44 drill holes located within magnetic and precious metals geochemical anomalies inside the 8,172-hectare tenement. Ema contains 38 drill holes located within an extensive precious metals geochemical anomaly inside the 18,874-hectare tenement.
Cash: AUD$500k
Major shareholders:
Drake Financial (JP Morgan) – 40.3%
HSBC – 5.4%
AJ Igo – 5.5%
CitiCorp – 3.1%
Management Ownership – 6.6%
Management Profile
Mr Douchane joined BBX on 21 October 2019. Mr Douchane is a highly experienced mining executive with extensive experience over 40 years in North and South America, including COO, CEO and Chairman roles with a number of mid-tier and junior mining companies including Round Mountain, Battle Mountain Gold, Franco-Nevada, North American Palladium and Starfield Resources. In addition to Mr. Douchane’s executive experience, as a mining engineer he has deep technical expertise in many aspects of the extraction business including exploration and ore body development, feasibility and full engineering studies, mine and process plant construction and on-site operations management.
What is your rationale for taking part 121 Mining Investment?
What recent news would you like to highlight to investors attending?
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Continue working with EcoBiome to develop a complete precious metals recover circuit. Continue assaying drill holes. Begin environment background studies and permitting
6 Months:
Begin bio leach testing of Tres Estados resource. begin 4000 meter drill program at Tres Estados. Continue assaying, bio leach, and environment permitting work.
12 Months: