Australian (ASX) Stock Market Forum

BCM - Brazillian Critical Minerals

BBX Minerals seeing some share price gains in the last few weeks. Its share price has risen from 12c in mid-September to 22c today.

The company has had some exploration success of late at the Três Estados and Ema prospects in Brazil and this appears to be the catalyst for the recent share price gains.

They may need to raise capital in the next quarter so that may potentially be a bump in the road for them.

big.chart-BBX.gif
 
This is a great posting breaking the starvation of this thread for 6 years !
Started on 2012 and first break through in 2018.
I do not hold it. Just reviewing the opportunities to get ASF a bit more proactive and hope Joe is reading it so that he could review the threads inactive for more than 12 months with some own research data to get more active (no offence mate).
BBX rose 33% today
Thanks Greg
 

BBX Minerals eyes resource expansion with “exceptional” REE recoveries at Ema, Brazil​

ASX News, Materials

ASX:BBX MCAP $13.97M
Bianca GimondoMarkets Reporterbianca.gimondo@themarketherald.com.au03 October 2023 11:31(AEDT)
https://themarketherald.com.au/bbx-minerals-eyes-resource-expansion-with-exceptional-ree-recoveries-at-ema-brazil-2023-10-03/

  • BBX Minerals (ASX:BBX) reports “exceptional” recoveries of neodymium and praseodymium oxide from a standard ammonium sulphate leach test conducted on its Ema auger samples
  • SGS laboratories in Brazil analysed the samples, with results revealing the presence of high-grade Ionic REEs within the regolith in all holes
  • BBX believes there is potential for higher-grade ionic-recoverable zones, which are subject to further exploration at deeper depths
  • The company has received full assay results for 13 holes out of the 66 holes drilled to date
Live Long Term Chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^BBX&p=5&t=1
Short term: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^BBX&p=0&t=1
 
December 7, 2023
  • BBX Minerals (ASX:BBX) extends the REE mineralisation at Ema in the Apuí region of Brazil to seven kilometres by six kilometres with grades reaching more than 1000 ppm TREO
  • It remains open in all directions with the majority of drill holes grading 30 per cent permanent magnets, neodymium and praseodymium
  • BBX has also hit success with its extraction strategy, recovering up to 61 per cent of the REEs via simple ammonia sulphate leaching
  • The results paired with additional sulphate leaching work hand in hand to support the release of an initial MRE for the project in the first quarter of 2024
 
On December 22nd, 2023, BBX Minerals Limited (BBX) changed its name and ASX code to Brazillian Critical Minerals Limited (BCM).
 
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