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BBX Minerals has executed a Product Supply and IP License Agreement with Ecobiome Metals and will initiate a second round of pilot plant testing and optimization using 200 kg of material from four drill holes.
The Agreement includes commercial terms, guidelines, obligations, and financial details, including fees and an ongoing Net Smelter Return payable by BBX.
BBX and Ecobiome will continue pilot plant testing and optimization with the goal of incorporating the collected data into a comprehensive technical report and a Preliminary Economic Assessment.
BBX Minerals Limited (ASX: BBX) has reported excellent results from initial pilot plant testing, utilising a 45kg composite sample from drill hole TED-015.
The pilot plant simulates a potential production circuit for the mineralisation at the Três Estados project, and bioleaching is a simple and effective technology for metal extraction from low-grade ores.
Positive results from first of several pilot plant tests demonstrate the suitability of this bioleaching process, with samples assayed for gold, platinum, palladium, iridium, and rhodium.