BBX Minerals Limited (AU:BCM) has released an update.
Brazilian Critical Minerals Ltd reported remarkable metallurgical recoveries of up to 87% for sought-after rare earth elements at the Ema project in Brazil, signaling the potential for a very large-scale rare earth system. The company’s use of a standard leaching solution yielded promising results, indicating that the majority of the mineralization can be extracted at low costs. Additionally, the appointment of new leadership and a healthy cash position were announced, alongside positive assay results from numerous auger holes suggesting extensive high-grade zones.
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