Tres Estados

The Tres Estados Gold Project is located 60 km southeast of Apui, with year-around access by gravel roads. The area is located over the mapped Colider group, a prolific volcanic Proterozoic unit for gold and base metal deposits.

Location
✔ 60km southeast of Apui;
✔ Covers an area of 8,172.25

Geology and Mineralisation
✔ Tenement located over a series of gabbroic intrusions defined by prominent E-W and NE-SW magnetic anomalies, local gold-in-soil geochemical anomalies and shallow artisanal gold workings;
✔ The principal NE-SW magnetic feature and geochemical anomaly is about 1km wide and 4km long;

Trial Mining Licence
✔ Application for trial mining lodged. Once approved, BBX will be allowed to mine 50,000 tonnes of mineralised rock per annum. The license is renewed annually;

Drilling
✔ BBX has drilled a total of 2,273 meters at the Tres Estados Project

Geology

Figure 1: Soil geochemistry overlain on aerial magnetics

The Três Estados tenement is located over a series of gabbroic intrusions defined by prominent E-W and NE-SW magnetic anomalies, local gold-in-soil geochemical anomalies and shallow artisanal gold workings. The principal NE-SW magnetic feature and geochemical anomaly is about 1 km wide and 4 km long and coincident with a dilation zone produced by a major NE-SW fault system (fig. 1). The gold-in-soil anomalies are largely associated with magnetic lows within or adjacent to the high magnetic trend, suggestive of magnetite destruction by hydrothermal fluids.

Trial Mining License

Application for trial mining lodged. Once approved, BBX will be allowed to mine 50,000 tonnes of mineralised rock per annum. The license is renewed annually.