An emerging brazilian
resource exploration
and
development company


 

WHY BRAZIL

  • Total area of Brazil larger than Australia
  • Vastly under explored relative to other major mining jurisdictions
  • A healthy investment climate
  • Track record of the Brazilian government honouring contract terms
  • World’s 5th largest and Latin America’s largest economy, with rapidly growing population (currently 200 million)
  • US$830 billion committed to infrastructure spending
  • Awarded investment grade status by S&P and Moody’s

 

PROJECTS

The Company’s strategy is to create Shareholder value by the acquisition, exploration and development of quality resource projects in Brazil. The Company has built a balanced portfolio of projects that will provide a combination of near term cash flow with sustainable profits and substantial exploration potential. Brazil is considered a mining friendly country, largely under explored and with low sovereign risk.

BBX has five distinct projects

- JUMA EAST 
  – BBX has been granted 5 exploration leases
  – 6 targets on Juma East were drilled in late 2015
  – Assay results from the drilling programme are being consistently released

EMA
  – BBX has been granted 1 exploration lease
  – Soil sampling and mapping has been undertaken in July – August 2016

- TRES ESTADOS
  – BBX has been granted 1 exploration lease
  – Soil sampling and mapping has been undertaken in July – August 2016 

- POMBOS
  - BBX has been granted 1 exploration lease

- ELDORADO DO JUMA
  - BBX still maintains a 75% option over the Eldorado do Juma project