BBX Minerals Limited announced that assaying of the first completed RC drill holes in its 2017 programme at Três Estados, TERC 002, TERC 003, TERC 004 and TERC 005 is now complete. Assays were conducted for gold, platinum, palladium, iridium and rhodium. Precious metal mineralisation was encountered in all holes, including a higher grade multi-element zone immediately below the base of weathering in TERC 005.

TERC-003: 2m @ 1.26g/t Pt, 0.46 g/t Ir and 0.03 g/t Rh from 0m 6m @ 1.36 g/t Pt and 0.04 g/t Rh from 20m 2m @ 2.34 g/t Pt, 0.31 g/t Ir and 0.02 g/t Rh from 30m 12m @ 1.71 g/t Pt and 0.03 g/t Rh from 38m (open at depth). TERC-005: 6m @ 4.28 g/t Pt from 12m incl. 2m @ 1.02 g/t Au, 0.23 g/t Pd, 9.38 g/t Pt, 0.11 g/t Ir and 0.06 g/t Rh 2m @ 1.39 g/t Au from 32m.