BBX Minerals (ASX:BBX) shares have close to doubled over the...

BBX Minerals (ASX:BBX) shares have close to doubled over the past week, closing at $0.017 yesterday, as the company prepares to drill test its Juma East gold-copper project.

Juma East is located in the Apui region in Amazonas state, with the area shooting to fame about a decade ago after rumours of the discovery of a "new Eldorado", which attracted thousands of artisanal miners.

BBX recently accepted a drilling tender from a subsidiary of Drilling Corp of Canada (TSX- V: EGD) to drill the Guida and Plato prospects.

Locations of the proposed drill holes have been finalised with base camp construction and widening of the access road to facilitate mobilisation of the drilling equipment completed.


Early comparisons to Wafi-Golpu

Adding further interest to the project, an induced polarization survey at the Plato prospect have drawn early comparisons to the world-class Wafi-Golpu project, hosting 28 million ounces of gold, 9 million tonnes of copper and 50 million ounces of silver.

The Wafi-Golpu project is located in Papua New Guinea, and owned by  Newcrest Mining (ASX:NCM) and Harmony Gold (NYSE:HMY).