BPH Global Ltd (ASX:BP8) Reports Exceptional Gold and Copper Assays
Assay Results
BPH Global Ltd reported exceptional gold assays up to 14.85 mg/kg and copper assays up to 10.88 mg/kg from further testing of Phase 1 seaweed cultivated using clean, filtered seawater from Sentosa.
Phase 1 R&D
Phase 1 focused on cultivating Sesuvium Portucalastrum seaweed in controlled laboratory settings. Initial tests revealed high levels of silver and cobalt, leading to further assays measuring gold and copper content using Inductively Coupled Plasma–Mass Spectrometry (ICP-MS).
Future Plans
Building on these results, Phase 2 will involve cultivating the seaweed in brackish waters in Johor, Malaysia, to test the hypothesis that seaweed absorbs higher mineral concentrations in polluted environments.
Executive Comments
Managing Director MaWhew Leonard stated, “The presence of gold and copper, in addition to the previously identified cobalt and silver, marks another exciting milestone in our research. These results further support our view that seaweed has the potential to act like a sponge for base and precious metals in seawater. We look forward to investigating this further in Phase 2 of the R&D Program.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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