Brazil Resources announce the results from initial gold exploration programs on its Montes Aureos and Trinta Projects located within the Gurupi Belt, Maranhao state, northeast Brazil and its Artulandia property located contiguous with the Company's 247,000 acre Pireneus Project area, Goias, central Brazil. Highlights include: Montes Aureos- mineralized zone, typical of greenstone belts in this district. To date [...]
Brazil Resources is pleased to announce that its wholly-owned subsidiary has entered into an option agreement to acquire an 100%-interest in the 12,000-acre Artulandia Property located in Goias State. The Artulandia Property is contiguous to the Company's recently announced Pireneus Project, a 247,000-acre project area located approximately 150 km west of Brasilia. Goias State is an emerging gold-producing district with [...]
Brazil Resources is pleased to announce it has staked 247,000 acres covering the Pireneus region in Goias State, Brazil. The project area is located approximately 150 km west of Brasilia and contains several occurrences of historic artisanal gold mining operations. After completing a preliminary review of available exploration data and examining neighbouring projects, the Company's geological team is encouraged by the [...]
Brazil Resources is pleased to announce the acquisition of the 24,678 acre Maua Project in the emerging Gurupi Gold Belt located in Maranhão State, Brazil. The project is located approximately 2.5 km. west of the Company's Montes Áureos Gold Project. This is the Company's third acquisition in the Gurupi Gold Belt, and increases the total land package here to 53,263 acres. Most known gold mineralization within the [...]
Brazil Resources is pleased to announce that Enzio Garayp was elected to its board of directors by the Company's shareholders at its annual general and special meeting held yesterday. At the Meeting, the Company's shareholders also, among other things, re-elected its incumbent board members. On Mr. Garayp's appointment, Amir Adnani, Chairman, stated: 'We are very pleased to have Enzio join our board of directors [...]
Brazil Resources is pleased to announce that its common shares have begun trading on the OTCQX® International market under the symbol 'BRIZF.' The OTCQX, the most prestigious tier operated by OTC Markets Group, offers U.S.-based investors access to the Company while ensuring the highest regulatory standards in the OTC market. The commencement of trading on the OTCQX, in addition to the TSX Venture Exchange listing, is [...]
Brazil Resources is pleased to announce that, effective immediately, it has appointed Ovidio Antonio de Angelis to the Company's Advisory Board. On Mr. de Angelis' appointment, Amir Adnani, Chairman, stated, “Ovidio's leadership experience in the many levels of Brazil's government, including the mining state of Goias, brings much needed understanding and valuable relations to the Company.“ Ovidio Antonio de Angelis served [...]
KCR, LLC has acquired, through the facilities of the TSX Venture Exchange, 525,000 common shares of Brazil Resources Inc., representing approximately 1.5% of the outstanding BRI Shares, at an average price of $1.15 per BRI Share. As a result, KCR, LLC now has ownership and control over a total of 5,625,000 BRI Shares, representing approximately 16.05% of the outstanding BRI Shares.
Brazil Resources is pleased to announce that it has commenced trading on the TSX Venture Exchange. With $8,000,000 cash on hand and no debt, the Company has started a work program on its Montes Áureos gold project in the State of Maranhão, Brazil, and is assessing other projects of merit in Brazil and elsewhere in South America.
Brazil Resources is pleased to announce that it has completed its initial public offering of 3,800,000 common shares at a price of $0.65 per BRI Share for gross proceeds of $2,470,000. The TSX Venture Exchange has approved the listing of the BRI Shares and has advised the Company that the BRI Shares will commence trading on the TSX-V on May 16, 2011 under the symbol "BRI".