Brazil Minerals Inc. announced today that it now has rare earths areas comprising three mineral rights totaling 12,528 acres in Brazil. Two mineral rights are in the state of Goiás and one mineral right is in the state of Tocantins. Brazil is one of only very few countries where rare earths are known to occur in concentrations allowing economic recovery. Mr. Areli Nogueira, geological engineer of the project [...]
Brazil Minerals Inc. announced that it has expanded its lithium footprint in Brazil over 32-fold to now 9,677 acres by adding three lithium claims totaling 9,389 acres in the state of Minas Gerais last week. Brazilian lithium comes primarily from hard-rock spodumene deposits recognized as one of the highest-quality in the world due to lower impurities and thus better suited for high technology applications such as [...]
Brazil Minerals Inc. announced today that it has obtained the last necessary approval from a regulatory entity in Brazil to allow mining for gold and diamonds in one of its many Jequitinhonha River Valley mineral rights. As announced previously, a drilling campaign within this project area indicated that 35 out of 35 drills holes were positive for gold. Additionally, in a majority of such drill holes, satellite markers [...]
Brazil Minerals Inc. announced today that it has obtained the rights to an iron project area with 4,120 acres in the “Quadrilátero Ferrífero” , one of the premier iron regions in the world with multiple operating mines. Iron ore is in high demand with strong sales of Brazilian iron ore for export or for use by local steelmakers. Recently, the price of iron delivered at a foreign port spiked to [...]
Brazil Minerals Inc. announced today that it is in advanced planning for a gold and diamond open-sky operation in the Jequitinhonha River Valley. Last week, the Company finished three of a total of six drill holes for the purpose of demarcating the precise boundaries of the initial mining pit. In this mineral right, as previously announced, a drilling campaign showed gold in all 35 drill holes, as well as markers for [...]
Brazil Minerals Inc. announced today that it has achieved a key milestone towards mining gold and diamonds from a promising area in the Jequitinhonha River Valley. Recently, this project was inspected by the local environmental council which then voted to give its permit for its advancement, an essential condition towards mining. With this critical approval on hand, Brazil Minerals expects to receive any additional [...]
Brazil Minerals Inc. announced today that it had been granted by the local mining authority the Exploration Permit for its nickel, cobalt and copper project that encompasses two mineral rights in an area of approximately 5,000 acres in the state of Goiás, Brazil. The Company’s project is in a well-known area for lateritic nickel deposits, with the potential for associated cobalt and copper. Goiás is [...]
Brazil Minerals Inc. announced today that the Company, and its subsidiary Jupiter Gold Corp., have been added to Channelchek. Channelchek is an emerging growth investor portal developed by Noble Financial Group, Inc. The portal offers investors free access to balanced news, advanced market data, equity research, webcasts, podcasts and more. Brazil Minerals also announced that its revised website is now accessible at [...]
Brazil Minerals Inc. announced today that it is progressing on the regulatory licensing pathway for commercial production from one of its premier areas for gold and diamond. The location to be mined has been extensively drilled with results showing that 35 out of 35 drill holes tested positive for gold. Additionally, a section was found to have high probability for diamonds given the prevalence of "satellite markers" in [...]
Brazil Minerals Inc. announced today that it has engaged Noble Capital Markets, an investment bank with offices in New York, Boston, St. Louis and Boca Raton to provide advisory services to the Company. Noble will work with Brazil Minerals on strategies and investor outreach in order to help the Company to eliminate its variable-rate convertible debt and to provide the Company with access to growth capital. Marc Fogassa [...]
Brazil Minerals Inc. announced today that the common stock of its majority-owned subsidiary, Jupiter Gold Corp., has begun trading in the U.S. over-the-counter market with ticker symbol JUPGF. The Company has been informed that JUPGF shares may be transacted through various brokers-dealers such as TD Ameritrade, Inc., Glendale Securities, Inc. and Charles Schwab Corp. Marc Fogassa, Chief Executive Officer of the Company [...]
Brazil Minerals Inc. announced today that it has advanced on mining licensing requirements for its new gold and diamond project in northern Minas Gerais state in Brazil. On September 18, 2018, the Company announced that 35 out of 35 drill holes in a drilling campaign undertaken in the area were visually positive for gold and on September 20, 2018, the Company further announced the discovery on such property of a [...]
