Brazil Minerals Inc. announced today that it had been granted by the local mining authority the Exploration Permit for its 288-acre lithium project located in the region of Salinas, state of Minas Gerais, in Brazil. With this new phase of the project, Brazil Minerals intends to proceed with a ground study campaign to start during the current quarter and be completed by the end of the first quarter of 2019. The Company's [...]
Brazil Minerals Inc. announced today that it added Valéria da Rocha to its Brazil-based management team. Ms. Rocha is an expert in the initial licensing of new mines with various Brazilian government regulators. She reports to Brazil Minerals' Chief Executive Officer and works alongside mining engineers and geologists in preparing all that is needed for advancing the Company's projects from planning to full [...]
Brazil Minerals Inc. announced today that Marc Fogassa, CEO of Brazil Minerals, will be a featured presenter at the MicroCap Conference on Monday, October 1, 2018 at 11:00 AM. The conference is being held on October 1-2 at the Essex House in New York City. Mr. Fogassa will provide an overview of the Company's business model and growth strategy, and will be available for one-on-one meetings. Institutional investors may [...]
Brazil Minerals Inc. announced today its extensive drilling campaign in one of its several mineral rights in the Jequitinhonha River Valley in northern Minas Gerais state in Brazil yielded alluvial material with a high likelihood for diamonds in over 57% of the drill holes executed, according to members of the Company's technical team with expertise in alluvial diamond exploration. Marc Fogassa, CEO of the Brazil [...]
Brazil Minerals Inc. announced today that it had concluded an extensive drilling campaign of one of its several mineral rights in the Jequitinhonha River Valley located in the northern part of the state of Minas Gerais in Brazil. The Company drilled 35 holes spaced 30 to 50 meters utilizing a Banka 4-inch drill. All holes were positive for fine gold as observed by the drilling team, with samples collected for [...]
PASADENA, California, July 30, 2018 /PRNewswire/ -- Brazil Minerals Inc. announced today the successful production of an initial batch of polished diamonds from rough gems that it recovered from diamondiferous gravel using modular processing plant technology. These diamonds were mined within one of its mining concessions in the Jequitinhonha region of the state of Minas Gerais in Brazil. The Company has over twenty [...]
Brazil Minerals announced today that its 55.4%-owned subsidiary, Jupiter Gold Corporation, has received stock ticker symbol "JUPGF" for its common stock. The "F" denotes that it is a foreign company. Trading in the common stock is expected to commence later in this quarter. Jupiter Gold has 4,429,599 common shares outstanding, of which the public float is 250,100 shares. Jupiter Gold last issued common stock in 2017 at [...]
Brazil Minerals announced that it has begun to use a branded gold bar mold with its logo and stock symbol in high relief for its gold production. Such gold bars produced by the Company in situ, from material mined in its properties, have a 96% gold content. A photograph of a branded bar is attached to this release. In other news, the Company's subsidiary Jupiter Gold Corporation has submitted 53 samples collected in its [...]
Brazil Minerals announced today that, given strong initial results, its subsidiary Jupiter Gold Corporation expanded the drilling campaign of its Paracatu Project from 6 holes in an exploratory campaign to 25 holes in a detailed campaign. Eleven of the twelve holes already drilled have shown visual evidence of gold. Paracatu Project drilling campaign The target is an alluvial plain along the Rico Creek, which drains the [...]
Brazil Minerals announced today that its subsidiary, Jupiter Gold, is advancing the initial drilling campaign of its Paracatu Project and already struck gold in multiple holes drilled. Gold particles were obtained and confirmed in pan concentrates in samples taken. The target is an alluvial plain along the Rico Creek, which drains the giant Paracatu gold deposit known as “Morro do Ouro” , an ore body of 16 [...]
PASADENA, Calif., May 09, 2018 -- Via OTC PR Wire -- Brazil Minerals Inc. announced today that it has been advancing the pre-drilling phase on its 288-acre lithium project located in the region of Salinas, state of Minas Gerais, in Brazil. This mineral right is inserted within the district chosen by CPRM , the Brazilian geological survey, as the most prospective ground for lithium in Brazil. Recently, the Company retained [...]
PASADENA, Calif., April 26, 2018 -- Via OTC PR Wire -- Brazil Minerals, Inc. announced today that it has added to its list of properties two separate areas, both for cobalt, copper, and nickel, with an aggregate total of 5,011 acres. These claims are in Montes Claros de Goiás and within the region reported to contain 27% of Brazil’s nickel reserves. Cobalt and copper are often found associated with nickel [...]