via OTC PR WIRE -- Jupiter Gold Corp. reported that it has received an initial mining license for its Paracatu Project in the state of Minas Gerais, Brazil. The Brazilian government official gazette published in its July 29, 2019 edition the granting to the Brazilian subsidiary of Jupiter Gold of the “Guia de Utilização” number 111-2019 with respect to its Paracatu Project mineral right number [...]
via OTC PR WIRE -- Jupiter Gold Corp. today reported that it has received an initial equity investment from U.S. institutional investor Warberg Asset Management LLC. Marc Fogassa, CEO of the Company commented, “We’re excited about value creation in the next several months, and honored to have Warberg as shareholder.” Jupiter Gold has never issued any debt, relying only on equity capital. Jupiter Gold is [...]
via OTC PR WIRE -- Jupiter Gold Corp. today reported that it has received the Exploration Permit from the local mining department for each of the three mineral rights that encompass its Serrita Project for gold. The Serrita Project covers 13,730 acres and is located in the state of Pernambuco, in the northeastern part of Brazil. Jupiter Gold Corp. owns 100% of the Serrita Project. The Serrita gold district is an area [...]
via OTC PR WIRE -- Jupiter Gold Corp. today reported that its first royalty project, the Pindaíba Project, operated by Brazil Minerals Inc. is expected to begin production in the third quarter of 2019. The Company’s gold recovery plant will be utilized in operations and Jupiter Gold will receive a 50% royalty on gold revenues. Brazil Minerals Inc. will retain the other 50% as well as 100% of diamond revenues [...]
Jupiter Gold Corp. today reported that it now has a new 100%-owned area for gold, palladium, and platinum in the state of Bahia in Brazil with a surface area of 4,821 acres. This area’s potential was originally identified by Jupiter Gold’s team during exploratory visits to the Chapada Diamantina region of Bahia, as the Company also has a claim for gold nearby. JUPGF PR April 18 This overall district had been [...]
Jupiter Gold Corp. today announced that it has added a new 100% primary gold project to its asset base. The area entitled encompasses more than 4,750 acres in the direct continuation of a gold trend with settler activity, a strong indicator. Samples collected by the Company from a trench opened by such settlers and analyzed in a SGS-Geosol laboratory showed results as high as 71 grams of gold per ton in quartz veins [...]
Jupiter Gold Corp. announced today that it had elected Brazilian Army General Antônio Florêncio da Silva and attorney Joel de Paiva Monteiro to its Board of Directors. Marc Fogassa, CEO of Jupiter Gold, commented, "We are most fortunate to have these talented individuals join us. I have benefitted from General Antônio Florêncio's insights for years and know that he is among Brazil's finest. He [...]
Jupiter Gold Corp. today reported that in its 100%-owned Paracatu Gold Project in Brazil the geochemical results from an initial extensive drilling campaign were indicative of gold mineralization. Given this result, Jupiter Gold is currently permitting this project for a commercial mining license. Highlights The Paracatu Gold Project is 100%-owned by Jupiter Gold. An initial extensive drilling campaign of the Paracatu [...]
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 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 [...]