BRAZIL MINERALS, INC. ADDS PREMIER GOLD AREA
March 06 2018 - 8:00AM
InvestorsHub NewsWire
BRAZIL MINERALS, INC. ADDS PREMIER GOLD AREAS
Drilling Campaign Planned for Late
2018
Pasadena, CA
-- March
6, 2018
--
InvestorsHub NewsWire -- Brazil Minerals, Inc. (OTC:
BMIX) (the "Company" or "Brazil
Minerals") announced
today
that
its
subsidiary, Jupiter Gold Corporation ("Jupiter Gold"),
has
been
granted title to three separate
gold
claims
covering a total of 14,619 acres
located
in
Serrita,
a
well-known
gold
province in the state of
Pernambuco, Brazil. The Company believes that these claims have potential for
copper, manganese and nickel as well.
The Serrita gold
district is an area known to host narrow high-grade gold
mineralized quartz veins. The Brazilian
government-funded "Companhia de Pesquisa de Recursos
Minerais" (CPRM; Mineral
Resources Research Company) researched this
province extensively
and
confirmed
gold mineralization. Companies
with
projects
in Serrita
have
reported potential for multiple high-grade vein deposits. Jupiter Gold is planning to initiate its own studies
later in 2018.
Brazil Minerals, through subsidiaries, has
built and continues to add
to the BMIX Mineral Bank
as its depositary of high potential claims.
BMIX Mineral Bank
Gold:
119,989
acres
Diamond (kimberlites): 92,961 acres
Diamond (alluvial): 27,612 acres
Manganese: 4,970 acres
Sand (construction/industry): 4,995 acres
Lithium: 288 acres
Aquamarine/Tourmaline/Beryl: 288 acres
About Brazil Minerals
Brazil Minerals, Inc.
(OTC:
BMIX), through various consolidated subsidiaries has title to
mining concessions for gold and diamonds, and a mineral bank with
rights for multiple minerals, including lithium and
manganese, and sought-after
gems, including aquamarine, tourmaline, and
beryl.
One of BMIX's subsidiaries is Jupiter Gold. More information on
BMIX is at www.brazil-minerals.com. Follow
us on Twitter: @BMIXstock.
Safe Harbor Statement
This press release contains forward-looking statements made under
the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Forward looking statements are based
upon the current plans, estimates and projections of Brazil
Minerals, Inc.'s management and are subject to risks and
uncertainties, which could cause actual results to differ from the
forward- looking statements. Such statements
include, among others, those concerning market and industry segment
growth and demand and acceptance of new and existing products; any
projections of production, reserves, sales, earnings, revenue,
margins or other financial items; any statements of the plans,
strategies and objectives of management for future operations; any
statements regarding future economic conditions or performance;
uncertainties related to conducting business in Brazil, as well as
all assumptions, expectations, predictions, intentions or beliefs
about future events. Therefore, you should not place undue reliance
on these forward-looking statements. The following factors, among
others, could cause actual results to differ from those set forth
in the forward-looking statements: business conditions in Brazil,
general economic conditions, geopolitical events and regulatory
changes, availability of capital, Brazil Minerals,
Inc.'s ability to maintain its competitive position and
dependence on key management. This press release does not
constitute an offer to sell or the solicitation of an offer to buy
any security and shall not constitute an offer, solicitation or
sale of any securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of
such jurisdiction. We advise U.S. investors that,
given the preliminary stage of evaluation, there are no guarantees
that the potential gold mineralization of the Serrita claims will
become mineral reserves as defined by the U.S.'s Industry Guide
7.
Contact:
Marc
Fogassa
CEO, Brazil Minerals, Inc.
(213) 590-2500
info@brazil-minerals.com
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