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Showing posts with the label Brazil Minerals

Brazil Minerals enters capital markets

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Added to noble capital markets’ Channelchek research platform Brazil Minerals Inc (BMIX) announced that the Company, and its subsidiary Jupiter Gold, have been added to Channelchek. Channelchek is an emerging growth investor portal developed by Noble Financial Group Inc, affiliated with Noble Capital Markets, 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 Online. Marc Fogassa, Chief Executive Officer of the Company, commented, “Brazil Minerals has begun working with Noble on a capital raise, as previously disclosed in a press release, and it has been a very productive relationship. We are now pleased to see both Brazil Minerals and Jupiter Gold added to Channelchek, which will allow a broader number of investors to learn about them.” Brazil Minerals’ goal with the current raise is to pro...

New Diamond-rich zone at Brazil

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Diamond-rich zone within A gold mineralization area!  Brazil Minerals, (BMIX) announced 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 Minerals, stated, “Our identification of an initial diamond-rich zone within a gold mineralization area is a very good outcome. It is relevant to note that this particular mineral right has 1,310 acres and this drilling campaign covered only a small portion of such area.” Brazil Minerals drilled 35 holes spaced 30 to 50 meters apart utilizing a Banka 4-inch percussion rotary drill. As reported by the Company, all drill holes were positive for fine gold. Further analysis of the campaign’s results and i...

Brazil Minerals mining for gold and diamonds

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Brazil Minerals, Inc announced 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 quantitative geochemical analysis. The average depth for the auriferous gravel layer was 8 meters and with a thickness between 1.5 to 9.3 meters. The target area which was studied in this drilling campaign is an alluvial plain along the Jequitinhonha River, an area known for placer mining for gold and diamonds.   Marc Fogassa, CEO of the Company, commented, “Finding gold in 35 out of 35 drill holes is a strong result. We focused our drilling campaign in a virgin area that was relatively close to old settler activity which is usually an effective marker. Most important...