Brazil Minerals Identifies Promising Virgin Vein Containing Diamonds and Gold

Excavator inside new mining pit

Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that it has begun to mine a promising gravel vein in one of its mining concessions located in the Jequitinhonha River Valley of northern Minas Gerais state in Brazil, an area well known for production of diamonds and gold.

Brazil Minerals initially tested various locales within the concession and identified those with high quality, virgin alluvial material containing diamonds and gold. After choosing an area for production, a mining pit has been opened with over 15 meters of overgrowth excavated and removed to arrive at the auriferous and diamondiferous gravel layer. Photographs of the open pit and some of the Company's mining capital equipment accompany this press release.

Source: Brazil Minerals, Inc.


Categories: Investments, Mining, Banking, Finance, Insurance

Tags: BMIX, Brazil Minerals, diamond, gold, mining


Additional Images

Additional Links

About Brazil Minerals, Inc.

View Website

Brazil Minerals, Inc. (OTC: BMIX), through various consolidated subsidiaries has title to producing mining concessions for gold, diamonds, and sand. More information on BMIX is at www.brazil-minerals.com.

Marc Fogassa
Marc Fogassa
Brazil Minerals, Inc.

(213) 590-2500
Brazil Minerals, Inc.
1443 E Washington Blvd (278)
Pasadena, CA 91104
United States