Brazil Resources Inc. announces new polymetallic copper-gold discovery at the Artulândia project in Goias State, Central Brazil
Wednesday, Dec 12, 2012
VANCOUVER, Dec. 11, 2012 /PRNewswire/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI OTCQX: BRIZF) is pleased to announce trench and rock samples results from the ongoing exploration program at its Artulândia project (the "Project"). The Project covers 12,000 acres within the Company´s 247,000-acre Pireneus district and is located in Goias state, one of the most prolific mining districts in Brazil. The Project has excellent infrastructure and is a three hour drive west of Brasilia, the capital city of Brazil.
Stephen Swatton, President and CEO, stated, "The geological team believes that we may be delineating a significant new polymetallic discovery within the Pireneus mineral belt. Mineralization is extensive and has expanded with these recent results. We're excited to start drilling this new project."
In its news release dated September 6, 2012, Brazil Resources announced geophysical and geochemical results that led to the identification of the first mineralized copper-gold zone of approximately 1,000-meters by 250-meters, open in all directions. The true width of the mineralization has not yet been determined.Elevated copper values of up to 0.81%, gold values of up to 2.3 g/t and silver values of up to 344 g/t, plus additional anomalies of lead-zinc were previously reported on the southern target, known as Alvo South.
Following up from the previous work, two trenches have been exposed and sampled at Alvo South. The trenches intersected fresh rock beneath a thin approximately 1m soil covered zone. Samples yielded anomalous results of up to 0.8% copper, 1 g/t gold, >1% zinc, >1% lead and 70 g/t silver (five different samples) and thus, confirm that the mineralized zone is coincident with the soil anomalous zones and geophysical anomalous targets, and seems closely related to volcanic rocks.
About Brazil Resources Inc.
Brazil Resources is a public mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil, Paraguay and other parts of South America. Currently, the Company is advancing its Cachoeira, Montes Áureos, Trinta and Maua Gold Projects located in the Gurupi Gold Belt in the state of Maranhão, northeastern Brazil, and its Artulandia Copper-Gold Project in central Brazil.
Source: Brazil Resources Inc.