PASADENA, Calif., Feb. 15, 2018 -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC PINK:BMIX) (the "Company" or "Brazil Minerals") announced today that its lithium project area is also a mineral right for aquamarine, tourmaline and beryl and such gems have been added to its claim registration. The Company's right is in the greater Salinas area, within the Jequitinhonha Valley, in the northeast part of the state of Minas Gerais. "Minas Gerais" means "general mines" in translation which underscores its geological richness. A photograph of tourmalines in loco from the claim is attached:
|
|||||
Aquamarine, tourmaline and beryl found in the region are highly sought after. Two research articles on this topic, written by an expert from the Gemological Institute of America (GIA) and including maps and photographs of gems, may be obtained by accessing the following links:
https://www.gia.edu/gems-gemology/summer-1984-pegmatites-brazil-proctor
https://www.gia.edu/gems-gemology/spring-1985-pegmatites-brazil-proctor
Brazil Minerals has built a strong local team of geologists, mining engineers and other experts with trained eyes for seeking out opportunities and filtering projects. The Company has been carefully adding to its mineral bank of high quality properties. A breakdown of the Company's current mineral rights and related acreage is set forth below. Brazil Minerals regularly evaluates and prioritizes its research effort on properties and utilizes its own equipment for drilling.
BMIX Mineral Bank:
Aquamarine/Tourmaline/Beryl: 288 acres
Diamond (kimberlites): 92,961 acres
Diamond (alluvial): 27,612 acres
Gold: 105,370 acres
Lithium: 288 acres
Manganese: 4,970 acres
Sand: 4,995 acres
About Brazil Minerals, Inc.
Brazil Minerals, Inc. (OTC PINK: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 Corporation ("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.
Contact:
Marc Fogassa
CEO, Brazil Minerals, Inc.
(213) 590-2500
[email protected]
www.brazil-minerals.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/46c83db5-2a63-450e-817c-f4d61a39a30a


Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Amazon Explores AI Content Marketplace With Media Publishers
Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion
Macquarie Group Shares Jump as Third-Quarter Trading Conditions Improve Across Key Units
Standard Chartered Names Peter Burrill as Interim Group CFO Following Diego De Giorgi’s Exit
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Anta Sports Expands Global Footprint With Strategic Puma Stake
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Treasury Wine Estates Shares Surge After U.S. Dispute Settlement and Earnings Upgrade
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 



