Atlas Lithium Corp (ATLX)

[ImOnABoat]

DIN: Wow — what are the company's plans for the rest of the property?

MF: Our predecessor at the property took 7 percent of the property and did a NI 43-101 study. That study shows indicated and inferred resources of 17,000 ounces of gold and 432,000 *carats* of diamonds, and the 2 percent we are in right now is in that 7 percent.

http://www.thestreet.com/story/12937096/1/brazil-minerals-pursuing-profitable-diamond-and-gold-mining.html


Link to the aforementioned NI 43-101 below:

http://www.brazil-minerals.com/wp-content/uploads/2013/02/Duas-Barras-NI-43-101.pdf


So, only 7% of the property that is 100% owned by BMIX contains estimated 432,000 carats of diamonds! In the PR below, BMIX states that their GIA graded diamonds reach an average of $3,250 in RAPAPORT value per carat.

http://www.brazil-minerals.com/wp-content/uploads/2014/11/BMIX-Press-Release-13.NOV_.2014.pdf


432,000 carats x $3,250 = $1,404,000,000 USD! And that is only 7% of the BMIX's property that has been officially assayed to date!!! The official NI 43-101 is linked above - I encourage everyone to verify the numbers for themselves. The potential here with $BMIX is simply mind-numbing!