Tuesday, August 20, 2019 9:34:38 AM
II. Diamonds and Gold - Jequitinhonha River Valley Land Bank
Minerals: Gold, Diamonds, Sand (for construction)
Location: Olhos-d'Água and Diamantina , state of Minas Gerais
Area: 26,645 acres The NI 43-101 report describes the existence of mineralized materials amounting to 1,639,200 cubic meters with the following concentrations: 0.16 carats of diamonds per cubic meter and 182 milligrams of gold per cubic meter.
That's roughly 6 cubic meters per diamond carat.
1639200/6 = 273200 carats and I used $200 dollars per carat (your number may vary). So the yield would be $54640000.00
For the gold in the ground.
((1639200 x 182mg)/1000mg/gm)/31.013grams = 9614.387 ounces of gold
9614.387 x 1504.66 dollars per ounce (before costs) = $14,466,382.16.
Total would be 54640000 + 14466382.16 = $69106382.16 in the ground not including inferred in the ground.
I do not provide investment advice. This post is my personal opinion.
Recent ATLX News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/20/2026 12:47:26 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/18/2026 10:02:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2026 01:00:01 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/04/2026 09:11:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2026 02:00:27 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2026 12:00:01 AM
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 01/16/2026 11:48:08 PM
- Atlas Lithium's Critical Minerals Subsidiary Commences Trading on NASDAQ • Newsfile • 01/14/2026 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/06/2026 02:30:03 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/05/2026 11:28:16 PM
- Atlas Lithium Advances Neves Project with Final Stage of Project Management and Construction Supervision Contracting • Newsfile • 12/22/2025 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2025 09:35:40 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/12/2025 09:30:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2025 09:30:53 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/08/2025 01:45:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/06/2025 02:00:01 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/06/2025 02:00:01 AM
- Atlas Lithium Announces Pricing of $10 Million Registered Direct Offering with New U.S. Fundamental Institutional Investors • Newsfile • 12/05/2025 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/25/2025 10:27:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/15/2025 02:00:03 AM
- Atlas Lithium Reports Strong Financial Position and Advancement Towards Project Implementation • Newsfile • 11/14/2025 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2025 10:01:09 PM
FEATURED Cannabix Technologies Announces First Delivery of Marijuana Breath Test (MBT) to a Major Construction Client • Mar 19, 2026 12:45 PM
ECGI Building in Crypto's Top-Performing Sector as Tokenized Real-World Assets Surge Past $26 Billion • ECGI • Mar 19, 2026 8:30 AM
Advances in Domestic Heavy Rare Earth Minerals Production Essential for North American Defense Stockpiles • ALOY • Mar 18, 2026 9:00 AM
ECGI Advances $10M Mortgage Tokenization Pilot as SEC Interpretation Adds Clarity • ECGI • Mar 18, 2026 8:45 AM
ECGI Advances Mortgage Tokenization Pilot as Institutional Market Rails Continue to Develop • ECGI • Mar 17, 2026 8:30 AM
Record Gold Prices Reshape Economics of New Mine Development • SNWGF • Mar 16, 2026 10:46 AM
