InvestorsHub Logo
Followers 583
Posts 77773
Boards Moderated 5
Alias Born 07/12/2010

Re: None

Thursday, 09/05/2019 7:44:01 PM

Thursday, September 05, 2019 7:44:01 PM

Post# of 55227
SOME DD ON THE NEW PINDAIBA GOLD AND DIAMOND MINE PROJECT
http://www.brazil-minerals.com/pindaiba-project/
1) The previous owner Vaaldium Resources called in The Duas Barras Mine
2) Vaaldium completed an NI 43-101 for the area.
https://xmbl.files.wordpress.com/2014/07/duas-barras-ni-43-101.pdf
3) Vaaldium completed over 200 drill holes for testing and sampling the Duas Barras mine site. Including the Pindaiba Project circled on the map below

4) BMIX strikes gold in 35 of 35 drill holes they performed on the Pindaiba Project. And 57% were positive for diamonds.
http://www.brazil-minerals.com/news/brazil-minerals-inc-strikes-gold-in-35-of-35-drill-holes-in-a-northern-minas-gerais-project/
5) Test mining with the existing $2.5 mil processing facility built by Vaaldium Reources. And capable of processing over 45 tons of gravel per hour of operation. Totaling 360 cubic meters in one 8hr day.

6) Test mining with a new modular plant built and engineered by BMIX

7)Some results from the initial test mining operations.
https://www.nsenergybusiness.com/news/brazil-minerals-produces-initial-batch-of-polished-diamonds-from-minas-gerais/
8)2nd Mining license for the Paracatu project. From the Official Gazette page Diário Oficial da União we can see Jupiter Gold License for 50 000 tons in the 4th line published 29/07/2019

831.883/2016-MINERAÇÃO JUPITER LTDA-PARACATU/MG - Guia n° 111/2019-50.000 t/ano-Minério de Ouro- Validade:36 mês(es)

http://www.in.gov.br/web/dou/-/despacho-207469364
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATLX News