Jupiter Gold Corp. (JUPGF)

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Jupiter Gold Advances Its Apuí Gold Project


Belo Horizonte, Brazil--(Newsfile Corp. - September 10, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") is pleased to announce that it has concluded an important phase of geological studies of its Apuí Project located in the state of Amazonas in Brazil in the so-called "Amazon Gold Belt." As with all of the other projects of the Company, Apuí is 100% owned by Jupiter Gold and encompasses three mineral rights for gold with total surface area of approximately 69,330 acres. This project is reached from Apuí, a city of 19,000 in the southeast region of Amazonas state with the necessary infrastructure to support the setup of a mining project.

The Amazon region of Brazil in a relatively new gold frontier. Primary gold deposits identified in this region are usually greater than 1M ounces. The Apuí Project is inserted in the NW portion of the Juruena-Teles Pires Gold Province. According to geological studies, the area has great potential for epitermal, primary and secondary gold deposits. In fact, Jupiter Gold's technical team identified the existence of prior settler gold mining operations two miles from the Apuí Project.

The work performed at the Apuí Project geological mapping and target identification. Geochemical sample surveys were carried out near magnetic anomalies identified by available geophysical mapping, which can indicate viable gold deposits. However, there could be several other minerals present including copper.

In other news, Smallcaps Investment Research, based in Brussels, Belgium, has recently published its initial report on Jupiter Gold, which is available at Smallcaps' website at https://smallcaps.us/jupiter-gold-an-undiscovered-gold-gem-in-brazil/. Smallcaps has been retained by the Company to help increase the availability of its information to European and North American investors.

About Us:

Jupiter Gold Corporation (OTCQB: JUPGF) has 100% ownership in several gold projects in development and exploration in Brazil. In particular, Jupiter Gold owns 100% of both the Alpha Gold Project, with over 28,000 acres of mineral rights for gold is in the state of Minas Gerais, and the Alta Floresta Gold Project, with over 24,000 acres of mineral rights for gold in the state of Mato Grosso. Both of these projects are currently under geological exploration by the Company.

More information on Jupiter Gold is available at www.jupitergoldcorp.com. Follow it on Twitter: @JupiterGoldCorp


https://www.newsfilecorp.com/release/63554/Jupiter-Gold-Advances-Its-Apu-Gold-Project