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Monday, April 11, 2022 11:08:08 AM
Belo Horizonte, Brazil--(Newsfile Corp. - April 11, 2022) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "Brazil Minerals"), the Strategic Mineral Resources Company for the Green Energy Revolution, is pleased to announce that the Company filed applications and received the first priority for five exploratory permits for nickel within a total area of approximately 20,143 acres located in the municipality of Niquelândia, in the Brazilian state of Goiás. Niquelândia, as its name implies ("land of nickel"), is home to nickel producers. Nickel is highly sought-after for rechargeable batteries and is on the list of critical minerals published by the U.S. Department of Interior. Brazil Minerals must await the actual publication of such permits in the government gazette prior to initiating any geological work.
Areli Nogueira, Vice-President of Mineral Exploration at the Company, stated: "These five mineral rights are in the largest nickel producing district in Brazil. They are located in the vicinity of a nickel mine and within a mafic-ultramafic geological complex highly favorable to lateritic nickel deposits."
About Brazil Minerals, Inc.
Brazil Minerals, Inc. (OTCQB: BMIX) is primarily a lithium company with projects in other highly strategic minerals such as rare earths, nickel, graphite, titanium, and cobalt. In addition, Brazil Minerals owns equity stakes in both Apollo Resources Corporation, a private company developing its first iron mine, and Jupiter Gold Corporation, a listed company developing a quartzite mine and advancing two gold projects. Follow the company on Twitter: @BMIXstock.
https://finance.yahoo.com/news/brazil-minerals-adds-nickel-areas-145900252.html
This post is my personal opinion. I do not provide investment advice.
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