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Brazilian Mining Corporation Announces Geological Report Valued at $300,000,000.00

GARDNERVILLE, NV, Apr 17, 2009 (MARKET WIRE via COMTEX) -- Brazilian Mining Corporation (PINKSHEETS: BRZM) announces the geological report for property 231, which is on file with The National Department of Mineral Production (DNPM) the governing body of mines in Brazil has valued property 231 at $300,000,000.00. You may review the full report at http://www.brazilianmining.net.

This report did not take into account diamonds below the surface in three primary sources at lower depths, or even the secondary alluvial gravels deposited below the surface. This report also does not consider gem quality or fancy stones, which value can be as much $500,000 per stone depending on grade and color. Several stones of this value have been found in the Juina region.

About Brazilian Mining:

Brazilian Mining Corporation (PINKSHEETS: BRZM) (PINKSHEETS: SAOL) is a diamond mining and precious metals exploration company. Its strategy is to acquire interests in producing mines and develop properties that have the promise to be economically viable.

Forward-Looking Statements:

This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Sao Luis Mining, Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Contact:

Michael J. Dillon
[phone]
http://www.brazilianmining.net

SOURCE: Brazilian Mining Inc.

CONTACT: http://www.brazilianmining.net

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SUBJECT CODE: Manufacturing and Production:Mining and Metals