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Brazil Resources Inc. Announces Drill Results Confirming a New Base and Precious Metal Discovery (Au-Cu-Ag-Pb-Zn) at the Artulândia Project in Goiás State, Central Brazil
9 of 12 drill holes intersected mineralization at the ART-1 target; Diamond Drill H...
About this update from Goldmining Inc.
[{"type":"text","content":"\n\n\n9 of 12 drill holes intersected mineralization at the ART-1 target;\n\n\nDiamond Drill Hole (DDH) 07 intersected 15m (0 to 15.0m) of 1.56 g/t\n gold equivalent or 0.93% copper equivalent and DDH-09 intersected 9m\n (20 to 29m) of 1.32 g/t gold equivalent or 0.78% copper equivalent1;\n\n\nDDH-07 intersected 15m (0 to 15.0m) of 0.17 g/t gold, 0.35% copper,\n 18.04 g/t silver, 0.63% lead and 0.45% zinc; including 7m (0 to 7.0m)\n of 0.35 g/t gold, 0.39% copper, 30.43 g/t silver, 1% lead, and 0.31%\n zinc\n\n\nDDH-09 intersected 9m (20-29m) of 0.01g/t gold, 0.09% copper, 20.78 g/t\n silver, 0.32% lead and 1.49% zinc; and\n\n\nSeven additional geochemical and geophysical zones remain untested.\n\n\nVANCOUVER, July 17, 2013 /CNW/ - Brazil Resources Inc. (the \"Company\" or\n \"Brazil Resources\") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce\n that recent diamond drilling at the Company's Artulândia project (the\n \"Project\") confirms polymetallic mineralization of up to 10 metres\n thickness (not \"true\" width) in a flat lying unit at surface.  The\n principal target, ART-1, located within the Alvo South target, was\n previously outlined by geophysical data and rock and soil surveys. The\n Project covers 12,000 acres and is located in Goias state, one of the\n most prolific mining districts in Brazil.\n\n\nStephen Swatton, President and CEO, stated, \"The style of mineralization\n is consistent with a Volcanogenic Massive Sulphide and represents a new\n discovery of this style in Goias State. Our geological team believes\n the results of this drilling program are significant and a gold\n equivalent grade of 1.56 g/t or copper equivalent grade of 0.93% is a\n great start in an area which has over 8km of strike of the target\n horizon in two parallel rock packages. Further fieldwork is ongoing and\n additional drilling will be required in order to understand the full\n extent of this exciting new discovery.  The Company has an additional\n three years left on the license, which we believe is sufficient time to\n fully investigate the potential of the Project and to perform\n appropriate follow-up programs.\"\n\n\nIn its news release dated December 11, 2012, Brazil Resources announced\n trench and rock sample results from target ART-1 on the first\n mineralized zone of approximately 1,000-meters by 250-meters ...