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Posted On: 02/26/2021 9:13:39 AM
Post# of 107344
BMIX yesterday's pick
READY
Brazil Minerals, Inc.'s Substantially Expands Its Lithium Footprint
Belo Horizonte, Brazil--(Newsfile Corp) - Brazil Minerals, Inc. (OTC Pink: BMIX) (the "Company" or "Brazil Minerals"
is pleased to announce the addition of a new, large lithium project comprised of four mineral rights with an aggregate of 17,207 acres. This project is located in a new lithium frontier in Brazil, outside of Minas Gerais. Brazil Minerals is unaware of any other company with a simultaneous presence in both of these two hard-rock lithium zones, northern Minas Gerais and the one announced here.
Areli Nogueira, the Company's VP of Mineral Exploration, added: "There are not enough hard-rock lithium reserves identified worldwide for the incoming demand. We view this new project as highly strategic given that the formations observed have excellent geological and mineralogical characteristics."
Marc Fogassa, CEO of the Company, commented: "I am very pleased with today's announcement. My job is none other than to build a profitable, billion-dollar market capitalization company over time. A possible way to achieve this goal is to have 100%-ownership of multiple high-potential projects in sought-after minerals (e.g., hard-rock lithium) and successfully develop a number of them into revenue-producing mines. Today, Brazil Minerals and its two main subsidiaries, Apollo Resources and Jupiter Gold, are expecting to have four mines opening between 2021 and 2023."
READY
Brazil Minerals, Inc.'s Substantially Expands Its Lithium Footprint
Belo Horizonte, Brazil--(Newsfile Corp) - Brazil Minerals, Inc. (OTC Pink: BMIX) (the "Company" or "Brazil Minerals"
is pleased to announce the addition of a new, large lithium project comprised of four mineral rights with an aggregate of 17,207 acres. This project is located in a new lithium frontier in Brazil, outside of Minas Gerais. Brazil Minerals is unaware of any other company with a simultaneous presence in both of these two hard-rock lithium zones, northern Minas Gerais and the one announced here. Areli Nogueira, the Company's VP of Mineral Exploration, added: "There are not enough hard-rock lithium reserves identified worldwide for the incoming demand. We view this new project as highly strategic given that the formations observed have excellent geological and mineralogical characteristics."
Marc Fogassa, CEO of the Company, commented: "I am very pleased with today's announcement. My job is none other than to build a profitable, billion-dollar market capitalization company over time. A possible way to achieve this goal is to have 100%-ownership of multiple high-potential projects in sought-after minerals (e.g., hard-rock lithium) and successfully develop a number of them into revenue-producing mines. Today, Brazil Minerals and its two main subsidiaries, Apollo Resources and Jupiter Gold, are expecting to have four mines opening between 2021 and 2023."
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