Brazil Gold Acquires Interest in Gold Exploration Company
PR Newswire - Tue Jul 30, 6:18AM CDT
Brazil Gold Corp. (OTC: BRZG) announces today that it has acquired twenty percent of FAL Minerals LLC, a Gold mining and exploration company. Pursuant to the agreement with FAL Minerals, the Company will receive fifteen percent of all royalty payments received by FAL Minerals in the exploration of a certain parcel of land in Alabama. FAL Minerals has a Mineral Lease Agreement for the exploration for and production, ownership, possession and transportation of discovered minerals on approximately 17 acres of land in Alabama.