Brazilian Gold Announces Drill Assays from the Rio Novo Discovery, Tapajós Region, Brazil
Release No. 19/11
Vancouver, BC, September 1, 2011
Vancouver, BC, September 1, 2011
Brazilian Gold Corporation (TSXV: BGC) ("Brazilian Gold" or the "Company") is pleased to report assay results from the remaining five drill holes of the Phase One drill program (11 holes in 3,121 m) and provide an update of the on-going exploration program on the Rio Novo project in the Tapajós region of northern Brazil.
The Phase One drill program was successful in discovering new gold mineralization over significant widths at the Jau target, one of several targets the Company is currently evaluating on the Rio Novo project. Selected assay results from the final five holes include 1.64 grams/tonne over 2 metres starting at 69 metres depth in hole JAD-007-11 and 13.7 grams/tonne over 2 metres starting at 105 metres depth in hole JAD-009-11 (Table 1). While the final five holes did not intersect similar thicknesses of gold mineralization as those encountered in the previously reported holes, the Company is optimistic that the Phase Two drill program that is schedule to commence by the end of September will not only extend the mineralized zone to the west, but will show continuity of the mineralized zone between the existing widely spaced drill intersections.
