Tuesday 17 January 2012

BGC:TSX.V Brazilian Gold Drilling Continues at Sao Jorge

BGC:TSX.V Brazilian Gold Drilling Corporation, the leading developer of large scale road accessible gold projects in the highly prospective Tapajós region of northern Brazil, reminds the market of the ongoing drill campaign currently underway at its flagship São Jorge project. 


The company has been releasing a steady stream of drill results that have shown increasing grades down dip and along strike. Further results are expected to be released this quarter (2012). 


Coffey Mining an independent mining consultancy company has issued a positive PEA assessment on São Jorge,where Brazilian Gold is rapidly advancing the development


Shares advanced 10% Tuesday as gold advances close to 1,700$oz. Significant government purchases of   gold traded ETF's are helping drive the gold price upwards.


Please visit www.braziliangold.ca for further details.