Brazilian Gold Reports the Final 6 Holes of the 2011 Program at the Surubim Project, Brazil
Release No. 5/12
Vancouver, BC, February 27, 2012
Vancouver, BC, February 27, 2012
Brazilian Gold Corporation (TSXV: BGC) is pleased to report assay results from the final 6 holes of the 2011 drill program (12 holes in 3,124 m) completed on the Surubim project in the Tapajós region of northern Brazil. The drill program tested below and along strike of historic drill intersections (36 holes in 4,621 m) at the Patoa, Colonia and Tucunare prospects; the prospects are located within a 3 km radius of each other. The program was successful in identifying several parallel zones of primary gold mineralization (Table 1) as well as wide intervals of near surface oxide mineralization; details on the oxide mineralization will be reported in a separate News Release. Surubim is a road accessible exploration project located approximately 75 km southwest of the Company's flagship São Jorge project.
Highlights
- PAD-002-11 intersected 24.0 m grading 1.27 g/t gold (previously reported).
- PAD-003-11 intersected 16.0 m grading 1.63 g/t gold (previously reported).
- COD-003-11 intersected 8.5 m grading 1.74 g/t gold.
- COD-004-11 intersected 15.0 m grading 1.67 g/t gold.
- Oxide and primary gold mineralization point to a developing near surface mineral resource at Surubim.
- Near surface gold mineralization has potential for low cost, open pit mining.
Ian Stalker, CEO of Brazilian Gold, stated "These positive results from the 2011 drill program add significantly to our knowledge of the project and the opportunity to further grow the resource base at Surubim and equally important, to the cumulative gold inventory of Brazilian Gold. The high potential to expand both the known primary and oxide mineralization, as well as identify new zones of mineralization, highlights why Surubim has become a high priority target for ongoing exploration work."
