Brazilian Gold Announces Inferred Resource of 336,000 oz at Boa Vista Project

Brazilian Gold Corp. (TSXV:BGC) announced that the first NI 43-101 compliant mineral resource estimate for its Brazil-based Boa Vista gold project includes an inferred mineral resource of 8.47 Mt grading 1.23 g/t gold at a 0.5 g/t cut-off for 336,000 contained ounces.

According to the press release, highlights of the report include:

• Resource estimate is based on shallow (<150 m depth) and limited drilling (15 holes in 3,007 m) and trenching (14 trenches in 2,229 m) of the eastern 600 m of an overall 2,000 m long gold-in-soil anomaly.
• Mineralization forms a coherent deposit that is not significantly affected by changes in the cut-off grade near the declared resource grade of 0.5 g/t gold.
• Deposit is open at depth and along strike with a high potential to expand the existing resource.
• Mineralization starts at surface, is up to 85 m in thickness and may be amenable to open pit extraction with a relatively low strip ratio.
• Gold grade appears to be increasing with depth and to the east based on limited drilling completed to date.
• VG1 is one of four highly prospective targets (Jair, Ze do Leicha, Almir and Planalto) identified on the Boa Vista project and together they represent approximately 25% of the property that has been explored to date.

Click here to read the full Brazilian Gold Corp. (TSXV:BGC) press release.