Brazil Minerals, Inc., a company holding titles (though various subsidiaries), to mineral rights, covering various minerals, in Brazil, announced yesterday that it has identified and has commenced mining “a promising gravel vein”. The vein was discovered on one of its mining concessions located in the Jequitinhonha River Valley of northern Minas Gerais state in Brazil, an area well known for production of diamonds and gold, the Company said.

Brazil Minerals said that it had conducted tests on various sites within the concession and had identified those with “high quality, virgin alluvial material containing diamonds and gold”.

“After choosing an area for production, a mining pit has been opened with over 15 meters of overgrowth excavated and removed to arrive at the auriferous and diamondiferous gravel layer,” the Company announced.

 Pic Cap:  Mining operations in progress at Brazil Minerals’ newly-struck vein 

Pic Courtesy Brazil Minerals