Bahia, Brazil, November 12th, 2012. Drilling in widely separated intervals, gold oxide was revealed in a variety of intersections at the Ibirapuera property site. The findings substantiate the company’s position in that there is a vast promise to further lengthen and enlarge the existence of the Ibirapuera property mine while recovering these further oxide supplies.Additional drilling will be necessary to ascertain accurate depths and widths of the deposits. The initial drilling sites were the first in the long unused area which had been previously been inaccessible for exploratory drilling. This recent discovery indicates that the veins may reach further than previously thought.
Further investigation will be ongoing in this region as it is on an already approved mining charter with existing serviceable roads, communication and transportation networks so that further deposits can be promptly developed.
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