Brazil Gold Corp. is an independent gold exploration company with mineral exploration properties in the gold-rich western Amazon basin of Brazil. This area has seen significant historical gold production using only rudimentary evaluation and exploration methods. Trading on the OTCBB, Brazil Gold Corp. has their headquarters in Bellevue, Washington.
Brazil Gold will identify and explore high value targets, and evaluate grade and quantity of mineralization on explored structures, with the purpose of building and expanding their known resource base, as well as establish modern, environmentally compatible mining operations. The Company’s initial goal is to become a mid-tier gold producer in a region that is recognized by many to be the home to the world’s largest untapped gold reserves.
Twenty-four producing or previously producing Gold Mines lie within Brazil Gold Corp.’s claim boundaries. Substantial quantities of gold are undergoing extraction on an ongoing basis from garimpeiro mines (not owned or operated by the company) using rudimentary surface mining methods.
Brazil Gold Corp. holds the exclusive right to mine and explore a world-class 9-claim property package totaling more than 2 Million acres, located within Brazil’s prolific gold producing western Amazon basin. Brazil Gold will develop and mine the primary structures anticipated to be the more substantial sources of the gold mined at surface in the erosional deposits. Brazil Gold Corporation’s goal is to explore for world-class gold deposits using modern technology in these untapped areas of minimal resource development.
Mr. Phillip Jennings is President and Chief Operating Officer of the Company. Mr. Jennings has thirty years of experience as an investment banker and entrepreneur, specializing in deal structure and financing of mergers and acquisitions in the resource, technology, and entertainment industries.
In April 2010, Brazil Gold Corp. announced the appointment of Mr. Hiro Mitsuchi to their Board of Directors. Mr. Mitsuchi, an international financier, has extensive experience in mining and mineral exploration. In addition to his involvement in the international business world, Mr. Mitsuchi has been a Visiting Fellow at the Woodrow Wilson School of Princeton University and a Professor of International Business at Toyo Gakuen University in Tokyo.
In December, Brazil Gold Corp. announced that they appointed veteran mining industry executive Leigh Freeman to their Board of Directors. Mr. Freeman serves as Chief Executive Officer, President and a Director of El Condor Minerals, a precious and base metals exploration company. He is also a principal in Downing Teal, Inc., a Perth, Australia-based global recruiting firm serving the natural resources industries. Mr. Freeman is a co-founder of Orvana Minerals Corp., which operates the largest gold mine in Bolivia.