A Greenfields Gold Exploration Project  

• Brazil remains one of the most underexplored gold jurisdictions in the world. Over 50% of the country remains geologically unmapped at >1:250,000 scale.

  It is estimated that for every $1 spent on exploration in Canada only $0.005 equivalent has been spent in Brazil, yet Brazil has a similar area of potential geology, as Canada.

  It was only beginning in 1988 that Brazil allowed 100% foreign ownership of mineral rights. This partially explains the exploration gap.

  The town of Pirenópolis in the state of Goiás, Brazil was founded during the 1740’s Gold Rush which continued through to the late 1800’s. Much earlier than the gold rush in Australia and North America and pre-industrialization and mechanized mining methods.

  In the late 1800’s placer gold mining shifted from the rivers to ferricrete paleo channels and benches. The ferricrete was hard and mined by diverting water flow. The local population started turning to cattle and cane agriculture for an economic base as gold production dwindled and conflicts arose around downstream water quality from mining operations.

  Other than a few small showings in the region, no primary source(s) has been found to explain the placer gold. This region has no evidence of modern, systematic exploration.