- Brascan Gold (BRAS) has acquired a 100 per cent interest in the Brasil-Li Property
- The Brasil-Li Lithium Property is a 29.5 sq. km. mineral claim package comprising 1.5 contiguous claim blocks in Brazil’s Minas Gerais State
- It is 45 km from SIGMA Lithium Corp.’s (TSXV:SGML) Grota do Cirilo property, the largest lithium hard rock deposit in the Americas
- Balbir Johal, CEO of Brascan, spoke with Coreena Robertson about the acquisition
- Brascan Gold Inc. (BRAS) opened trading at C$0.045
Brascan Gold (BRAS) has acquired a 100 per cent interest in the Brasil-Li Property.
The agreement was signed with BHBC Exploração Mineral LTDA. and RTB Geologia e Mineração LTDA.
The Brasil-Li Lithium Property is a 29.5 sq. km. mineral claim package comprising 1.5 contiguous claim blocks in Brazil’s Minas Gerais State, a mining-friendly jurisdiction 45 km from SIGMA Lithium Corp.’s (TSXV:SGML) Grota do Cirilo property, the largest lithium hard rock deposit in the Americas.
Balbir Johal, CEO of Brascan, spoke with Coreena Robertson about the acquisition.
The company is on track to begin commercial production by April 2023.
Brascan Gold is a gold exploration issuer based in Vancouver, BC. The company holds options over the Middle Arm Fault, Black Cat, Birchy Lake, and Mountain Pond properties, located in the Baie Verte region of the North of Newfoundland and the Miguel’s Lake property, located in central Newfoundland. The company also holds an option over the Alegre project in Pará state in northeastern Brazil.
Brascan Gold Inc. (BRAS) opened trading at C$0.045.