Amerix Precious Metals Corp. (APM.V, APMFF.PK) provided an update on the Vila Porto Rico Property or VPR, located in the Tapajos Gold District, Para State, Brazil, and to report encouraging drilling results from the Ouro Roxo Project.
The company noted that Vila Porto Rico property contains 670 square kilometers of mining rights, located in the Tapajos District, one of the largest gold producing districts in Brazil. The company further said that the property contains extensive hydraulic mining areas, placer mining operations, and mine shafts, from which gariempeiros have produced gold since 1958. The property also contains the small mining communities of Vila Porto Rico and San Jose, where local miners have produced an unconfirmed amount of gold, over the past five decades.
Within the VPR property, the company said that it is exploring four bedrock gold projects of Ouro Roxo, Nova Brasilia, Inferno Verde, and Carumbe; gold tailings deposits, hydraulic mine areas, and placer workings, covering more than 20 square kilometers.
source news : nasdaq.com
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Amerix Precious Metals Reports Encouraging Drilling Results From Ouro Roxo Project; Provides Update On Vila Porto Rico Property
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