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Brazilian Gold Continues to Intersect "Quality" Gold Mineralization on Batistao Project, Yet Stocks Fall Closer to Year Lows

Brazilian Gold Corporation (BGC.V) announced drill results from the Phase Two drill program on its wholly owned Batistao project located approximately 30 km southwest of the town of Peixoto de Azevedo in Brazil's northern Mato Grosso state.

Highlights:

- BTD-005-12 intersected 11.8 m grading 0.92 g/t gold

- BTD-007-12 intersected 33.4 m grading 0.7 g/t gold including 11.4 m grading 1.8 g/t gold

- BTD-002-12 intersected 38.0 m grading 0.7 g/t gold including 17.6 m grading 0.9 g/t gold

- BTD-003-12 intersected 43.0 m grading 1.1 g/t gold including 20.0 m grading 2.0 g/t gold

BGC has fallen to $0.165 by 3%, almost hitting year low 15 cents.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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