News Bureau

 
 
June 18, 2019

Advancement at Serrita Gold Project

Jupiter Gold Corporation has received the Exploration Permit from the local mining department for each of the three mineral rights that encompass its Serrita Project for gold. The Serrita Project covers 13,730 acres and is located in the state of Pernambuco, in the northeastern part of Brazil. Jupiter Gold owns 100% of the Serrita Project.

The Serrita gold district is an area known to host narrow high-grade gold mineralized quartz veins. The Brazilian government-funded CPRM (Mineral Resources Research Company) researched this province extensively and confirmed gold mineralization in certain areas within the province. Other companies that drilled in such district have reported results as high as 56 g/t Au from channel sampling of gold-bearing quartz veins exposed in old settler workings.

Following the permitting announced today, Jupiter Gold plans to quickly move to ascertain gold mineralization within each of the three mineral rights of its Serrita Project. In addition, the Company’s technical team believes that copper, manganese, and nickel mineralization may also occur within the Serrita Project areas.

 

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