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Xingu – Advanced Investments Group: Formerly BrazIron Limited

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  • High Grade 60% – 66% Fe
  • DSO Lump & Fines

The Xingu Project (located in Para state) comprises seven prospecting permits (one granted, three under partial extensions and three under application) covering an aggregate area of 34km², located along the southern margin of the east-west trending Amazon Basin rift. The mineral potential of the Amazon Basin is essentially unknown, with only limited government surveys and extremely limited exploration having been completed. This document is one of the first to publicly recognise that iron mineralisation exists within this region.

BrazIron has completed preliminary pitting, trenching and drilling which has defined narrow intervals between 3 to 10m at between 50 and 55% Fe.

The Xingu Project is at a relatively early stage of exploration, with limited systematic sampling or drilling having been undertaken.