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BRAZILIAN METALS GROUP LTD

ASX: BMG

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Description

Brazilian Metals Group Limited (formerly Lefroy Resources Limited) is a Perth based company listed on the Australian Securities Exchange (clicker: BMG). It is focussed on the Rio Pardo Iron Ore project in Brazil.

Minas Norte Minerašao Ltd a (a wholly owned subsidiary) is a Brazilian registered company and holds a number of tenements at granted and application stages in the north of Minas Gerais state in southern Brazil. The Rio Pardo iron ore project covers 899.0 square kilometres in 62 tenements.

Extensive canga (surficial detrital iron deposits) outcrops have been mapped in the area overlying diamictite rock units. These are interpreted to be related to elevated hematite and magnetite accumulations in the diamictites. A number of areas have been identified within the tenements that warrant further exploration.

Mine For

iron ore

Location of operation(s)

Brazil

Address

c/o Transcontinental Group, Level 14, 191 St Georges Tce
PERTH, WA, Australia

Phone

(61 8) 9321 5922

Email

Website


Last Updated

27/01/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.