Jupiter Gold Corp. is pleased to announce that it has entered into a merger agreement with Apollo Resources Corporation , a private mineral exploration company with a permitted iron ore project in the Iron Quadrangle region of the state of Minas Gerais in Brazil. The transaction was evaluated by a special committee of the Company's Board of Directors , with RPM Global Holdings Limited serving as independent advisor to the [...]
HIGHLIGHTS Jupiter Gold is leveraging Brazil's dominance as premier global quartzite producer with its flagship Silver River Mine. Jupiter Gold's Silver River Mine on track to show operating profit in 2024 after launching test operations in 2023. Jupiter Gold Corp. is pleased to announce robust sales growth and a clear path to profitability in 2024 for its flagship Silver River Quartzite Mine, which began test production [...]
Jupiter Gold Corp. is pleased to announce that the necessary operational licensing has been obtained with respected to the Company's 100%-owned quartzite project in the state of Minas Gerais. The Project is now fully licensed for commercial mining and operations are planned to start in early 2023. Jupiter Gold's geology team discovered the quartzite deposit in the third quarter of 2020 during detailed field reconnaissance [...]
Jupiter Gold Corp. announced today that it had successfully completed exploratory drilling of part of its 100%-owned Quartzite Project in the state of Minas Gerais. A drilling company with experience in quartzite drilled 4 holes separated by 50 meters each and with depths up to 15 meters. High-quality, commercial-grade quartzite was observed throughout the samples collected. The information obtained will permit the [...]
Jupiter Gold Corp. summarized today its strategy for the next 12 months. In 2021, the Company aims to have its quartzite mine in operation and generating revenues. In 2021, the Company will also advance its exploration work in two large gold projects, Alpha and Alta Floresta. Revenues from quartzite sales may be reinvested for more rapid development of these gold projects. Jupiter Gold has no debt and 5,780,165 shares of [...]
Jupiter Gold Corp. announced that it has filed with the Brazilian mining department the application for an initial mining license for its 100%-owned quartzite deposit in the state of Minas Gerais, Brazil. The Company was searching for gold in one of its properties and identified a large quartzite formation in July 2020. Thereafter, Jupiter Gold expeditiously proceeded with several geological field studies which both [...]
Jupiter Gold Corp. announced that it has identified white and light grey quartzite deposits in one of its 100%-owned mineral rights in southeast Brazil. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite, a mineral which is widely used for countertops and tiles; Brazil is a leading producer and exporter. Current prices for the type of quartzite identified range from $1,200 to $2,000 [...]
Jupiter Gold Corp. is pleased to announce that it has concluded an important phase of geological studies of its Apuí Project located in the state of Amazonas in Brazil in the so-called "Amazon Gold Belt." As with all of the other projects of the Company, Apuí is 100% owned by Jupiter Gold and encompasses three mineral rights for gold with total surface area of approximately 69,330 acres. This project is reached from Apuí [...]
Jupiter Gold Corp. is pleased to announce that it has concluded an initial phase of geological studies of its Alta Floresta Gold Project located in the state of Mato Grosso in center-west Brazil. This project is 100% owned by Jupiter Gold and encompasses 3 mineral rights for gold with total surface area of approximately 24,395 acres. Two of the areas shows intense tracks with prior artisanal and superficial gold mining [...]
Jupiter Gold Corp. is pleased to announce that its common stock is now traded on the OTCQB. Jupiter Gold Logo To view an enhanced version of this Logo, please visit: https://orders.newsfilecorp.com/files/6728/61452_e08d904d94dc8be0_001full.jpg Marc Fogassa, CEO and Chairman of the Company, commented: "This move upward to OTCQB is timely and highly exciting. It recognizes and rewards our growth." Jupiter Gold has [...]
Jupiter Gold Corp. is pleased to announce that its technical team working alongside the highly-regarded mineral consultancy GE21 Consultoria Mineral Ltda. has made substantial advances towards understanding the structural geology of its 100%-owned Alpha Project. An additional goal of the studies conducted was to support the Company's forthcoming independent technical report on this project, and for this purpose 225 [...]
Jupiter Gold Corp. announced today that it has retained GE21 Consultoria Mineral Ltda. to analyze results obtained from the Company's 100%-owned Alpha Project for gold and to work towards an independent technical report. GE21 is a premier analytical firm used by major gold companies operating in Brazil, and has counted as its clients, among others, Yamana Gold and AngloGold Ashanti. Mario Conrado Reinhardt, Co-Founder and [...]
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