Cleveland Mining (BCI's JV partner in Brazil) has made an announcement about its new financing arrangements. In the summary, they state: "Iron ore drilling has commenced in Bahia."
At the end of the announcement, they provide a general project update, including:
"The Company is currently undertaking a first pass drilling program into 5 prospects in the Brazilian state of Bahia, held within the Alliance with BC Iron. The Company is currently designing a drilling program for the Alliance’s significantly larger Minas Gerais project, where Coffey Mining have identified a close cluster of targets."
Fingers crossed for some good results. Massive potential if they can find something worth mining.
drilling in brazil
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