- MEI is not in the process of selling the Brazil asset as far as the public are aware. What we do know is that the good news due is likely to relate to the assays due and of course more details on the IP (Induced Polarisation). The main purpose of the IP is to test for the potential presence of a porphyry nearby. This is where the potential 1-2g/t widespread bulk mine style deposit MAY be lurking. These porphyry deposits are often sought after by Tier one large scale operators. If you look at the Floresta belt, there are some very big names mining and exploring there.
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Ann: Multiple Wide High-Grade Gold Intercepts at Palm Springs, page-71
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