VANCOUVER, Nov. 20, 2015 /CNW/ - Brazil Resources Inc. ("Brazil Resources" or the "Company") (TSX-V: BRI; OTCQX: BRIZF) announced that it has filed an amended National Instrument 43-101 ("NI 43-101") technical report (the "Amended Report") respecting its Whistler Project located in South Central Alaska.
The amendments, which are described below, do not have any impact on the Company's previously disclosed resource estimate for the Whistler Project as announced in its news releases dated September 9 and October 26, 2015.
The original technical report was amended to delete disclosure of unconstrained block model resources in the "Mineral Resource Estimates" section and to add disclosure of an exploration target in the "Exploration" section of the Amended Report in accordance with NI 43-101 and Form NI 43-101F.
For further information, please refer to the full text of the Amended Report, a copy of which is available under the Company's profile at www.sedar.com.
The Amended Report, titled "NI 43-101 Resource Estimate for the Whistler Project", was authored by Robert J. Morris, M.Sc., P.Geo., Susan C. Bird, P.Eng., and Alan Riles, B.Met, M.AIG, who are each qualified persons within the meaning of NI 43-101 and independent of the Company. The Amended Report has an effective date of August 15, 2015 and was amended and restated as of November 12, 2015. The Amended Report amends and restates the technical report of the Company dated August 15, 2015 with the same title.
About Brazil Resources Inc.
Brazil Resources Inc. is a public mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil, Paraguay and other regions of the Americas. Brazil Resources is advancing its Cachoeira and São Jorge Gold Projects located in the State of Pará, northeastern Brazil and its Rea Uranium Project in the western Athabasca Basin in northeast Alberta, Canada.
Paulo Pereira, Brazil Resources' President, has reviewed and approved the technical information contained in this news release. Mr. Pereira holds a Bachelor degree in Geology from Universidade do Amazonas in Brazil, is a qualified person as defined in NI 43-101 and is a member of the Association of Professional Geoscientists of Ontario.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE Brazil Resources Inc.
For further information: Brazil Resources Inc., Amir Adnani, Chairman, Garnet Dawson, CEO, Telephone: (855) 630-1001