Brazauro Drills 258 Meters of 2+ G/T Gold at Tocantinzinho in Brazil; Initiates Independent Scoping Study

    HOUSTON, June 4 /CNW/ - Brazauro Resources Corporation (TSX VENTURE:BZO)
is pleased to announce the results of an additional eight core holes out of a
total of 18 holes that have been completed this year at the Company's
Tocantinzinho ("TZ") Gold Project in Brazil. The Company has drilled a total
of 65 core holes at TZ for a total of 16,126 meters.

    The current program was designed to fill in some of the gaps in the main
deposit, to delineate possible southeasterly and northwesterly extensions of
the main deposit and to test three outlying targets to the southeast. Drilling
of the outlying targets consisted of nine holes.

    In addition, based on the positive results to date and the coherent
distribution of mineralization in the main deposit, Brazauro has decided to
contract an independent engineering firm to commence a scoping study to assess
the economics of this project.

    Drilling Results

    Complete assay results have been received for eight core holes,
confirming continuous mineralization within the previous gaps within the
center of the main deposit, including the outlining of a high-grade core
comprising the southeastern half of the main deposit. This high-grade core
stretches over an area of approximately 300 x 80 meters in size and is still
open-ended at a depth of +250 meters. The results will enhance the inferred
resource that is already more than two million ounces of gold, and improve the
ratio of indicated to inferred resources significantly.

    The following results were received:

    Drill Hole                 Intercept             From          To

    TOC-56             208.76 m @ 1.38 g/t Au(a)    112.80 m     321.56 m
              Incl:       111.56 m @ 2.10 g/t Au    210.00 m     321.56 m
                           71.20 m @ 2.83 g/t Au    248.85 m     320.05 m

    TOC-57                115.50 m @ 2.45 g/t Au     69.00 m     184.50 m
              Incl:        51.45 m @ 4.32 g/t Au    133.05 m     184.50 m

    TOC-58                No significant results
    TOC-59                No significant results

    TOC-60                258.00 m @ 2.02 g/t Au     38.25 m     296.50 m
              Incl:       133.35 m @ 2.74 g/t Au     91.15 m     224.50 m
                          103.85 m @ 3.17 g/t Au     91.15 m     195.00 m

    TOC-61                202.50 m @ 0.97 g/t Au     44.50 m     247.00 m
              Incl:       117.00 m @ 1.33 g/t Au    130.00 m     247.00 m
                           67.00 m @ 1.78 g/t Au    180.00 m     247.00 m
    TOC-62                221.35 m @ 0.60 g/t Au     49.80 m     271.15 m
              Incl:        27.40 m @ 1.67 g/t Au     81.25 m     108.65 m

    TOC-63                No significant results

    (a) Calculated at a 0.2 g/t Au cut-off.

    The results from holes TOC-58, -59 and -63 have closed off the extension
of the main deposit to the southeast. Drilling to the northwest continues with
holes TOC-66, -67, 68 and 69.

    Outlying Targets

    A total of nine core holes were drilled at three targets outside of the
main TZ deposit. Except for two holes at the Jesse Garimpo that encountered
two mineralized zones of 75.8 m @ 0.33 g/t Au and 5.8 m @ 1.01 g/t Au, no
significant zones of mineralization to the southeast were encountered.
Exploration outside the main TZ deposit is now focusing on soil sampling the
contact area between two granitic intrusions to the southeast of TZ, as well
as the continuation of the shear zone to the northwest. Based on the results
of this sampling program, the Company may initiate additional drilling in the

    Engineering Scoping Study

    Brazauro is requisitioning in an independent, preliminary scoping study
at TZ based on the continuation of strong mineralization within the main TZ
deposit, the surface expression of the mineralization, the existence of the
high-grade core with grades above 2 g/t Au and the free milling nature of the
mineralization. This study will examine the economics of a potential mining
operation in this area and will include cost estimates for improving the
infrastructure including power and access. Results from this study are
anticipated this year.

    Drill core samples are collected by Brazauro's experienced geotechnicians
under supervision of Brazauro's qualified geological staff on site. All
reported assays and chemical analyses are made by SGS-Geosol Laboratories of
Belo Horizonte, Brazil, and are handled in the same manner as previously

    The content of this release has been reviewed and approved by Stephen
Zahony, consultant to the Company and a Qualified Person.

    Mark E. Jones, III

    Chairman, CEO

    Brazauro Resources Corporation

    The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release. No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein. The news release includes certain "forward-looking statements." All
statements other than statements of historical fact included in this release,
including, without limitation, statements regarding potential mineralization,
exploration results and future plans and objectives of Brazauro Resources are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to differ
materially from Brazauro's expectations are exploration risks detailed herein
and from time to time in the filings made by the Company with securities

For further information:

For further information: Brazauro Resources Corporation, Houston Mark
Jones, Chairman, 281-579-3400

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