Brazauro Shares Sold by Talon

    HOUSTON, September 20 /CNW/ - Brazauro Resources (TSX VENTURE:BZO)
reports today that Talon Metals Corp. sold 8,214,500 common shares of the
Company to several institutions through the facilities of the TSX.

    Prior to today's transaction, Talon had held 13,150,000 shares of
Brazauro for investment purposes. Talon still holds 4,935,500 shares of
Brazauro, or approximately 6.5% of the outstanding common shares. Talon has
agreed that it will not sell any of the remaining Brazauro shares for six
months without the prior consent of the Company.

    Brazauro's lead asset is the 100% owned Tocantinzinho Gold Project (TZ)
in Brazil. In December 2006, the Company reported the completion of an
NI43-101-qualified resource estimate prepared by Pincock Allen & Holt that
stated that TZ contains an indicated resource of 793,514 ounces of gold (16.6
million tonnes grading 1.48 g/t gold) and an inferred resource of 832,817
ounces of gold (19.38 million tonnes grading 1.34 g/t gold).

    In June this year, the Company announced that it is having an independent
scoping study prepared which will assess the prospects for economic gold
production at TZ, including practical details and approximate costs. This
study will also include an updated resource estimate. The results of the study
should be received and announced shortly.

    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, Houston Chairman Mark Jones,

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