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A prior owner of the Duas Barras mining concession and plant, Toronto Stock Exchange-listed Vaaldiam Resources Ltd., filed a formal NI 43-101 geological report with the Canadian securities administrator in 2007. This report, based on extensive geological studies performed in Duas Barras, by a geologist holding the Canadian standard of Qualified Person, demonstrated Indicated and Inferred Resources of 432,000 carats of diamonds and 15,709 troy ounces of gold on the concession. This report as well as further information and photographs of the Duas Barras property are available at www.brazil-minerals.com.

BMIX's second asset, a high potential gold property known as the Borba Project, is located in the Amazon region of Brazil in an area considered to be in a geological gold belt formation. The exploration permit for this area allows research to be performed in it until December 4, 2015, with an extension for an additional 3 years possible and commonly obtained under current regulations. If research performed by BMIX in this area leads to a mining concession for gold, such right would be perpetual, under current law, provided that continuous mining occurred in the area.

The Borba Project area has had inflows of "garimpeiros" (Portuguese for prospectors) due to high grade gold discoveries in the property. This area has primary gold deposits and gold nuggets are found embedded in clay within as little as one meter underground. BMIX is currently developing an initial geological evaluation plan for this property.

2012 Financial Results

As a result of the Company's going-public transaction on December 19, 2012, the 2012 results reflect only 11 days as a mining company, and no revenues, since the Option was exercised in 2013. BMIX's recorded expenses were $0.2 million for the period ended December 31, 2012. Based on its weighted average of 122,907,180 shares outstanding, BMIX reported 2012 losses of $174,463 and $0.00 on a per-share basis.

Financial Condition

As of December 31, 2012, BMIX had approximately $0.9 million in cash compared to approximately $0.02 million as of February 29, 2012. BMIX also had a $0.8 million loan receivable from a related party as of December 31, 2012. Total assets as of December 31, 2012 were approximately $1.7 million versus approximately $0.02 million as of February 29, 2012. BMIX had no debt outstanding at December 31, 2012; its Shareholders' Equity as of such date was approximately $1.6 million versus approximately $0.02 million as of February 29, 2012.

Cash used for operations was approximately $0.1 million during the ten months ended December 31, 2012. Working capital was approximately $0.8 million as of December 31, 2012, up from approximately $0.02 million as of February 29, 2012.

Growth Strategy

BMIX strives to become a premier public investment entity with ownership interest in a diversified basket of mining assets in Brazil. It is well known that Brazil has only a small fraction of its vast territory properly geologically-mapped; the figures range from 2% to 5%. BMIX believes that there is an enormous potential for further discoveries to take place. Led by Chairman and CEO Marc Fogassa, BMIX will implement a private equity model of acquiring assets with high current or medium-term potential at attractive prices and conditions, and delivering shareholder value through revenue from producing properties, or development, joint ventures and asset sales of assets not in production.