Brazil Minerals cuts & polish initial diamonds batch

Brazil Minerals, announced the successful production of an initial batch of polished diamonds from rough gems that it recovered from diamondiferous gravel using modular processing plant technology. These diamonds were mined within one of its mining concessions in the Jequitinhonha region of the state of Minas Gerais in Brazil.

 

The Company has over twenty mineral rights for diamonds in some of the best locations in Brazil. Brazil Minerals has had its polished diamonds certified and graded at the Gemological Institute of America (GIA) in Carlsbad, California.

 

The highest color grade has been "E", the 2nd highest possible grade (the color scale starts at D). The best clarity has been VVS1, the 2nd best clarity possible. The majority of the Company’s diamonds have graded F-G for color and VVS2-VS2 for clarity, with weights between 0.4 and 2.0 carats.

 

The Rapaport valuation of Brazil Minerals’ diamonds graded at GIA has been $3,250 per carat.

 

 

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