Ardent Mines has completed the acquisition of Gold Hills Mining, a Brazilian corporation that owns mineral rights on four properties located in northeastern Brazil.
The properties, which comprise a total area of about 3,500 hectares, are located in Teixeira County in the Brazilian state of Paraiba and Itapetim County in the Pernambuco state.
CPRM, a Brazilian government agency, previously explored the properties for which Gold Hills owns mineral rights.
According to Ardent Mines, the highlight of these properties is a highly mineralized vein of over 13 kilometers in length, where the CPRM identified intersections with gold grades of up to 10 g/t.
Gold Hills has also confirmed these observations in the sample analysis and other geological work conducted by it.