07 APRIL 2011AL CIRCLE
Bullion Monarch Mining Acquires Bauxite Property in Brazil
Edited by : AL CIRCLE
1 min read
..Bullion Monarch Mining Inc. (BULM) announces acquisition of the Niquelandia bauxite project located near the town of Niquelandia, Goias, Brazil. Geologists believe the deposit to be located at surface or near surface covering a large area, possibly up to 25 km in length and up to 5 km in width. This project is substantial in scope and validates Bullion Monarch Mining's decision to allocate significant resources to adequately explore the area. An exploration budget of $1.5 million USD is estimated to be invested in the first year of the project...
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