The Sao Bento Mineração project is located in the state of Minas Gerais, while the site project office is in the town of Belo Horizonte, which is considered to be the epicentre of Brazilian mining.
In total, this property spans an area of 8000 hectares, close to the Brazilian capital of Brasilia. C2C Exploration holds multiple licenses to explore and develop the terain. Prospects for extraction on this site are excellent, due to strong ties to local infrastructure and community, meaning transport and labour are readily available.
A recently conducted pre-feasibility Study at the São Bento property has indicated high levels of gold mineralisation, in unprocessed areas. Although in the developmetal stages, this property holds great hope for C2C Explorations' expansion. The Sao Bento Mineração lies close to a pre-existing mine owned by AngloGold Ashanti Plc (AGD).
C2C Exploration C.E.O. Mr Chris Jarvis said "We've been eagerly awaiting production at the Sao Bento site in Minas Gerais for a long while now; and we're confident that we will realise the projected returns on this investment for the company and for our shareholders."
About C2C Exploration
C2C Exploration, is a São Paulo based mineral exploration and extraction company with an aggressive growth strategy. The company places great importance on exploration, acquisition and development of assets to maximize growth and shareholder value.
The company's current portfolio of assets comprises three exploration projects with epithermal gold, and reserves of other minerals in the area around Sao Paulo, Brazil.
C2C Exploration is committed to building and maintaining shareholder value, and has a strategy focused on constructing a diverse portfolio through exploration and acquisition of early stage projects with high potential. The current portfolio includes several projects with proven reserves, and early stage projects involved in the exploration for gold, copper, iron, and nickel.
The company's' Santo Amaro project is its prime asset and is located in northern brazil, and is wholly owned by C2C exploration. Production began on the Santa Amaro project in 2008.
The other two major assets owned by C2C Exploration are still in the exploration and development stages, but each lies within 60km of a high yielding, well established mine. Exploration on the São Bento site, began following its acquisition in 2011, whilst exploration of the Ibirapuera site began in early 2012.