SOURCE: Brazil Minerals, Inc.

Brazil Minerals, Inc.

February 02, 2015 10:37 ET

Brazil Minerals, Inc. Begins to Sell Industrial-Quality Sand and Increases by 127% Sand Volume Estimates

BELO HORIZONTE, BRAZIL--(Marketwired - Feb 2, 2015) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX") announced today that its Brazilian subsidiary, Mineração Duas Barras Ltda. "(MDB"), has begun to sell industrial-quality sand. Current customers buy sand at the mine and transport it for resale to home builders. As there is virtually no direct cost to MDB on these sales, they are all profitable. Furthermore, BMIX announced an upward revision of 127% in the estimated availability of sand that MDB has in its recovery bay located near the diamond and gold processing plant, from 200,000 tons to 454,813 tons, based on topological estimates by an outside consultancy. MDB has other areas with industrial-quality sand as well, which are not included in the above estimate.

It is important to note that the sand recovery bay may be continuously replenished or partially replenished over time. This one deposit contains sand derived as a byproduct of the processing of gravel for diamonds and gold at MDB's plant. At full throughput, the retrieval plant is able to process 80 tons of gravel per hour, and therefore in a working shift of 8 hours, it processes 640 tons of gravel. It is estimated that approximately 36% of these 640 tons of gravel, or roughly 230 tons, is sand, which upon processing gets placed in the recovery bay.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX) is a U.S. company with revenues from diamonds, gold, and sand. In particular, BMIX owns Mineração Duas Barras Ltda. (MDB), a Brazilian producer and seller of polished and rough diamonds, 96% purity gold bars, and industrial-quality sand. MDB owns a fully-operational mining concession, the largest alluvial processing plant for diamonds and gold in Latin America, and the Brazilian permit to export its production. More information on BMIX can be found at www.brazil-minerals.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, BMIX's ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Cautionary note regarding estimates of Indicated and Inferred Mineral Resources of Diamonds and Gold as found in MDB's NI 43-101 Technical Reports.

We advise U.S. investors that while these terms and amounts are recognized by Canadian regulations, the U.S. Securities and Exchange Commission ("SEC") does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves as defined by the U.S.'s Industry Guide 7.

Cautionary note regarding estimates of Mineral Reserves of Diamonds and Gold as found in MDB's Bankable Feasibility Study.

We advise U.S. investors that while these terms and amounts are recognized by Brazilian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves as defined by the U.S.'s Industry Guide 7.

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