SOURCE: Brazil Minerals, Inc.

Brazil Minerals, Inc.

August 12, 2014 10:05 ET

Gemological Institute of America Visits Brazil Minerals, Inc.'s Diamond and Gold Operations

BELO HORIZONTE, BRAZIL--(Marketwired - Aug 12, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced today that it had received a request and granted rights to representatives from the Gemological Institute of America ("GIA") to visit the facilities of its subsidiary, Mineração Duas Barras Ltda. ("MDB"), a producer of diamonds and gold. The GIA visit is taking place this week in Brazil.

Marc Fogassa, Chairman and CEO of BMIX, commented, "We are delighted to give the GIA's executives a detailed tour of our diamond and gold operations. The GIA seeks to learn the provenance of gems worldwide and our subsidiary MDB has the only licensed large-scale plant in the Jequitinhonha Valley, a famous area for diamonds for over 200 years. We are therefore excited to host the GIA executives at our producing mine and believe it will be mutually beneficial."

GIA is the diamond industry's premier laboratory for grading and certification. Of MDB's diamonds that are cut and polished, and exported from Brazil, most are certified and graded at GIA's laboratories.

MDB mines conflict free diamonds and gold, and sells rough and polished diamonds and 96% purity gold. It owns mineral rights encompassing approximately 1,404 acres, including a mining concession, and operates the largest alluvial processing plant in Latin America. Furthermore, MDB has a bankable feasibility study on file with the Brazilian mining department and holds all necessary licenses for continuous operation for mining and processing of diamonds and gold. It also has the license from Brazilian authorities enabling it to export its production of rough or polished diamonds.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX), a U.S. corporation, is a diversified mining company with revenues from sales of rough and polished diamonds as well as gold, and ownership of interests in projects in gold, titanium, vanadium and iron in Brazil. More information on BMIX, including an investor presentation, can be found at www.brazil-minerals.com.

About GIA

An independent nonprofit organization, GIA (Gemological Institute of America), established in 1931, is recognized as the world's foremost authority in gemology. GIA invented the famous 4Cs of Color, Cut, Clarity and Carat Weight in the early 1950s and in 1953, created the International Diamond Grading System™ which, today, is recognized by virtually every professional jeweler in the world.

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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