JUPITER
GOLD CORPORATION
ADDS
NEW PRIMARY GOLD PROJECT AND REPORTS 71 GPT GOLD
BELO
HORIZONTE, BRAZIL -- February 22, 2019 -- InvestorsHub NewsWire
-- Jupiter
Gold Corporation (OTC:
JUPGF) ("Jupiter Gold" or "Company") today announced that it
has added a new 100% primary gold project to its asset base. The
area entitled encompasses more than 4,750 acres in the direct
continuation of a gold trend with settler activity, a strong
indicator. Samples collected by the Company from a trench opened by
such settlers and analyzed in a SGS-Geosol
laboratory showed
results as high as 71 grams of gold per ton ("gpt
Au") in
quartz veins hosted in amphibolites,
phyllites, and granodiorites. Two examples of such gold-bearing
rocks can be found in the photograph attached to this
release.
Gold
mineralization occurs locally in boudined
quartz
veins and are believed to be due to intrusions of basic igneous
rocks, similar to
the
auriferous mineralization seen throughout the Western
Chapada
Diamantina region of
Brazil. It is noteworthy that there is the additional potential for
the occurrence of free gold that would allow recovery using
gravimetric methods. A Jupiter Gold field team headed by geologist
Areli Nogueira is currently conducting additional analysis,
including pre-determination of drilling campaign targets towards
possible resource assessment.
About
Jupiter Gold Corporation
Jupiter Gold Corporation (OTC:
JUPGF) is focused on gold
projects in Brazil.
More information can be available at
www.jupitergoldcorp.com.
Jupiter
Gold Corporation has recently begun trading in the U.S.
over-the-counter market with ticker symbol JUPGF and its shares may
be transacted through various brokers-dealers such as TD
Ameritrade,
Charles Schwab, and Glendale Securities.
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 Jupiter Gold
Corporation'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, Jupiter Gold Corporation'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. We
advise U.S. investors that Jupiter Gold Corporation's properties
and projects, as of now, are exploratory and do not have measured
"reserves" as such term is defined in the Securities and Exchange
Commission.
Contact:
Marc
Fogassa, CEO
Jupiter
Gold Corporation
ir@jupitergoldcorp.com