Road Town, Tortola, British Virgin Islands (Mar 30, 2007) – BrazMin Corp. (“BrazMin” or the “Company”) (TSX: BZM) reported a loss for the year ended December 31, 2006 of $1,976,205 or $0.08 per share – basic and diluted (2005: $2,858,147 or $0.17 per share – basic and diluted).
Capitalized exploration for the year amounted to $3,459,389 (total to date is $8,170,892) and mainly reflects work performed on the Sao Jorge Gold Project in Para State, Brazil.
Consolidated Audited Financial Statements for the years ended December 31, 2006 and 2005, together with Management’s Discussion and Analysis, have been filed on SEDAR and are available at www.sedar.com.
For additional information on BrazMin and its projects visit the Company’s website at www.brazmin.com or contact:
Fiona Childe, Ph.D., P.Geo.
VP Corporate Communications
Tau Capital Corp.
Tel: (416) 361-9636 x 227