JUPITER GOLD ADVANCES ITS PARACATU GOLD PROJECT & OTHER NEWS
BELO HORIZONTE, BRAZIL –(June 26, 2018) – Jupiter Gold Corporation (“Jupiter Gold”) has submitted 53 samples collected in its recent drilling campaign at its Paracatu Project for geochemical analysis to SGS-Geosol’s laboratory, utilized by the major global mining companies operating in Brazil. Gold in the samples will be assayed using the Fire Assay/Atomic Absorption method. The samples were collected from an alluvial plain along the Rico Creek, which drains the giant Paracatu gold deposit known as “Morro do Ouro” (Gold Hill), an ore body of 16 million ounces owned by Kinross Gold Corporation (NYSE: KGC). Jupiter Gold’s senior geologist on the Paracatu Project is Rodrigo Mello, one of the most experienced Brazilian gold geologists. Mr. Mello developed and managed the 2nd largest gold mine in Brazil, and has worked for Goldcorp, AngloGold and AngloAmerican, among others.
In other news, Jupiter Gold also announced that it has hosted a large gold producer company from Central Asia in a working visit to the Paracatu Project. Two other foreign groups are in the planning stages of visits as well.
About Jupiter Gold Corporation
Jupiter Gold Corporation (“Jupiter Gold”) is focused on gold projects in Brazil. More information on Jupiter Gold is at www.jupitergoldcorp.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 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 the Paracatu Project, as of now, does not have measured reserves as such term is defined in the Securities and Exchange Commission’s Industry Guide 7.
Chairman & Chief Executive Officer
Jupiter Gold Corporation