Brazil Minerals Inc. Runs Modular Gold Recovery Plant

PASADENA, February 14, 2017 - Brazil Minerals, Inc. (OTC PINK: BMIXD) (the "Company" or "Brazil Minerals") announced today that the new gold and diamond modular recovery plant located in one of its mining concessions in the Jequitinhonha River valley in Brazil is near operational status. A gold-recovery centrifuge, the last of the five machines of this plant, was recently installed. The plant's first test run occurred last Friday and the centrifuge successfully retrieved gold from material processed. Today the Company is finalizing an upgrade of the portable diesel-powered generator used for the modular plant, as each of its five components has its own motor and a need for stronger power output was observed. It is expected that after this change, the plant will be ready to run operationally.

In related news, a long-term equity holder in the Company has agreed to provide funds through direct stock investments in both Brazil Minerals and in Jupiter Gold Corporation, a subsidiary of the Company, to allow for the acquisition of a second industrial-size gold-recovery centrifuge. Such machine could be used to nearly double the gold production of this first modular plant, or as the basis for a second modular plant for recovery of gold and diamonds. Brazil Minerals has enough auriferous and diamondiferous material already excavated as well as the ability to retrieve new material to run more than one modular plant at the same time. A second plant would most likely be placed in one of the Company's other mineral right areas for gold and diamond.

Attached below are photographs of the installed centrifuge and of material to be processed in the testing of the plant.


About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTC PINK: BMIXD) is a producer of diamonds, gold, sand and industrialized mortar. Through various subsidiaries, consolidated in our financial statements, we have title to 38 mineral rights for gold, diamonds, manganese and sand, including 10 mining concessions for gold and diamonds, the highest level of right to mine in Brazil; the total surface area of these mineral rights is 218,525 acres or 440 square miles. More information on BMIX is 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.



Contact:

Peter K. Goldy, Director of Communications
Brazil Minerals, Inc.
(213) 590-2500
info@brazil-minerals.com
www.brazil-minerals.com