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The Limão Property is situated in the prolific Tapajós Gold Province that is one of Brazil's foremost gold regions and the country's principal source of gold from the early 1970's to early 1990's. Amerix has recently optioned the Serra Dourada exploration concessions that are positioned adjacent to and immediately west of the Limão Property, resulting in 18,000 hectares of prospective ground.Numerous gold geochemical anomalies have been outlined at the Limão Property and surface exploration at both the Limão and Serra Dourada concessions are continuing to develop new targets for future drilling. Historic and active gold production from the Tapajós Gold Province, placer and near surface mining operations, small-scale, mainly from artisanal, is estimated to be 30 million ounces of gold. Additionally, Amerix holds a production royalty at the Ouro Roxo gold property where a local group has been alluvial mining on a small scale.
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