Jupiter Gold Corporation reported that its first royalty project, the Pindaíba Project, operated by Brazil Minerals Inc. is expected to begin production in the third quarter of 2019. The Company’s gold recovery plant will be utilized in operations and Jupiter Gold will receive a 50% royalty on gold revenues. Brazil Minerals will retain the other 50% as well as 100% of diamond revenues. The Jequitinhonha Valley has been mined for gold and diamonds since the 1700’s and new localized discoveries of attractive deposits are still being made. Pindaíba is the name of one such deposit area. Over ten years ago, more than a thousand settlers were mining Pindaíba, and have since been entirely removed. Prior settler activity is one of the strongest markers for a quality mining site, and this information was one of the criteria used in evaluating this project against other opportunities prior to a drilling campaign. In 2018, Brazil Minerals completed 35 drill holes in a subsection of Pindaíba. All drilled holes were positive for gold and a majority of them also showed specific mineral markers for diamonds.