Brazauro Resources (TSX VENTURE:BZO) has entered into a Letter of Intent with Gold Fields Holding Company (BVI) Limited, a subsidiary of Gold Fields Limited (NYSE, JSE, DIFX : GFI) ("Gold Fields") to acquire the Bom Jardim property (the "Property") consisting of approximately 22,700 hectares of concessions and application areas in the Tapajós region of Pará State, Brazil, subject to the back-in rights described below.