Used in various branches of the industry, bentonitic clays are considered a valuable mineral, used specially in the petroleum industry for manufacturing of fluids used the drilling of petroleum wells in long depth. Recently, a deposit of this valuable mineral was discovered in the town of Olivedos-PB. There are data that prove that this is a very poor and underdeveloped town. So, this work aims at the physico-mineralogical characterization of clays recently discovered and, this way, verify if they present similar characteristics which allow them to replace the clays from Boa Vista-PB, and if they can be used by the industry, thus bringing social development for that town. The characterization was made by means of the analysis of chemical composition by X-ray fluorescence (EDX), thermogravimetric and thermal differential analyses (TG and DTA), X-ray diffraction (XRD), cation-exchange capacity (CEC) and specific area (SA). The results show that the clays recently discovered in Olivedos-PB are polycationic clays, presenting MgO, CaO and K2O content, and that they are constituted by smectitic clay mineral, by quartz and kaolinite.