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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

Metals & Mining Gold
Jaguar Mining Inc. is a Canada-based junior gold mining, development, and exploration company. The Company is operating in Brazil with three gold mining complexes, and a land package with upside exploration potential from mineral claims covering an area of approximately 65,000 hectares. The Company’s principal operating assets are located in the Iron Quadrangle, a greenstone belt in the state of Minas Gerais, and include the Turmalina Gold Mine Complex and Caete Gold Mine Complex (Pilar and Roca Grande mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which is located approximately 80 kilometers southwest of Belo Horizonte. Its operations are located in the Iron Quadrangle, a prolific greenstone belt near the city of Belo Horizonte in the state of Minas Gerais, Brazil. The Company's Brazilian assets and operations are held by its subsidiary, Mineracao Serras do Oeste Ltda. (MSOL). Its projects also include the Pitangui Project and the Acurui Project.


TSX:JAG - Post by User

Jaguar Mining Inc > Buy Back
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Comment by sebrazon Nov 22, 2020 2:07pm
159 Views
Post# 31949169

RE:RE:RE:RE:Buy Back

RE:RE:RE:RE:Buy Backthey have 400k Measured + Indicated resources at Faina ( near Turmalina) that is just waiting to be drilled and produced.

Issue is, initially they thought the resource would have low recovery due to refractory characteristics, but as gold price is higher they might be more willing to use more advanced tech to increase recovery. Hopefully will have news released very soon on this.

Will be immediately accretive as Turmalina mine is only producing around 55% capacity.
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