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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

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

Comment by Sutteron Feb 18, 2021 1:45pm
140 Views
Post# 32597357

RE:RE:RE:RE:Nice results from New zones

RE:RE:RE:RE:Nice results from New zonesThe Zona Basal footprint looks like it could have the  potential for a 2 gram open pit orebody of 300,000 ounces.  Jag could feed that into the Turmalina mill and have mining flexiblity for a long time to come.  The Faina deposit is interesting because it is a 7 gram refractory orebody that needs a third party (Anglogold) to process the concentrate.  CB looks interesting but it is too early to tell how big it is, but there is something there and anything next to the mill adds incremental value.  One or more of these three projects look like they could add lower cost ounces into the production pipeline in 2023. 

The Pacientia mill is still sitting there idle.  I am assuming Jag is waitng to see what they come up with on the JV ground with Iamgold.

The prospect for Jag to be a 200,000 ounce producer on a sustainable basis is looking more promising.   
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