Jaguar Mining Inc T.JAG

Alternate Symbol(s): JAGGF

Metals & Mining Gold

Jaguar Mining Inc. is a Canadian junior gold mining, development, and exploration company. It operates in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company's principal operating assets are in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Mining Complex (Pilar and Roca Grande Mines, and Caete Plant). It also owns the Paciencia Gold Mine Complex. Caete Complex is located 50 kilometers east of the city of Belo Horizonte and includes the Pilar gold mine, the Caete processing plant and the Roca Grande gold mine. Its Faina project is a new underground orebody located just west of the Company’s Turmalina mine within the MTL Complex. The Paciencia complex includes two underground gold mines, Santa Isabel and Margazao, and a processing plant located within 9,000 hectares of contiguous permitted mining tenements.

TSX:JAG - Post by User

Jaguar Mining Inc > covid

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Post by cobillson Mar 19, 2021 12:34pm

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Post# 32838486

covid

As per Vern Baker "covid 19 remains our key risk in reaching our 100,000 ounce per annum target.Unfortunately year to date the number of deaths in Brazil have reached pandemic heights.AS A RESULTWE HAVE BEEN EXPERIENCING THE HIGHEST NUMBER OF CASES OCCURRING IN OUR WORK FORCE"
This in my opinion is the cause of the 40% decline.Brazil deaths steadily climbing.Health system broken.Praying for the miners.

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