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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

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

Comment by Sutteron Jul 25, 2022 4:39pm
185 Views
Post# 34849344

RE:RE:new video interview

RE:RE:new video interviewFrom the  VID interview, it sounds like Jag is drilling the depth extensions of Faina down to 700 meters and must have hit. If I heard it correctly the drill hole is a confirmation of another hole.  I believe the 400,000 ounces of Faina resources are within the first 100 meters or so.  If Jag can confirm the system at similar grade down to 700 meters, that would imply a 2+ million ounce system at Faina.  A possible game changer  for Jag as Turmalina would then be looking like a 100,000+ /yr mine at good grades.  Now I guess we wait for results.  
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