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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

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  • Betteryear2X
Post by Betteryear2on May 21, 2024 10:58am
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Post# 36049921

Jaguar Mining Provides Update

Jaguar Mining Provides Update

DEVELOPMENT CHANNEL SAMPLES - H LENS

  • 14.42 g/t Au over an estimated true channel width of 6.75m
  • 13.31 g/t Au over an estimated true channel width of 6.40m

DIAMOND DRILLING - J LENS

  • 20.17 g/t Au over an estimated true width of 6.62m in hole FAI0018
  • 8.54 g/t Au over an estimated true width of 4.72m in hole FAI0020
  • 6.46 g/t Au over an estimated true width of 9.66m in hole FAI0024

TORONTO, ON / ACCESSWIRE / May 21, 2024 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG)(OTCQX:JAGGF) is pleased to provide an update and announce that access development and concomitant mineral resource delineation diamond drilling has intersected high-grade mineralization at its Faina Project ("Faina"). Faina is part of the Company's MTL Mining Complex which also includes its Turmalina Mine, and is located in the state of Minas Gerais, Brazil, approximately 130 kilometers northwest of the city of Belo Horizonte.

Jaguar Mining Provides Update on Faina Access and Intersects High Grades in Development and Diamond Drill Holes (accesswire.com)

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