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Jaguar Mining Inc.

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Summary

Project:

Turmalina Complex

Deposit:Turmalina Complex
Location:Brazil
Commodities:Gold
Date:5/14/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:14-5-2019: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Complex deposit at the Turmalina Complex project. Drilling results incl. 9.64m @ 11.20g/t Au from 106.35m. Ben Guenther Interim CEO, Jaguar Mining commented: “
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Jonathan Hill (Internal)
ABSTRACT:Ben Guenther Interim CEO, Jaguar Mining commented: “Exploration results today again highlight the potential to grow production at both CCA and MTL operations from known in-mine and near-mine exploration targets. The goal is to fill both process plants to capacity with quality ounces. We continue to improve our geological understanding of our strategic tenement position within the highly prospective greenstones in Brazil’s Iron Quadrangle Region. The continued delivery of positive drilling results on Orebody C-Central has allowed us to plan and develop shallow mineralization which will provide Turmalina near term additional ore faces and operational flexibility. Development of C Central will provide exploration platforms for C NW and extend the orebody laterally to increase longer term production capability.” “We are also very pleased with the Zona Basal Target showing great promise to add future production at Turmalina. Additionally, initial results from Corrego Brandão are highly encouraging and may present a near term production opportunity for our CCA operation near Caeté.”

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