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Jaguar Mining Inc.
Summary
| Project: | Turmalina Complex | |
|---|---|---|
| Deposit: | Turmalina Complex | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 1/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-1-2020: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Complex deposit at the Turmalina Complex project. Drilling results incl. 8.90m @ 15.22g/t Au from 142.68m. Toronto, January 28, 2020 – Jaguar Mining Inc. ("Jag | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jonathan Victor Hill (Internal) | |
| ABSTRACT: | Toronto, January 28, 2020 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) is pleased to announce results of its 2019 Infill diamond drilling campaign and the resumption of growth exploration drilling activities at its Turmalina Mine Operation (“Turmalina”). Infill drilling completed in 2019 confirms expected modelled grade and thickness of both Orebody A and Orebody C which are the source of current production. This drilling is expected to support replacement of Mineral Reserves net of 2019 production depletion. Definitions: ETW – estimated true width, g/t Au – grams per tonne gold, m – metres, grade (g/t Au) x thickness (m) = GM (gram – metres) At Turmalina, 11 infill drilling intersections reported grade (g/t Au) x thickness (m) results > 25 GM (refer to Table 1, Figure 1 and Appendix 1, 2) with the best results from Orebody A, including 15.22 g/t Au over 8.36m (including 20.20 g/t Au over 5.55m) and Orebody C including 8.02 g/t Au over 7.66m (including 19.35 g/t Au over 2.75m). Contractors, Major Drilling, have mobilized an underground diamond rig dedicated to growth exploration at Turmalina through 2020. This drilling will initially focus on evaluating the important C-SE Block between level 6 and level 8 and below current level 8 access development as well as test priority targets on Orebody A, Orebody B and C-Central / NW (Figure 1). The location of planned and targeted 2020 infill and growth exploration drilling is presented in Figure 2. | |
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