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Jaguar Mining Inc.
Summary
| Project: | Turmalina Complex | |
|---|---|---|
| Deposit: | Turmalina Mine - Orebody C | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 2/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-2-2017: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Mine - Orebody C deposit at the Turmalina Complex project. Drilling results incl.17.1m @ 11.33g/t Au from 35.8m. Jaguar Mining Inc. ("Jaguar" or the "Company") | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Geraldo Guimaraes Vieira dos Santos (Internal) | |
| ABSTRACT: | Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced multiple high-grade drill intercepts generated from 36 drill holes (5,393 metres) designed to convert and extend the currently reported mineral resource of Orebody A and Orebody C at the Company’s Turmalina Gold Mine (“Turmalina”) located in the Iron Quadrangle, Minas Gerais, Brazil. Rodney Lamond, President and Chief Executive Officer of Jaguar, stated: “We are pleased to report that the results for the latest Turmalina exploration drilling campaign are significant for two reasons; firstly, infill drilling continues to confirm the high-grade mineralized extensions of the main Orebody A below current production levels. Reduced widths in the northwest section of Orebody A appear to be offset by the widening at depth in the southeast (A-SE) section, as demonstrated by drill hole FTS-1324 with 11.33 g/t Au over an ETW of 14.6 m. Additionally, I am very pleased to report that the deep exploration drill results completed on Orebody C have successfully confirmed the extensions of the more productive southeast (C-SE) section of the orebody. Within the confirmed large, true-width mineralized intersections, there are several high-grade intervals that have not been typically seen in the upper levels of the orebody, suggesting an increase in mineralization at depth. Furthermore, we are pleased to report that this newly confirmed nearer-to-surface mineralization at Orebody C, could augment and possibly increase Turmalina’s overall underground mine production. These results continue to build confidence in the Company’s ability to convert resources to reserves and have the potential to extend mine life at Turmalina. The Company continues to advance the development of the new Growth Exploration drilling horizon in the hanging wall of Orebody A, designed to test the deep down-plunge continuity of the main orebody.” | |
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