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Jaguar Mining Inc.
Summary
| Project: | Turmalina Complex | |
|---|---|---|
| Deposit: | Turmalina Mine | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 2/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-2-2018: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Mine deposit at the Turmalina Complex project. Drilling results incl. 19.9m @ 4.96g/t Au from 334m. Toronto, Canada, February 26, 2018 – Jaguar Mining Inc. ("J | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jonathan Victor Hill (Internal) | |
| ABSTRACT: | Toronto, Canada, February 26, 2018 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) today announced growth exploration drill results from 14 underground holes at Turmalina Gold Mine (“Turmalina”) and three infill drill holes at Pilar Gold Mine (“Pilar”) in Minas Gerais, Brazil. At Turmalina, drilling targeted the down-plunge continuity of the principal Orebodies A and C (see press release November 28, 2017). Updated mineral resources and ore reserves for Pilar and mineral resources for Turmalina are planned to be published in March 2018. Rodney Lamond, President and Chief Executive Officer, Jaguar Mining commented “The results released today are significant and include additional high-grade intercepts from drilling focused on targeting downplunge extensions to the high-grade Orebody A at depth, while also targeting extensions of Orebody C at shallower depths. Turmalina results continue to confirm significant wide, high-grade gold mineralization within the primary orebodies providing us with increased confidence in the potential to add considerable mineral resources and upgrade to mineral reserves. In addition, infill-drilling results are impressive as they demonstrate significant increases in the Grade-Thickness when drill spacing is decreased to convert and upgrade mineral resources to mineral reserves. At Pilar, the Company was successful in utilizing directional drilling techniques underground to target the down-plunge extension and to infill the deep drilling results previously reported. These additional high-grade intercepts confirm deep extensions of primary orebodies and strengthen our confidence in delivering improved near-term production.” | |
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