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Jaguar Mining Inc.
Summary
| Project: | Turmalina Complex | |
|---|---|---|
| Deposit: | Turmalina Mine | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-11-2017: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Mine deposit at the Turmalina Complex project. Drilling results incl. 3.65m @ 79.27g/t Au from 299.05m. Toronto, Canada, November 28, 2017 – Jaguar Mining Inc | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jonathan Victor Hill (Internal) | |
| ABSTRACT: | Toronto, Canada, November 28, 2017 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) today announced initial results from the first 18 underground drill holes (5,454m) from the Company’s Growth Exploration Program at Turmalina Gold Mine (“Turmalina”) in Minas Gerais, Brazil, targeting the down-plunge continuity of the principal mineralized Orebodies A and C (see press release September 20, 2017). Results reported are for the first 14 holes (4,368m) on Orebody A, as well as 4 holes (1,068m) on Orebody C, and represent approximately 50% completion of an overall exploration program of 11,355m. Three diamond drill rigs are currently focused on completing the remaining 50% of this program. Further results will be released over the coming months with an upgraded mineral resource expected to be published during 2018. Rodney Lamond, President and Chief Executive Officer, Jaguar Mining commented “We are very pleased to announce these positive results and the successful start of our growth exploration drilling program at Turmalina. Drilling from the first 18 holes focused on targeting down-plunge extensions to the high-grade Orebody A at depth, while also targeting extensions of Orebody C at shallower depths. These results confirm significant wide, high-grade gold mineralization within the primary orebodies at Turmalina. The multiple highgrade intercepts validate the geological model and confirm significant upside potential to grow the resource base at Turmalina. To date in 2017, we have successfully completed more than 20,000 meters of a targeted diamond drilling exploration and growth program across of our core assets. Our priority was to focus on upgrading and converting our resources and on growth drilling to increase and add new resources. We look forward to reporting updated mineral resources and mineral reserves in early 2018 that will reflect the excellent results we have achieved throughout this year.” | |
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