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Jangada Mines Plc
Summary
| Project: | Pedra Branca | |
|---|---|---|
| Deposit: | Pitombeiras | |
| Location: | Brazil | |
| Commodities: | Vanadium-Iron-Titanium | |
| Date: | 7/10/2020 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 10-7-2020: Jangada Mines Plc announces an Exploration/Drilling Update report for its Pitombeiras deposit at the Pedra Branca project. Drilling results incl. 25.25m @ 0.56% V2O5, 10.81% TiO2, 54.01% Fe2O3. Jangada Mines plc (‘Jangada’ or ‘the Company’), a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Paulo Ilidio de Brito (Independent) | |
| ABSTRACT: | Jangada Mines plc (‘Jangada’ or ‘the Company’), a natural resources company, is pleased to announce additional high-grade drilling assay results from its diamond drilling (‘DD’) programme at its Pitombeiras Vanadium Project (‘Pitombeiras’ or ‘the Project’) in Brazil. The programme has evaluated the structural corridor associated with the known vanadium titanomagnetite ('VTM') mineralisation, which includes the Pitombeiras North and Pitombeiras South anomalies and the newly discovered Goela VTM targets. A total of 19 DD holes have been completed in 2020 for a total of 1,360.80 metres, including 1,058.85 metres at the Pitombeiras North target and 301.95 metres at the Goela target. 16 from a total of 19 drillholes intersected VTM mineralisation. | |
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