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Jaguar Announces Turmalina Mine Infill Diamond Drill Results, Resumption Of Growth Exploration Drilling
Infill diamond drilling results confirm model grades and thickness of main orebodies O...
About this update from Jaguar Mining Inc.
[{"type":"text","content":"Jaguar Announces Turmalina Mine Infill Diamond Drill Results, Resumption Of Growth Exploration DrillingInfill diamond drilling results confirm model grades and thickness of main orebodiesOrebody A: 15.22 g/t Au over 8.36m (including 20.20 g/t Au over 5.55m) Orebody C: 8.02 g/t Au over 7.66m (including 19.35 g/t Au over 2.75m)TORONTO / ACCESSWIRE / January 28, 2020 / Jaguar Mining Inc. (\"Jaguar\" or the \"Company\") (TSX: JAG)(OTCPINK:JAGGF) 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.Vern Baker CEO, Jaguar Mining commented: \"Resumption of growth exploration drilling at Turmalina is an important milestone in Jaguar´s ongoing transformation to stabilize, grow and sustain production from its key operations in the prolific Iron Quadrangle of Brazil. The highly successful prior cycle of growth exploration Investment by Jaguar, commenced in late 2016, culminated in a material increase in the company's Mineral Resource inventory in 2017-2018 and Mineral Reserve inventory in early 2019. Infill Drilli...