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Jaguar Commences Drill Programs on Near-Mine Surface Targets at Pilar and Turmalina Mines, Brazil
High-Priority Targets Include Zona Basal, Faina, Pilarzinho and Corrego Brandão TOR...
About this update from Jaguar Mining Inc.
[{"type":"text","content":"Jaguar Commences Drill Programs on Near-Mine Surface Targets at Pilar and Turmalina Mines, BrazilHigh-Priority Targets Include Zona Basal, Faina, Pilarzinho and Corrego BrandãoTORONTO, ON / ACCESSWIRE / September 15, 2020 / Jaguar Mining Inc. (\"Jaguar\" or the \"Company\") (TSX:JAG) is pleased to announce the commencement of near-mine surface diamond drilling for high-priority exploration targets located in and around the Turmalina Gold Mine (\"Turmalina\"), the Pilar Gold Mine (\"Pilar\") and the Caeté processing facility all located in Minas Gerais, Brazil. The high priority targets include Zona Basal, Faina, Pilarzinho and Corrego Brandão.Drill Target HighlightsAt the Corrego Brandão Exploration Target, located near Jaguar's Caeté Plant, soil sampling, geological mapping and a recently completed high resolution drone magnetics survey have all significantly extended the area of interest for drill targeting. A gold in soil anomaly (>100ppb Au) has now been defined in an area that includes a greater than 5km strike length.In 2019, an intersection of 21.32 g/t Au over 12.8m (including 60.08 g/t over 3.0m) was reported from reconnaissance phase auger drilling (see press release June 4, 2019). Drilling is expected to commence in Q4-2020 or early 2021 once permitting has been received.The Zona Basal Target, located near Turmalina, commenced an initial 10-hole (1,200m) reconnaissance diamond drilling program in early September 2020. Drilling is currently focused on structurally controlled, bed-rock mineralized sources reported from trench sampling within an extensive 3km x 0.5km (plus pathfinder elements Arsenic and Antimony) gold in soil anomaly (>100 ppb Au) coincident with geophysical (magnetics) anomalies.At the Faina Deposit, also located near Turmalina, four large-diameter (PQ) diamond drill-holes were completed during August 2020 (547.10m) in order to provide representative samples of mineralized material for new metallurgical test work benefiting from modern advancements in extractive metallurgy subsequent to work completed at Faina prior to 2005. Historically, this resource was considered to have refractory characteristics resulting in low metallurgical recoveries. Faina currently has a NI 43-101 compliant Resource (M+I+I) of 418koz at a weighted average grade of 7.21 g/t Au. (Turmalina Techni...