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Turmalina Delivers Further High-Grade Intercepts from In-Mine, Exploration and Resource Conversion Drilling

Drilling highlights include: 22.87 g/t Au over an estimated true width of 5.4m in Orebody CN...

articleJaguar Mining Inc.February 14, 20233/company/jaguar-mining-inc/news/turmalina-delivers-further-high-grade-intercepts-from-in-mine-exploration-and-resource-conversion-drilling
Turmalina Delivers Further High-Grade Intercepts from In-Mine, Exploration and Resource Conversion Drilling

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[{"type":"text","content":"Turmalina Delivers Further High-Grade Intercepts from In-Mine, Exploration and Resource Conversion DrillingDrilling highlights include: 22.87 g/t Au over an estimated true width of 5.4m in Orebody CNW 13.54 g/t Au over an estimated true width of 6.4m in Orebody B 7.98 g/t Au over 5.2m* in Pontal South 9.51 g/t Au over 9.8m*in Faina Resource Conversion Infill Drilling * (Drilled width - true width unknown)TORONTO, ON / ACCESSWIRE / February 14, 2023 / Jaguar Mining Inc. (\"Jaguar\" or the \"Company\") (TSX:JAG)(OTCQX:JAGGF) is pleased to announce positive results from ongoing exploration and growth activities at its Turmalina Complex located in Minas Gerais, Brazil.In the fourth quarter of 2022, the Company progressed several priority diamond drill campaigns focused on high grade extensions of mineralization discovered earlier in 2022. The most recent exploration diamond drilling focused on high grade mineralization in the C Structure at Turmalina, follow-up step-out drilling at its Pontal South Discovery (press release dated September 6, 2022), and high-grade targets within the B Structure (press release dated June 04, 2019) also at shallow levels in the mine.Results from the drilling have been encouraging with continued high grades over mineable widths reported from various areas within the C and B Mineralized Structures including the identification of a new mineralized structure in the footwall of the C Structure.Step out drilling at the Pontal South Discovery has demonstrated continuity of high-grade mineralization to depth down plunge.At the Faina Growth Project, the Company completed approximately 15,359 meters (46 holes) of infill resource conversion drilling with the goal of converting the published Inferred Mineral Resource to an Indicated Mineral Resource. Infill drilling at Faina has confirmed the high-grade characteristics of this mineralization and continuity within the deposit. This drilling underpins the geological and grade model for this important growth project.The Company will publish updated Mineral Reserves and Mineral Resources with its AIF in March 2023.Highlights include (over an estimated true width):C- Structure Mineralization 11.56 g/t Au over 4.6m8.08 g/t Au over 6.8m22.87 g/t Au over 5.4mB- Structure Mineralization 11.58 g/t Au over 7.6m9.60 g/t Au over 6.2m13.54 g/t Au over 6.4mPontal South Explorati...

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