Business
Corporate Video and Production Target Update
Corporate Video and Production Target Update.
About this update from Jangada Mines Plc
[{"type":"text","content":"\n \nRNS Number : 8575Z Jangada Mines PLC 20 December 2017 \n\nJangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining\n20 December 2017\n Jangada Mines plc ('Jangada' or the 'Company')\n \nCorporate Video and Production Target Update\n \nJangada Mines plc, a natural resources company developing South America's largest and most advanced platinum group metals project, is pleased to announce that it has published a corporate video in which Heinrich Müller, Chief Operating Officer, details the progress that has been made at its Pedra Branca Project in Brazil since its listing on AIM in June 2017 and its intention to, subject to securing further funding, commence first production of 35,000 ounces per annum within approximately 12 months and ultimately work towards increasing this to 100,000 ounces per annum in the longer term. \n \nThe video can be viewed on the Company's website via the following link: http://www.jangadamines.com/. \n \nThis announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014\n \n* ENDS *\n \nFor further information, please visit www.jangadamines.com or contact:\n \n\n\n\n\nJangada Mines plc\n\n\nE: [email protected] \n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited (Financial & Nominated Adviser)\nJames Spinney / Ritchie Balmer / Jack Botros\n\n\n T: +44 (0)20 7409 3494 \n\n\n\n\n\n\n\n\n\n\n\n\nBeaufort Securities (Broker)\nJon Belliss\n\n\nT: +44 (0)20 7382 8300\n\n\n\n\n\n\n\n\n\n\n\n\nSt Brides Partners LTD (Financial PR)\nHugo de Salis / Olivia Vita\n\n\nT: +44 (0)20 7236 1177\n\n\n\n\n \nNotes to the Editors\nJangada Mines plc (AIM: JAN) is focused on developing the Pedra Branca PGM Project ('the Project'), one of the largest undeveloped PGM projects outside of Africa, with the potential to supply a market in long-term deficit. The Project has a JORC (2012) Compliant Resource of approximately 1 million ounces of PGM+Au at a grade of 1.3 g/t, 109Mlbs of Ni, 23Mlbs of Cu, 6.4Mlbs of Co and 670kt of Cr. Circa 52% of this is contained within current three mining licences and is considered a low development risk due to...