Business
Shareholder Q&A
Shareholder Q&A.
About this update from Jangada Mines Plc
[{"type":"text","content":"\n \nRNS Number : 0613D Jangada Mines PLC 14 February 2020 \n\nJangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining\n14 February 2020\nJangada Mines plc ('Jangada' or the 'Company')\nShareholder Q&A\n \nJangada Mines plc, a natural resources company, is pleased to publish a Q&A document addressing recently received questions from shareholders in line with its commitment to maintaining an open dialogue with shareholders. The questions and answers can be viewed below.\n \nQuestion: Following confirmation of the works schedule start, is it possible to share more details on the anticipated timelines of drill results utilising the XRF equipment? \nAnswer: As part of the process of preparing the drill core for sending to the independent laboratory for assaying, our team are sampling the core with a handheld XRF machine. The results of this analysis are used to guide decisions regarding the drilling programme. Jangada does not intend (or is required) to release the XRF results because they are generally not as accurate as the laboratory results. We are regularly sending core to the laboratory and we will release results as they come back from the laboratory.\n \nQuestion: In the recent interview with Sarah Lowther of TMS, there was a reference to two potential forward plans, one was to go into production and the other was to progress with an industry partner, have either of these options developed any further?\nAnswer: Many of the decisions regarding future development will be determined by the results of the drilling programme. Our first and foremost priority is that we identify the size and quality of the resource to a JORC standard (which will be done through the drilling programme). From there, the alternative courses of action can be considered in detail, and the best one selected.\n \nQuestion: The importance of the Logistics Study commented on in the November RNS may have been overlooked by investors. With this in mind, can you provide advice on the following points. In Brazil trial mining permits are often granted, is this the case for vanadium, titanium and iron? Can all three be extracted with such a single licence? And, is there a standard amount of ore such a trial licence would allow? What would the stages of a trial mining applicati...