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Jazz Commences Assembly of 800 Tonne/Per Day Gravimetric Plant at the Vila Nova Gold Project, Amapa State, Brazil and Announces Grant of Stock Options
(TheNewswire) Vancouver, British Columbia, Canada – TheNewswire - Jazz...
About this update from Jzr Gold Inc.
[{"type":"text","content":"Jazz Commences Assembly of 800 Tonne/Per Day Gravimetric Plant at the Vila Nova Gold Project, Amapa State, Brazil and Announces Grant of Stock Options\n \n \n (TheNewswire)\n \n \n \n Vancouver, British Columbia, Canada\n–\n \n \n TheNewswire\n \n \n - Jazz Resources Inc.\n \n \n (the “\n \n \n Company\n \n \n ” or “\n \n \n JZR\n \n \n ”) (TSXV:JZR) is\npleased to announce the arrival of the team from Brastorno Tecnologia\nEm Equipamentos Para Mineracao (“\n \n \n Brastorno\n \n \n ”), a\nrespected Brazilian manufacturer of mining equipment, to assemble the\nGravimetric Plant at the Company’s Vila Nova Gold Project (the\n“\n \n \n Property\n \n \n ” or the “\n \n \n Vila\nNova Gold Project\n \n \n ”) located in the State of\nAmapa, Brazil.  The mill components are being shipped from\nBrastorno’s manufacturing facility in Belo-Horizonte, Brazil.\n \n \n \n \n Based on the encouraging results obtained to date, the\nCompany is moving forward with the bulk sampling facility,\nmanufactured by Brastorno, as recommended in the Company’s National\nInstrument 43-101 technical report prepared by Dr. Stewart A. Jackson\n(2021), which can be found on the Company’s SEDAR profile.\n \n \n \n \n Sampling conducted on the Vila Nova Gold Project\nindicates widespread encouraging gold values from extensive auguring\nand drilling of nine areas of major tailings and mine processing\nrejects on the Vila Nova Gold Project.  The total area sampled has\nbeen measured at 111.7 hectares.  Materials being tested have\naccumulated from 90 years of hand mining and processing and from\nsemi-mechanized tailings production for the last 25 years.\n Historical recoveries were generally poor with up to 70% of gold\nremaining in the waste materials.\n \n \n \n \n Sampling conducted on the Property to date has returned\nmultiple samples running as high as 10-50 grams per tonne over\nthicknesses averaging about 3 meters over the 111.7 hectares.\n Considerable variation in values to date will require many\nadditional test holes to establish an overall definitive grade and\ntonnage.  From work conducted to date an estimated exploration target\nof between 7.8 and 9.5 million tonnes grading between 2.4 to 3.0 grams\nper tonne can be est...