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Category Archives: Jaguar Mining Inc

Jaguar Mining Expands Resource Potential at Turmalina and Pilar Mines, Brazil

Jaguar Mining Expands Resource Potential at Turmalina and Pilar Mines, Brazil
Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) today announced drill results from underground diamond drill hole programs conducted at Turmalina Gold Mine (“Turmalina”) and at Pilar Gold Mine (“Pilar”) both located in Minas Gerais, Brazil.  Drilling continues to confirm expanding resource potential with high-grade intersections from both mines, highlighting significant extensions at depth and laterally across the vertical extents of the mines. These drill campaigns were completed subsequent to the most recent Mineral Resources and Mineral Reserves (“MRMR”) update at Turmalina (as at December 31, 2019 – see press-release dated 20, April, 2020) and at Pilar (as at  May 30, 2020 – see press-release dated August 18, 2020). 
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Jaguar Mining Announces Strategic Option Agreement With IAMGOLD

Jaguar Mining Announces Strategic Option Agreement With IAMGOLD
Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) is pleased to announce that it has signed an option agreement (the “Iron QuadrangleAgreement”) with IAMGOLD Corporation (“IAMGOLD”) on a package of 28 exploration tenements (the “Package”) covering an area of some 27,141.75 Ha in the prolific Iron Quadrangle, located in Minas Gerais, Brazil (see figure 1).  The Iron Quadrangle Agreement stipulates that Jaguar has the option to earn an initial 60% interest in the Package by spending $6.0 million in exploration expenditures over four years commencing in the third quarter of 2020. Jaguar will be the project operator and will be subject to oversight by a technical committee with representatives from both companies.
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