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Jaguar Mining Intercepts High Grade Gold Mineralization Including Visible Gold at Pilar
Sep. 20, 2017 09:26AM PST
Precious MetalsJaguar Mining Inc. (“Jaguar” or the “Company”) (TSX: JAG) today announced further positive results from three deep drill holes (1,348 m) as part of its growth exploration program targeting the down-plunge continuity of the principal mineralized Banded Iron Formation Orebodies at Pilar Gold Mine (“Pilar”) in Minas Gerais, Brazil (see August 16th, 2017 press release). As quoted in the …
Jaguar Mining Inc. (“Jaguar” or the “Company”) (TSX: JAG) today announced further positive results from three deep drill holes (1,348 m) as part of its growth exploration program targeting the down-plunge continuity of the principal mineralized Banded Iron Formation Orebodies at Pilar Gold Mine (“Pilar”) in Minas Gerais, Brazil (see August 16th, 2017 press release).
As quoted in the press release:
Rod Lamond, President and Chief Executive Officer, Jaguar Mining commented: “These additional drill results continue to expand the overall size of the high-grade Banded Iron Formation Orebodies at Pilar and confirm the down-plunge continuity of high-grade mineralized structures well beyond current mine plans. The fact we are intersecting impressive visible gold mineralization with increasing grade and thickness at depth supports our view there is strong potential to add significant new resources and extend mine life at Pilar. Today’s results are extremely encouraging and we are becoming increasingly confident in the resource upside of Pilar, which could rival Turmalina, and the mine’s ability to have a very positive impact on the Company’s future.”
