TSX: JAG
TORONTO, Nov. 28, 2017 /CNW/ - Jaguar Mining Inc.
("Jaguar" or the "Company") (TSX: JAG) today announced initial
results from the first 18 underground drill holes (5,454m) from the
Company's Growth Exploration Program at Turmalina Gold Mine
("Turmalina") in Minas Gerais, Brazil, targeting the down-plunge continuity
of the principal mineralized Orebodies A and C (see press release
September 20, 2017). Results reported
are for the first 14 holes (4,368m) on Orebody A, as well as 4
holes (1,068m) on Orebody C, and represent approximately 50%
completion of an overall exploration program of 11,355m. Three
diamond drill rigs are currently focused on completing the
remaining 50% of this program. Further results will be released
over the coming months with an upgraded mineral resource expected
to be published during 2018.
Highlights and Key Intercepts
- Drilling results include multiple intercepts with wide and
high-grade mineralization and confirm significant depth extensions
to principal Orebodies A and C that remain open for expansion.
- Orebody A key intercepts: 17.72g/t Au over 13.7m (ETW 10.2m)
including 40.81g/t over 5.2m (ETW 3.87m), 4.46g/t Au over
19.05m (ETW 11m) including 16.37g/t Au over 2.2m (ETW 1.27m)
and 6.39g/t Au over 5.65m (ETW 5m) (see Table 1 and Appendix
1).
- Orebody C key intercepts: 29.15g/t Au over 1.75m (ETW
1.65m), 3.51g/t Au over 4.10m (ETW 3.95m) and 4.57g/t
Au over 3.85m (ETW 3.46m), which is the deepest intercept on
this orebody to-date close to level 9, or 300 m below current
operational infrastructure on level 3. (see Table 2 and Appendix
2).
- Orebody A drill results demonstrate continuity of high-grade
gold mineralization to below level 15 approximately 300m below the
current deepest operations on level 11.
- Deepest intercept reported to date is on level 16 with
3.80g/t Au over 11.05m (ETW 4.30m) including 5.25g/t Au
over 3.55m (ETW 1.38m).
- The downward extension of Orebody C is ideally positioned
approximately 250 meters away from the principal ramp
infrastructure of Orebody A (see Figures 2 and 3).
Definitions: ETW – estimated true
width g/t Au – grams per tonne
gold m – metres
Rodney Lamond, President and
Chief Executive Officer, Jaguar Mining commented "We are very
pleased to announce these positive results and the successful start
of our growth exploration drilling program at Turmalina. Drilling
from the first 18 holes focused on targeting down-plunge extensions
to the high-grade Orebody A at depth, while also targeting
extensions of Orebody C at shallower depths. These results confirm
significant wide, high-grade gold mineralization within the primary
orebodies at Turmalina. The multiple high-grade intercepts validate
the geological model and confirm significant upside potential to
grow the resource base at Turmalina. To date in 2017, we have
successfully completed more than 20,000 meters of a targeted
diamond drilling exploration and growth program across of our core
assets. Our priority was to focus on upgrading and converting our
resources and on growth drilling to increase and add new resources.
We look forward to reporting updated mineral resources and mineral
reserves in early 2018 that will reflect the excellent results we
have achieved throughout this year."
Growth Exploration Program Key Highlights
- Drilling completed to date has successfully intersected both
Orebody A and Orebody C between Levels 11 to 15 and levels 5 to 9
respectively.
- Results from initial step out holes on Orebody A include
several wide, high-grade gold intercepts representing the thickened
central portion of Orebody A, as well as quality intercepts from
contiguous narrower parts of the Orebody A structure. In addition,
the first four holes targeting depth extensions to Orebody C have
demonstrated orebody continuity to level 9, approximately 300m
below the current operational infrastructure on level 3. These
positive results validate the projected mineralization plunge and
grade envelopes well beyond current mine production infrastructure
on both principal orebodies.
- Importantly, these intercepts were achieved from both targets
in their respective predicted down-plunge projected positions up to
300m below current operational infrastructure and resource limits,
and at grades and thicknesses consistent with historical production
and resource grades. Grade, tonnage and ounces-per-vertical-metre
are expected to be maintained at historical levels (see Figures 1,
2, 3 and 4).
- Intercept widths and grades vary, as expected, according to the
location of the pierce points along the targeted structures that
host Orebody A. The wider, higher-grade zones reflect a drill
intersection cutting an area where the separate host shear
structures that define this orebody merge. This consistent, wide,
high-grade zone extends some 40m along strike, can attain widths in
excess of 12m and has a plunge of 50 degrees to the northeast. This
wider zone (payshoot) is reflected above 30 GT (grade x thickness)
on the GT plot (see Figure 1).
- Narrower intersections with more variable grades occur where
pierce points are intersecting either one or two of the host
shears, which may be separated by low grade mineralization or waste
where these segments of the overall mineralized structure are
manifested as distinct separate structures (see Figures 1 and
2).
- Growth exploration drilling is initially targeting the
down-plunge depth extensions to higher grades associated with the
narrower southeast and thicker central portions of Orebody C
identified for the first time earlier in 2017 (see press release
February 8, 2017). Production
development and infill drilling completed this year centred on
levels 3 and 4 confirmed and enhanced the drilled widths and grades
on these levels.
- To guide the growth exploration drilling, intersections from
infill and production—grade control drilling conducted by Jaguar
during 2017 were used to prepare grade thickness models in
conjunction with initial structural work to project this orebody to
depth down plunge 300m vertically below level 3. The intercepts
used to prepare the grade thickness plots on Figure4 are tabulated
in Appendix 3.
Jon Hill, Senior Expert Advisor
(Geology and Exploration) to the Jaguar Mining Management Committee
commented: "Today's excellent results demonstrate material
extensions to both principal Orebodies A and C, clearly underpin
the long-term future of Turmalina, and support the value of
sustained investment in exploration. The results from Orebody C are
particularly encouraging as only four holes have been completed to
date, and these have sampled a relatively small portion of the
known potential strike length of the mineralized horizon as
observed closer to surface. We continue to explore this horizon
going forward."
Drill Results and Intercepts –Turmalina
Drill results reported below and in Appendices 1 and 2 provide
the potential to add substantial new mineral resources at Turmalina
and include the following key intercepts:
Orebody A
- FTS1434 intercepted 4.71g/t Au over 9.80m (ETW 8.5m)
- FTS1435 intercepted 6.39g/t Au over 5.65m (ETW 5.0m)
- FTS1436 intercepted 5.27g/t Au over 6.75m (ETW 6.11m)
- FTS1440 intercepted 17.72g/t Au over 13.70m (ETW 10.2m)
-
- (Including 40.81g/t Au over 5.2m (ETW 3.87m)
- FTS1444 intercepted 4.46g/t Au over 19.05m (ETW 11.2m)
-
- (Including 16.37g/t over 2.2m (ETW 1.27m)
Orebody C
- FTS1470 intercepted 1.38g/t Au over 3.85m (ETW 3.85m)
- FTS1471 intercepted 3.51g/t Au over 4.10m (ETW 3.95m)
- FTS1472 intercepted 29.15g/t Au over 1.75m (ETW 1.65m)
- FTS1473 intercepted 4.57g/t Au over 3.85m (ETW 3.46m)
-
- (Including 7.75g/t over 2.1m (ETW 1.89m)
Please see Tables 1 and 2, Figures 1, 2, 3 and 4, and Appendices
1 and 2 for more details.
- Drilling is being undertaken from a hanging wall development
drive specifically prepared and completed for this program on Level
10-1. Drilling targeting Orebody A is designed to intersect this
orebody between Levels 12 to 16, up to 300m vertically below the
current development (see Figures 1 and 2).
- At shallower levels, drilling is targeting projected
down-plunge extensions to Orebody C, which, once confirmed, will
allow access for mining from existing infrastructure between Levels
4 and 10 (see Figures 3 and 4).
- Regular updates on progress with results will be released over
the coming months prior to reporting updated Mineral Resources in
2018.
Qualified Person
Scientific and technical information contained in this press
release has been reviewed and approved by Jonathan Victor Hill, BSc (Hons) (Economic
Geology - UCT), Senior Expert Advisor Geology and Exploration to
the Jaguar Mining Management Committee, who is also an employee of
Jaguar Mining Inc., and is a "qualified person" as defined by
National Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101").
Quality Control
Jaguar continues to use a quality-control program that includes
insertion of blanks and commercial standards in order to ensure
best practice in sampling and analysis.
HQ, NQ, and BQ size drill core is sawn in half with a diamond
saw. Samples are selected for analysis in standard intervals
according to geological characteristics such as lithology and
hydrothermal alteration. All diamond drill hole collars are
accurately surveyed using a Total Station instrument and down-hole
deviations are surveyed using non-magnetic equipment (SPT Stockholm
Precision Tools with GyroMaster™ Solid State North Seeker).
Mean grades are calculated using a variable lower grade cut-off
(generally 0.5 g/t Au). No upper gold grade cut has been applied to
the data. However, the requirement for assay top cutting will be
assessed during future resource work.
Half of the sawed sample is forwarded to the analytical
laboratory for analysis while the remaining half of the core is
stored in a secure location. The drill core samples are transported
in securely sealed bags and sent for physical preparation to the
independent ALS Brasil (subsidiary of ALS Global) laboratory
located in Vespasiano, Minas Gerais, Brazil. The analysis is conducted at ALS
Global's respective facilities (fire assay are conducted by ALS
Global in Lima, Peru, and
multi-elementary analysis are conducted by ALS Global in
Vancouver, Canada). ALS has
accreditation in a global management system that meets all
requirements of international standards ISO/IEC 17025:2005 and ISO
9001:2015. All major ALS geochemistry analytical laboratories are
accredited to ISO/IEC 17025:2005 for specific analytical
procedures.
For a complete description of Jaguar's sample preparation,
analytical methods and QA/QC procedures, please refer to the
"Technical Report on the Roça Grande and Pilar Operations, Minas
Gerais State, Brazil", a copy
of which is available on the Company's SEDAR profile at
www.sedar.com.
The Iron Quadrangle
The Iron Quadrangle has been an area of mineral exploration
dating back to the 16th century. The discovery in 1699-1701 of gold
contaminated with iron and platinum-group metals in the
southeastern corner of the Iron Quadrangle gave rise to the name of
the town Ouro Preto (Black Gold).
The Iron Quadrangle contains world-class multi-million-ounce gold
deposits such as Morro Velho, Cuiabá, and São Bento. Jaguar holds
the second largest gold land position in the Iron Quadrangle with
just over 25,000 hectares.
About Jaguar Mining Inc.
Jaguar Mining Inc. is a Canadian-listed junior gold mining,
development, and exploration company operating in Brazil with three gold mining complexes, and a
large land package with significant upside exploration potential
from mineral claims covering an area of approximately 64,000
hectares. The Company's principal operating assets are located in
the Iron Quadrangle, a prolific greenstone belt in the state of
Minas Gerais and include the Turmalina Gold Mine Complex and Caeté
Gold Mine Complex. The Company also owns the Paciência Gold Mine
Complex, which has been on care and maintenance since 2012.
Additional information is available on the Company's website at
www.jaguarmining.com.
Forward-Looking Statements
Certain statements in this news release constitute
"forward-looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking statements and
information are provided for the purpose of providing information
about management's expectations and plans relating to the future.
All of the forward-looking information set forth in this news
release is qualified by the cautionary statements below and those
made in our other filings with the securities regulators in
Canada. Forward-looking
information contained in forward-looking statements can be
identified by the use of words such as "are expected", "is
forecast", "is targeted," "approximately," "plans," "anticipates,"
"projects," "continue," "estimate," "believe," or variations of
such words and phrases or statements that certain actions, events
or results "may," "could," "would," "might," or "will" be taken,
occur or be achieved. All statements, other than statements of
historical fact, may be considered to be or include forward-looking
information. These forward-looking statements are made as of the
date of this news release and the dates of technical reports, as
applicable. This news release contains forward-looking information
regarding potential and, among other things, expected future
mineral resources, potential mineral production opportunities,
geological and mineral exploration statistics, ore grades, current
and expected future assay results, and
definition/delineation/exploration drilling at the Pilar Gold Mine
and the Turmalina Gold Mine in Brazil, as well as forward-looking information
regarding costs of production, capital expenditures, costs and
timing of the development of projects and new deposits, success of
exploration, development and mining activities, capital
requirements, project studies, mine life extensions, and continuous
improvement initiatives. The Company has made numerous assumptions
with respect to forward-looking information contained herein,
including, among other things, assumptions about the estimated
timeline and for the development of the drill program at the Pilar
Gold Mine (and its expanded exploration footprint) and the
Turmalina Gold Mine; its mineral properties; the supply and demand
for, and the level and volatility of the price of, gold; the
accuracy of reserve and resource estimates and the assumptions on
which the reserve and resource estimates are based; the receipt of
necessary permits; market competition; ongoing relations with
employees and impacted communities; and political and legal
developments in any jurisdiction in which the Company operates
being consistent with its current expectations including, without
limitation, the impact of any potential power rationing, tailings
facility regulation, exploration and mine operating licenses and
permits being obtained and renewed and/or there being adverse
amendments to mining or other laws in Brazil and any changes to general business and
economic conditions. Forward-looking information involves a number
of known and unknown risks and uncertainties, including among
others: the risk of Jaguar not meeting its plans regarding its
operations and financial performance; uncertainties with respect to
the price of gold, labor disruptions, mechanical failures, increase
in costs, environmental compliance and change in environmental
legislation and regulation, weather delays and increased costs or
production delays due to natural disasters, power disruptions,
procurement and delivery of parts and supplies to the operations;
uncertainties inherent to capital markets in general (including the
sometimes volatile valuation of securities and an uncertain ability
to raise new capital) and other risks inherent to the gold
exploration, development and production industry, which, if
incorrect, may cause actual results to differ materially from those
anticipated by the Company and described herein. In addition, there
are risks and hazards associated with the business of gold
exploration, development, mining and production, including without
limitation environmental hazards, tailings dam failures, industrial
accidents and workplace safety problems, unusual or unexpected
geological formations, pressures, cave-ins, flooding, chemical
spills, and gold bullion thefts and losses (and the risk of
inadequate insurance, or the inability to obtain insurance, to
cover these risks). Although we have attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking information.
Table 1
Tabulation of selected drilling results with Grade x Thickness
(GT) values greater than 10 from Orebody A Growth Exploration
Program. Full results reported to date are tabulated in Appendices
1 and 2.
Please note assay results reported were analyzed at ALS.
Turmalina Gold
Mine
Drill Results – Orebody A
|
Hole
ID
|
From
(m)
|
To
(m)
|
DownHole
Interval (m)
|
Estimated True
Width (m)
|
Gold Grade
(g/t)
|
GT
(Grade x
Thickness)
|
FTS1430
|
295.15
|
299.25
|
4.10
|
2.11
|
5.82
|
12.29
|
FTS1434
|
235.9
|
245.7
|
9.80
|
8.50
|
4.71
|
40.02
|
Including
|
243.6
|
245.7
|
2.10
|
1.82
|
9.25
|
16.85
|
FTS1435
|
234.75
|
240.4
|
5.65
|
5.00
|
6.39
|
31.94
|
Including
|
234.75
|
237.25
|
2.50
|
2.21
|
12.98
|
28.72
|
FTS1436
|
245.05
|
251.8
|
6.75
|
6.11
|
5.27
|
32.23
|
Including
|
249.55
|
250.75
|
1.20
|
1.09
|
15.55
|
16.89
|
FTS1437
|
279.95
|
281.95
|
2.00
|
1.40
|
14.82
|
20.75
|
299.05
|
302.7
|
3.65
|
2.58
|
79.27
|
204.19
|
Including
|
301.4
|
302.7
|
1.10
|
0.78
|
254.00
|
197.18
|
FTS1437
|
350.1
|
352.2
|
2.10
|
1.48
|
11.96
|
17.72
|
FTS1440
|
156.85
|
170.55
|
13.70
|
10.20
|
17.72
|
180.76
|
Including
|
156.85
|
162.05
|
5.20
|
3.87
|
40.81
|
158.00
|
Including
|
156.85
|
159.2
|
2.35
|
1.75
|
49.56
|
86.72
|
Including
|
160.25
|
162.05
|
1.80
|
1.35
|
51.14
|
69.05
|
FTS1444
|
256.2
|
275.25
|
19.05
|
11.00
|
4.46
|
49.06
|
Including
|
257.35
|
259.55
|
2.20
|
1.27
|
16.37
|
20.79
|
Including
|
270.8
|
271.9
|
1.10
|
0.64
|
16.95
|
10.77
|
FTS1445
|
434.9
|
445.95
|
11.05
|
4.30
|
3.80
|
16.34
|
Table 2
Tabulation of drilling results received to date from the Orebody
C Growth Exploration Program.
Please note assay results reported were analyzed at ALS.
Turmalina Gold
Mine
Drill Results – Orebody C
|
Hole
ID
|
From
(m)
|
To
(m)
|
DownHole
Interval (m)
|
Estimated True
Width (m)
|
Gold Grade
(g/t)
|
GT
(Grade x
Thickness)
|
FTS1470
|
212.9
|
216.75
|
3.85
|
3.85
|
1.38
|
5.33
|
223.4
|
224.55
|
1.15
|
1.15
|
2.58
|
2.97
|
FTS1471
|
41.6
|
45.7
|
4.10
|
3.95
|
3.51
|
13.86
|
Including
|
43.5
|
44.65
|
1.15
|
1.11
|
6.33
|
7.01
|
FTS1471
|
211.8
|
214.85
|
3.05
|
2.90
|
2.30
|
6.66
|
244.75
|
248.1
|
3.35
|
3.11
|
2.47
|
7.69
|
Including
|
245.8
|
246.95
|
1.15
|
1.07
|
4.07
|
4.35
|
FTS1472
|
29.15
|
30.95
|
1.80
|
1.61
|
2.18
|
3.51
|
170.95
|
173.05
|
2.10
|
1.90
|
4.39
|
8.34
|
FTS1472
|
198.05
|
199.8
|
1.75
|
1.65
|
29.15
|
48.10
|
Including
|
198.05
|
198.90
|
0.85
|
0.80
|
39.90
|
31.98
|
FTS1473
|
237
|
240.85
|
3.85
|
3.46
|
4.57
|
15.82
|
Including
|
237.8
|
239.9
|
2.10
|
1.89
|
7.75
|
14.66
|
Figure 1
Figure 1 shows the location of growth exploration diamond drill
holes reported to date relative to the current mine infrastructure
and the projected down-plunge position of Orebody A. The ongoing
program is targeting mineralization between Levels 11 to 16 on
Orebody A up to 300m vertically below current development. Grade
thickness (GT) contours based on drilling results received to date
and representative horizontal sections showing the positions of
reported drill intersections relative to the projected orebody
wireframe positions are also presented (see Figure 2).
Figure 2
Figure 2 shows representative horizontal sections on levels 10,
12 and 15, highlighting the positions of reported drill
intersections relative to the projected Orebody A wireframe
positions.
Figure 3
Figure 3 shows the location of growth exploration diamond drill
holes reported relative to the current mine infrastructure and the
projected down-plunge position of Orebody C. The program targeted
mineralization between Levels 5 to9 on Orebody Cup to 300m
vertically below current development. Grade thickness (GT) contours
are based on drilling results received to date as well as
historical drilling from operational areas on levels 3 and 4.
Horizontal sections showing the positions of reported drill
intersections relative to the projected orebody wireframe positions
are presented in Figure 4 and Appendices 3 and 4.
Figure 4
Figure 4 shows representative horizontal sections on levels 4, 5
and 9, highlighting the positions of reported drill intersections
relative to the projected Orebody C wireframe positions. For
further details on level 4, see Appendix 4.
Appendix 1
Orebody A Consolidated Drill Results - Please note assay results
reported were analyzed at ALS.
Turmalina Gold
Mine
Drill Results
|
Hole
ID
|
From
(m)
|
To
(m)
|
Down Hole
Interval (m)
|
Estimated True
Width (m)
|
Gold
Grade (g/t)
|
GT
(Grade x
Thickness)
|
FTS1430
|
195
|
198.25
|
3.25
|
1.62
|
2.91
|
4.71
|
224.4
|
225.85
|
1.45
|
0.72
|
13.13
|
9.45
|
259.8
|
261.7
|
1.90
|
0.95
|
2.03
|
1.92
|
295.15
|
299.25
|
4.10
|
2.11
|
5.82
|
12.29
|
FTS1431
|
184.05
|
185
|
0.95
|
0.60
|
3.92
|
2.35
|
FTS1432
|
166.85
|
170.65
|
3.80
|
2.95
|
2.61
|
7.70
|
FTS1433
|
202.5
|
204.6
|
2.10
|
1.95
|
1.48
|
2.89
|
FTS1434
|
235.9
|
245.7
|
9.80
|
8.50
|
4.71
|
40.02
|
Including
|
243.6
|
245.7
|
2.10
|
1.82
|
9.25
|
16.85
|
FTS1435
|
234.75
|
240.4
|
5.65
|
5.00
|
6.39
|
31.94
|
Including
|
234.75
|
237.25
|
2.50
|
2.21
|
12.98
|
28.72
|
FTS1435
|
244.1
|
246.55
|
2.45
|
2.10
|
2.46
|
5.17
|
FTS1436
|
237.1
|
239.35
|
2.25
|
1.20
|
4.24
|
5.09
|
245.05
|
251.8
|
6.75
|
6.11
|
5.27
|
32.23
|
Including
|
249.55
|
250.75
|
1.20
|
1.09
|
15.55
|
16.89
|
FTS1437
|
279.95
|
281.95
|
2.00
|
1.40
|
14.82
|
20.75
|
286.6
|
290.1
|
3.50
|
2.47
|
1.48
|
3.66
|
299.05
|
302.7
|
3.65
|
2.58
|
79.27
|
204.19
|
Including
|
301.4
|
302.7
|
1.10
|
0.78
|
254.00
|
197.18
|
FTS1437
|
313.15
|
316.7
|
3.55
|
2.51
|
2.23
|
5.58
|
350.1
|
352.2
|
2.10
|
1.48
|
11.96
|
17.72
|
FTS1440
|
156.85
|
170.55
|
13.70
|
10.20
|
17.72
|
180.76
|
Including
|
156.85
|
162.05
|
5.20
|
3.87
|
40.81
|
158.00
|
Including
|
156.85
|
159.2
|
2.35
|
1.75
|
49.56
|
86.72
|
Including
|
160.25
|
162.05
|
1.80
|
1.35
|
51.14
|
69.05
|
FTS1441
|
275.75
|
278.4
|
Intercept Granite
(DDH length 275m) around elevation -300m
(bottom level 13) in
SE region
|
FTS1442
|
185.00
|
203.8
|
Intercept Granite
(DDH length 185m) around elevation -200m
(middle of level 12)
in SE region
|
FTS1443
|
386.85
|
387.85
|
1.00
|
1.00
|
1.45
|
1.45
|
FTS1444
|
256.2
|
275.25
|
19.05
|
11.00
|
4.46
|
49.06
|
Including
|
257.35
|
259.55
|
2.20
|
1.27
|
16.37
|
20.79
|
Including
|
270.8
|
271.9
|
1.10
|
0.64
|
16.95
|
10.77
|
FTS1445
|
434.9
|
445.95
|
11.05
|
4.30
|
3.80
|
16.34
|
Including
|
436.8
|
440.35
|
3.55
|
1.38
|
5.25
|
7.25
|
Including
|
442.7
|
445.95
|
3.25
|
1.26
|
5.22
|
6.60
|
Appendix 2
Orebody C Consolidated Drill Results - Please note assay results
reported were analyzed at ALS.
Turmalina Gold
Mine
Drill Results
|
Hole
ID
|
From
(m)
|
To
(m)
|
Down Hole
Interval (m)
|
Estimated True
Width (m)
|
Gold
Grade (g/t)
|
GT
(Grade x
Thickness)
|
FTS1470
|
212.9
|
216.75
|
3.85
|
3.85
|
1.38
|
5.33
|
223.4
|
224.55
|
1.15
|
1.15
|
2.58
|
2.97
|
FTS1471
|
41.6
|
45.7
|
4.10
|
3.95
|
3.51
|
13.86
|
Including
|
43.5
|
44.65
|
1.15
|
1.11
|
6.33
|
7.01
|
FTS1471
|
211.8
|
214.85
|
3.05
|
2.90
|
2.30
|
6.66
|
244.75
|
248.1
|
3.35
|
3.11
|
2.47
|
7.69
|
Including
|
245.8
|
246.95
|
1.15
|
1.07
|
4.07
|
4.35
|
FTS1472
|
29.15
|
30.95
|
1.80
|
1.61
|
2.18
|
3.51
|
170.95
|
173.05
|
2.10
|
1.90
|
4.39
|
8.34
|
FTS1472
|
198.05
|
199.8
|
1.75
|
1.65
|
29.15
|
48.10
|
Including
|
198.05
|
198.90
|
0.85
|
0.80
|
39.90
|
31.98
|
FTS1473
|
237
|
240.85
|
3.85
|
3.46
|
4.57
|
15.82
|
Including
|
237.8
|
239.9
|
2.10
|
1.89
|
7.75
|
14.66
|
Appendix 3
Tabulation of drill hole location data for the initial 18 holes
from the Turmalina Growth Exploration Program
Hole
ID
|
Easting
(m)
|
Northing
(m)
|
Elevation
(m)
|
Total
Depth
(m)
|
Collar
Azimuth (°)
|
Collar
Dip (°)
|
Date
|
Orebody
|
FTS1430
|
513603.52
|
7817443.21
|
-70.06
|
311.70
|
93.62
|
-63.16
|
3/8/2017
|
Orebody A
|
FTS1431
|
513600.15
|
7817443.12
|
-70.06
|
240.15
|
265.00
|
-73.39
|
14/08/2017
|
Orebody A
|
FTS1432
|
513602.85
|
7817442.29
|
-70.14
|
208.15
|
131.55
|
-80.57
|
24/08/2017
|
Orebody A
|
FTS1433
|
513601.42
|
7817444.75
|
-70.07
|
251.95
|
322.90
|
-87.17
|
11/9/2017
|
Orebody A
|
FTS1434
|
513603.26
|
7817443.82
|
-70.04
|
305.60
|
70.56
|
-73.40
|
27/09/2017
|
Orebody A
|
FTS1435
|
513603.28
|
7817443.46
|
-69.96
|
290.00
|
85.35
|
-72.52
|
25/09/2017
|
Orebody A
|
FTS1436
|
513603.49
|
7817443.50
|
-70.14
|
329.85
|
83.31
|
-67.39
|
17/10/2017
|
Orebody A
|
FTS1437
|
513603.59
|
7817443.65
|
-70.13
|
413.90
|
79.94
|
-62.27
|
31/10/2017
|
Orebody A
|
FTS1440
|
513627.40
|
7817435.93
|
-69.56
|
250.00
|
115.79
|
-71.91
|
16/08/2017
|
Orebody A
|
FTS1441
|
513627.66
|
7817436.54
|
-69.39
|
278.40
|
92.61
|
-58.42
|
30/08/2017
|
Orebody A
|
FTS1442
|
513628.14
|
7817436.44
|
-69.50
|
203.80
|
95.71
|
-46.01
|
14/09/2017
|
Orebody A
|
FTS1443
|
513627.41
|
7817437.39
|
-69.58
|
433.00
|
60.18
|
-62.75
|
4/10/2017
|
Orebody A
|
FTS1444
|
513627.28
|
7817437.44
|
-69.56
|
347.60
|
60.81
|
-72.94
|
10/10/2017
|
Orebody A
|
FTS1445
|
513627.24
|
7817437.92
|
-69.61
|
503.85
|
46.10
|
-63.98
|
31/10/2017
|
Orebody A
|
FTS1470
|
513130.88
|
7817114.31
|
342.24
|
254.55
|
218.50
|
14.20
|
6/9/2017
|
Orebody C
|
FTS1471
|
513130.78
|
7817114.86
|
341.99
|
278.45
|
244.03
|
8.27
|
19/09/2017
|
Orebody C
|
FTS1472
|
513130.66
|
7817114.80
|
341.01
|
242.35
|
244.03
|
-13.47
|
29/09/2017
|
Orebody C
|
FTS1473
|
513305.42
|
7817190.51
|
65.30
|
311.25
|
250.03
|
14.52
|
19/10/2017
|
Orebody C
|
Appendix 4
Turmalina Historical Drill Hole Data used to prepare grade
thickness (GT) plots for Orebody C presented in Figures 1, 2, 3,
and 4
Please note assay results reported in the tabulation below were
analyzed at Jaguar's Caeté Laboratory.
Turmalina Gold
Mine Orebody C interceptions by Jaguar's Laboratory
Results 2017
|
Hole
ID
|
From (m)
|
To (m)
|
Down Hole
Interval (m)
|
Estimated True
Width (m)
|
Gold Grade
(g/t)
|
GT (Grade x
Thickness)
|
FTS1326
|
134.52
|
151.08
|
16.56
|
15.80
|
2.89
|
45.66
|
Including
|
147.26
|
151.08
|
3.82
|
3.60
|
9.27
|
33.37
|
FTS1337
|
145.03
|
153.69
|
8.66
|
8.66
|
0.88
|
7.60
|
FTS1338
|
133.13
|
143.4
|
10.27
|
10.10
|
3.93
|
39.70
|
Including
|
133.13
|
135.96
|
2.83
|
2.70
|
7.04
|
19.01
|
FTS1339
|
153.3
|
164.76
|
11.46
|
9.60
|
2.14
|
20.55
|
FTS1340
|
136.65
|
157.5
|
20.85
|
18.20
|
1.61
|
29.30
|
FTS1341
|
140.79
|
147.2
|
6.41
|
5.90
|
2.96
|
17.47
|
FTS1343
|
148.9
|
154.56
|
5.66
|
4.10
|
0.87
|
3.56
|
FTS1355
|
132.1
|
147.37
|
15.27
|
14.90
|
3.65
|
54.35
|
Including
|
140.32
|
146.45
|
6.13
|
6.00
|
6.39
|
38.34
|
FTS1356
|
124.75
|
140.13
|
15.38
|
14.10
|
2.26
|
31.85
|
FTS1357
|
125.98
|
135.63
|
9.65
|
9.50
|
3.17
|
30.15
|
FTS1358
|
121.59
|
135.38
|
13.79
|
13.70
|
2.92
|
39.96
|
FTS1369
|
140.08
|
155.27
|
15.19
|
14.50
|
3.40
|
49.30
|
FTS1370
|
131.87
|
141.4
|
9.53
|
9.10
|
6.78
|
61.69
|
FTS1371
|
147.57
|
157.28
|
9.71
|
7.30
|
1.52
|
11.06
|
FTS1372
|
156.26
|
168.59
|
12.33
|
5.60
|
3.41
|
19.11
|
Appendix 5
Grade thickness (GT) plots for Orebody C presented in Figures 1,
2, 3 and 4
Please note assay results reported were analyzed at Jaguar´s
Internal Caeté Laboratory.
SOURCE Jaguar Mining Inc.