~*~Mining and Metals Du Jour~*~

[Threw-er-back]

JAG - Jaquar Mining Inc.

Overview Location Map
Overview

Operations

• Turmalina

• Paciência

• Caeté Project

• Sabará

Exploration

• Iron Quadrangle

• Pedra Branca Project

Reserves & Resources
Jaguar's gold operations, development projects and exploration properties are located in the Iron Quadrangle region, near the city of Belo Horizonte in the state of Minas Gerais, Brazil. Belo Horizonte serves as the commercial center for Brazil's mining industry and has excellent infrastructure to support world-class mining operations.

Jaguar is currently producing gold at its Sabará, Turmalina and Paciência mines and processing facilities. Construction of the Caeté Project underground mine and plant is underway; commissioning is expected to begin during the third quarter of 2010.

The Iron Quadrangle is a prolific greenstone belt that has produced significant quantities of gold at competitive costs per ounce from open pit and large-scale underground mining operations for more than 300 years. However, it remains relatively under-explored compared to the other great greenstone belts around the world, with a relative absence of active junior mining and exploration companies. An encouraging fact about the Iron Quadrangle is the existence of multiple examples of gold resources running to depths exceeding 2,000 m, with similar widths and grades to those seen at shallower depths. This is important to Jaguar because the average depth of its resources is less than 400 m from surface. The bulk of these resources are open at depth and laterally, giving the potential for substantial discoveries

In addition to its activities in the Iron Quadrangle, Jaguar is conducting exploration at the Pedra Branca Project in the northeast of Brazil through a joint venture agreement with Xstrata.