JAGR NEWS
Feb 17, 2010 06:30 ET
Jaguar Mining Completes Site Improvements at Cascaronal Mine Project
RICHMOND, TX--(Marketwire - February 17, 2010) - Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR) today announced the completion of road construction and other site improvements at its Cascaronal Mine. In addition, the company announced that dredging has begun at the Port of Manzanillo as part of a Euros 48 million-expansion project.
Dale Williams, President and CEO of Jaguar Mining, commented: "The completion of road construction and other infrastructure upgrades at our Cascaronal site are important achievements as we near production at the mine. The expansion of the Puerto de Manzanillo, one of Mexico's busiest ports, is a major boost for the area's mining industry as it will provide convenient access to the larger vessels used to transport iron ore and other minerals worldwide."
Dale Williams became the President and CEO of Jaguar Mining in March 2009. Mr. Williams is formerly the President of D.E. Contracting, a successful civil construction company he owned and operated for over 28 years in Houston, Texas. In 2006, Mr. Williams transferred his years of experience in the earth moving business to take advantage of opportunities in iron ore mining in Mexico.
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