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Re: None

Tuesday, 03/02/2010 3:44:23 PM

Tuesday, March 02, 2010 3:44:23 PM

Post# of 871
According with your request about of Jaguar Mining Enterprise Inc. I inform you that Jaguar Mining Enterprise Inc. is a junior company specializing in the exploitation of iron mines, and according to its website, has three mines: El Cascaronal, with 360 hectares in Jalisco, The Triangle with 200 hectares, Colima and Deysi with 400 ha in Colima .

And according to our researchers found the following active titles:

Claim Title Concessionary Surface

El Cascaronal 230052 J. Adolfo Jiménez Vargas 735.6732
El cascaronal 5 230782 J. Adolfo imenez Vargas 819
El Cascaronal 2 230041 J. Adolfo Jimenez Vargas 750.3929
La Guayabita 234350 J. Adolfo Jimenez Vargas 732.3706

Deysi 231730 Ignacio Gonzales Zamora 250
Oscar Jaime Ascencio Garcia

According with Registro Publico de Mineria (RPM), there is no evidence of transfer or contract of rights concessions with the company Jaguar Mining Enterprise Inc


Also was identified two procedures for assessing environmental impact statements, one from 2008 and another in 2009, both were completed (do not know the status) and the resolutions submitted for the petitioner and owner of the concessions,on the other hand ADOLFO JIMENEZ, appear in environmental impact study as a legal representative of CAMACHO RODRIGUEZ DANIEL , therefore we suggest you check it with the company and if they have a contract with company, it have to be register in RPM.

As regards environmental impact authorizations, is important company show you two originals and if so, you would be going to the Federal SEMARNAT Delegation in Jalisco, to talk with staff in the area of environmental impact determine if they are current in compliance with the terms of the two process and could be good to explain them about the process SEMARNAT-04-009, Notice of Change of Ownership of the environmental impact authorization in order to responsibility will be for company and not for individuals.


So, we know that Jaguar does not own the mine or the concession.
We do not know if the SEMARNAT permit is current. Yes, it was completed, but I don't see the official OK.
Does this mean JAGUAR is just a contractor and this is a way of boosting their share price? Or the whole company is just a scam?