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Operations | Overview | Location Map |
Overview
Operations
• Turmalina
• Paciência
• Caeté
Development
• Gurupi Project
Exploration
• Iron Quadrangle
• Pedra Branca Project
Reserves & Resources
| Jaguar's gold operations 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 Turmalina and Paciência operations and expects commercial production at Caeté to take place during the fourth quarter of 2010. The Iron Quadrangle, where Jaguar controls 93,000 acres, 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 has also plans to develop the Gurupi Project in the state of Maranhão, where it controls 293,000 acres. Through a joint venture with Xstrata, Jaguar is also engaged in gold exploration at a greenfield site in the state of Ceará covering 182,000 acres, the Pedra Branca Project. |
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