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Operations | Paciência | Maps & Photos |
Overview
Operations
• Turmalina
• Paciência
• Caeté Project
• Sabará
Exploration
• Iron Quadrangle
• Pedra Branca Project
Reserves & Resources
| Paciência is an underground mine utilizing the "cut and fill" mining method and a treated tailings backfill system. Ore from Paciência is transported to Jaguar's new 1,800 tonnes per day CIP (carbon-in-pulp) plant, which is currently under commissioning. Location The Paciência mining complex is located 50 km northwest of Belo Horizonte by paved road. Belo Horizonte is a city of over 4 million people and considered to be the mining capital of Brazil. Proven and Probable Reserves 2,713,900 tonnes with an average grade of 4.52 grams per tonne containing 394,450 ounces of gold to an average depth of 200 meters. Measured and Indicated Resources (include mineral reserves above) 5,782,400 tonnes with an average grade of 4.43 grams per tonne containing 824,300 ounces of gold. Inferred Resources 920,700 tonnes with an average grade of 5.20 grams per tonne containing 153,960 ounces of gold. Projected Annual Production 25,000 to 30,000 ounces of gold in 2008 rising to approximately 275,000 ounces of gold in 2014. Expansion Plan Jaguar's plan is to add tonnage from the multiple mineralized zones identified at Paciência along its 20-km concession base where historical surface mining by the Portuguese in the 18th century is clearly visible. Jaguar is presently drilling along strike and intends to develop these gold bearing structures to expand the existing processing plant to reach annual production of over 250,000 ounces by 2014. As the existing structures are open at depth, Jaguar's management believes additional resources will support operations at this level for many years beyond the current measured resource base. In addition, Jaguar has an active exploration program on several targets in close proximity to Paciência where additional mineralized zones are known to exist. |
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