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Operations | Turmalina | Maps & Photos |
Overview
Operations
• Turmalina
• Paciência
• Caeté
Development
• Gurupi Project
Exploration
• Iron Quadrangle
• Pedra Branca Project
Reserves & Resources
| Turmalina is an underground mine utilizing the "sublevel stoping" and the "cut and fill" mining methods with paste fill. Turmalina's CIP (carbon-in-pulp) plant is currently processing 1,800 tonnes per day of ore. Location The Turmalina mining complex is located 140 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 4,460,210 tonnes with an average grade of 3.87 grams per tonne containing 555,460 ounces of gold. Measured and Indicated Resources (include mineral reserves above) 5,884,810 tonnes with an average grade of 4.83 grams per tonne containing 914,310 ounces of gold. Inferred Resources 1,409,340 tonnes with an average grade of 5.50 grams per tonne containing 249,440 ounces of gold. 2010 Projected Annual Production 69,000 ounces of gold. Expansion Plan Jaguar's plan is to add tonnage from the multiple ore bodies identified at Turmalina through further development of these gold bearing structures and expand the existing processing plant. As all of 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 resource base. In addition, Jaguar has an active exploration program along strike at Turmalina where several additional mineralized zones are known to exist. |
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