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Old 02-18-2016, 03:55 AM   Nav to Top  #1
tank
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Eye JAGUAR MINING INC. (JAG:TSX-V)

Gold and silver prices up swing......

Jaguar Reports Fourth Quarter and Annual 2015 Gold Production, Releases Annual 2016 Guidance
01/19/2016 08:31 AM ET
TORONTO, Jan 19, 2016 (PR Newswire Europe via COMTEX News Network) -- TORONTO, January 19, 2016 /PRNewswire/ --
All dollar amounts are in thousands of U.S. dollars unless stated otherwise
Fourth Quarter 2015 ("Q4 2015") Highlights
- Consolidated gold production of 23,169 ounces up 3.4% compared to 22,456 ounces of
gold in the fourth Quarter 2014 ("Q4 2014")
- Average grade profile continues to improve with 216,000 tonnes processed at average
grade of 3.96 g/t compared to 258,000 tonnes at an average head grade of 3.02 g/t in
Q4 2014
- Turmalina gold production of 14,449 ounces, up 20%, compared to 12,067 ounces of gold
in Q4 2014, on increasing grade at 4.79 g/t and higher recovery at 91%
- Caete gold production of 8,720 ounces, compared to 10,389 ounces of gold in Q4 2014,
on higher grade of 2.59 g/t, significant improvement in recovery at 90%
Fiscal Year End 2015 Highlights
- Consolidated gold production of 90,421 ounces, compared to 92,057 ounces of gold
in 2014, on increasing average grade profile of 3.67 g/t and strong recovery of 90%
- Turmalina gold production of 50,659 ounces, up 5.6% compared to 47,968 ounces of gold
in 2014, on higher grade of 4.25 g/t and higher recovery at 91%
- Caete gold production of 39,762 ounces on higher grade of 2.92 g/t and strong recovery
of 89%
- Gold sales of 92,988 ounces up slightly compared to 92,264 ounces of gold in 2014
- Preliminary Cash and bullion at fiscal year end, December 31, 2015, approximately
$15.3 million
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