-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IJmDZuiY62ZFr0c4Cmo6rpdRpVa0vlJ9174+60To64zf+L7jSsvYWZuVNLws9ar0 nZhVQ4+IFko5GPn8psVH4A== 0001279569-08-000449.txt : 20080409 0001279569-08-000449.hdr.sgml : 20080409 20080409082808 ACCESSION NUMBER: 0001279569-08-000449 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080408 FILED AS OF DATE: 20080409 DATE AS OF CHANGE: 20080409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Jaguar Mining Inc CENTRAL INDEX KEY: 0001333849 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 980396253 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33548 FILM NUMBER: 08746588 BUSINESS ADDRESS: STREET 1: 125 NORTH STATE STREET CITY: CONCORD STATE: NH ZIP: 03301 BUSINESS PHONE: 603-224-4800 MAIL ADDRESS: STREET 1: 125 NORTH STATE STREET CITY: CONCORD STATE: NH ZIP: 03301 6-K 1 jaguar6k.htm FORM 6-K jaguar6k.htm


 
 
FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934

For the month of April, 2008
Commission File Number 001-33548

JAGUAR MINING INC.

125 North State Street
Concord, New Hampshire 03301
(603) 224-4800

(Address of principal executive offices.)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F o
Form 40-F x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o
No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-  _____ 
 
 
 



 

EXHIBIT INDEX
 
 
Description of Exhibit
     
99.1
 
News Release dated April 8, 2008 - Jaguar Mining Provides Presentation for Analyst Tour of Newly Commissioned Paciência Project
 


SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
JAGUAR MINING INC.
 
       
Date: April 8, 2008
By:
/s/ Robert J. Lloyd    
    Name: Robert J. Lloyd  
    Title: Corporate Secretary  
       

 
EX-99.1 2 ex991.htm NEWS RELEASE DATED APRIL 8, 2008 ex991.htm
Exhibit 99.1
News release via Canada NewsWire, Calgary 403-269-7605

	    Attention Business Editors:
	    Jaguar Mining Provides Presentation for Analyst Tour of Newly
	    Commissioned Paciencia Project

	    New Exploration Results and Additional Details of 700,000 oz Production
	    Plan Provided

	    JAG - TSX/NYSE Arca

	    CONCORD, NH, April 8 /CNW/ - Jaguar Mining Inc. ("Jaguar" or "the
Company") (JAG: TSX/NYSE Arca, JAG.NT: TSX) has provided drill results for its
projects under development in the Iron Quadrangle in Minas Gerais. The Company
also provided the presentation that will be used in the analyst tour of
Jaguar's operations scheduled for April 9-11. One of the highlights of this
week's tour is a visit to the recently completed Paciencia Operation, which
entered the commissioning phase in early April.
	    Complete drill results for the Roca Grande and Pilar Targets (initial ore
sources for the Caete Project) and the Satinoco Target (Phase I expansion at
Turmalina) can be found at
	    http://www.jaguarmining.com/s/PressReleases.asp?ReportID(equal sign)295062(number sign)ch.
	    These drill results are included in the feasibility studies that are
being finalized for the two projects.
	    The presentation, which will be discussed with attendees at the analyst
tour this week in Brazil, can be found in the Corporate Presentation link
under the Investor Relations tab on the Company's web site at
www.jaguarmining.com. This presentation should help investors better
understand Jaguar's geological potential and includes specific details of the
Company's exploration and development plan to produce approximately 700,000 oz
of gold by 2014.
	    "We believe the people attending this week's tour of our operations will
gain further confidence in Jaguar's operating team and our expansion plan,"
stated Mr. Daniel Titcomb, President and CEO of Jaguar. He added, "With the
Paciencia operation entering the commissioning phase, coupled with the near
completion of the feasibility studies for the Caete Project and the Phase I
expansion of Turmalina, we are minimizing our development and execution risks.
People who come to Belo Horizonte to visit our operations, take away a
thorough appreciation of Jaguar's resource potential and the confidence in the
management team that will drive our growth."

	    Exploration and Development Update

	    During Q1 2008, Jaguar completed approximately 11,710 m of drilling and
1,120 m of underground development at its projects in the Iron Quadrangle.
Specific details on a project-by-project basis are as follows:

	    Caete Project

	    The Company continues to advance the feasibility study for the Caete
Project, which remains on schedule for completion before the end of this
month. The related NI 43-101 technical report is expected to be filed on SEDAR
in May. Assuming the Caete Project proves feasible and its funding is
approved, construction will begin immediately and is expected to take
approximately 12 months, as did Turmalina and Paciencia.
	    The Pilar mine is fully developed for mining operations, which are
scheduled to begin in Q1 2009. Pilar's ore will be trucked to the central
Caete processing plant.
	    Progress at the Roca Grande Target is on schedule. Mine development in
the second level continues with 464 m of total drifts completed at the RG1/RG7
mineralized body. Efforts to drive the ramp to the third level are proceeding
as planned. The new portal at the RG2 mineralized body has been opened and
51 m of development have been completed.
	    Exploration drill results down to a depth of 840 meters have been
achieved at the Pilar Target. These results confirm that the mineralization
extends to this depth. Additional exploration to delineate deeper
mineralization is taking place at the Pilar and Roca Grande Targets in an
effort to increase their resource base.

	    Paciencia Project

	    Mining operations have commenced at the St. Isabel mine as the new
processing plant has entered the commissioning phase. Presently the grinding
and hydrometallurgical milling circuits are fully-operational and loading of
the processing circuits is anticipated to begin by April 15th. While the
Company is expecting to produce less than 50,000 ounces of gold in 2008, once
operations reach design rates, Paciencia will produce approximately
100,000 ounces of gold per year. The Company's plan is to eventually ramp up
production to over 250,000 ounces of gold annually at Paciencia.
	    During Q1 2008, the Company continued its underground development and
exploration activities at several targets that are part of the Paciencia
Project. This includes:

	    <<
	    A.  NW01 Target - Completed the main access ramp, which is 4 m x 5 m in
	        size. Through the end of March, a total of 681 m had been developed
	        toward the St. Isabel mine located 2 km to the south of the
	        NW01 portal. This cross cut will eventually intersect the second
	        level of the St. Isabel mine.

	        During this development, a new mineralized zone was encountered.
	        Channel samples were taken and a decision was made to develop a drift
	        across the zone. Jaguar's management believes blind ore shoots likely
	        exist along the 20-km contiguous concession base. This should enhance
	        the overall resource figures as additional development takes place in
	        2008 and 2009. By extending the ramp to the second level of the
	        St. Isabel mine, Jaguar's management believes the tonnes per vertical
	        meter that will be identified over the 2 km will rise. Finding
	        significant mineralized bodies in an area that previously showed none
	        is further evidence of the resource potential at the Paciencia.

	    B.  Palmital (conglomerates) - Opened a portal into the host rock and
	        developed 60 m of a 4 m x 5 m ramp, which was concrete lined. Jaguar
	        intends to install 340 m of ramps to reach the initial mining area
	        (Level 1), which is anticipated to be reached by the end of Q3.
	        Additional exploration will be conducted from this level to determine
	        the most effective mining method of this very high grade, narrow-vein
	        mineralized body. To date 22 surface holes have been drilled totaling
	        4,820 m.
	    >>

	    Turmalina Operation

	    The Company is currently mining four stopes from two levels and
developing a third level in the main ore body. Run-of-mine production is
presently averaging 1,350 tonnes per day with grades ranging between 4.1 to
6.2 g/t.
	    During Q1 2008, 300 m of overall development was achieved in the Satinoco
Target. Drill results confirm similar mineralization to the main ore body at
Turmalina and should bode favorably for the feasibility study, which is nearly
complete. Jaguar plans to drill deeper holes to confirm the continuity of the
mineralized body to a depth of approximately 1,000 m. The results from this
effort are expected by the end of Q2 2008.
	    Beginning in 2009, Jaguar intends to bring ore from the Satinoco Target
to an expanded plant at Turmalina. Daily ore processing is expected to
increase from approximately 1,350 tpd today to 1,800 tpd during 2009 and gold
output is expected to rise to 107,000 ounces per year.

	    Update of Q1 2008 Operations

	    The Company plans to release a preliminary summary of Q1 2008 operating
results on or before April 21, 2008.

	    About Jaguar

	    Jaguar is one of the fastest growing gold producers in Brazil with
operations in a prolific greenstone belt in the state of Minas Gerais. Jaguar
is actively exploring and developing additional mineral resources at its
72,000 acre land base in Minas Gerais and on an additional 159,000 acres in
the state of Ceara in the Northeast of Brazil through a joint venture.
Additional information is available on the Company's website at
www.jaguarmining.com.

	    Drill results were reviewed by Ivan C. Machado, M.Sc., P.E., P.Eng.,
Principal of Salt Lake City based TechnoMine Services, LLC. Mr. Machado serves
as Jaguar's independent Qualified Person in accordance with NI 43-101.
SGS Geosol Laboratories of Belo Horizonte, Minas Gerais provided independent
sample preparation and assay services, using standard industry practices.

	    Forward Looking Statements

	    This press release contains forward-looking statements, within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws, concerning Jaguar's objectives in the
years ahead, the measured and indicated resources, their average grade, the
commencement period of production, cash operating costs and completion dates
of feasibility studies, gold production and sales targets, capital expenditure
costs, future profitability and growth in reserves. Forward-looking statements
can be identified by the use of words, such as "are expected", "is forecast",
"approximately" or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved. Forward-looking statements involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, or performance to be materially different from any future results or
performance expressed or implied by the forward-looking statements.
	    These factors include the inherent risks involved in the exploration and
development of mineral properties, the uncertainties involved in interpreting
drilling results and other ecological data, fluctuating gold prices and
monetary exchange rates, the possibility of project cost delays and overruns
or unanticipated costs and expenses, uncertainties relating to the
availability and costs of financing needed in the future, uncertainties
related to production rates, timing of production and the cash and total costs
of production, changes in applicable laws including laws related to mining
development, environmental protection, and the protection of the health and
safety of mine workers, the availability of labor and equipment, the
possibility of labor strikes and work stoppages and changes in general
economic conditions. The potential quantities and grades noted for the NW01
Target are conceptual in nature as there has been insufficient exploration to
define a mineral resource and it is uncertain whether further exploration will
result in the target being delineated as a mineral resource. The Company also
relied on information concerning the Conglomerates at the Paciencia as
accurate and reliable from the previous concession owners and does not warrant
that the information supplied reflects a potential resource. Although the
Company has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in
forward-looking information, there may be other factors that cause actions,
events or results to differ from those anticipated, estimated or intended.
	    These forward-looking statements represent our views as of the date of
discussion. The Company anticipates that subsequent events and developments
may cause the Company's views to change. The Company does not undertake to
update any forward-looking statements, either written or oral, that may be
made from time to time by or on behalf of the Company subsequent to the date
of this discussion. For a discussion of important factors affecting the
Company, including fluctuations in the price of gold and exchange rates,
uncertainty in the calculation of mineral resources, competition, uncertainty
concerning geological conditions and governmental regulations and assumptions
underlying the Company's forward-looking statements, see the "CAUTIONARY NOTE"
regarding forward-looking statements and "RISK FACTORS" in the Company's
Annual Information Form for the year ended December 31, 2007 filed on System
for Electronic Document Analysis and Retrieval and available at
http://www.sedar.com and the Company's Annual Report on Form 40-F for the year
ended December 31, 2007 filed with the United States Securities and Exchange
Commission and available at www.edgar.com.

	    %CIK: 0001333849

	    /For further information: Investors and analysts: Bob Zwerneman, Director
of Investor Relations, (603) 224-4800, bobz(at)jaguarmining.com; Media inquiries:
Valeria Rezende DioDato, Director of Communication, (603) 224-4800,
valeria(at)jaguarmining.com/
	    (JAG.NT. JAG JAG.)

CO:  Jaguar Mining Inc.

CNW 18:19e 08-APR-08

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