Jaguar Mining Enterprises Announces Revised Projections on Cascaronal Mine
24 9월 2009 - 5:15AM
Marketwired
Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR), an independent
mining company engaged in the acquisition, development, and
exploitation of iron ore primarily mined in Mexico, announced today
that it has received a revised estimate on the reserves of the
Cascaronal Mine. In addition to the main body of iron ore estimated
at 20 million metric tons, it is projected that there is an
additional 10-15 million metric tons of iron ore located just
outside of the main body.
"This additional amount of iron ore located at the Cascaronal
Mine expands our options of production," said Dale Williams,
President of Jaguar Mining Enterprises. "While this extends the
life of the mine, it also raises the possibility of expanding the
workforce to increase production."
About Jaguar Mining Enterprises, Inc.:
Jaguar Mining Enterprises, Inc. is an independent mining company
engaged in the acquisition, development, and exploitation of iron
ore primarily mined in Mexico. The Company specializes in the
exploitation of iron ore mines with proven reserves. The Company's
strategy is to locate, acquire and develop mine locations that
contain sufficient quantities of iron ore and require minimal
start-up costs. For additional information regarding Jaguar Mining
Enterprises please visit: www.jaguarminingenterprises.com
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking
statements be subject to the Safe Harbors created thereby. Since
these statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially form the expected
results.
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Contact: Jaguar Mining Enterprises, Inc. Dale E. Williams 1860
FM 359, #177 Richmond, TX 77406 Phone: (281) 712-1235 Fax: (281)
520-4378 Email: inquiry@jaguarminingenterprises.com Website:
www.jaguarminingenterprises.com
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