Jaguar Mining Inc.: Jaguar Mining Reports Fourth Quarter Production with 22,532 Gold Ounces
Within Upper Half of the 2020 Production Guidance
Exploration Program Started at Corrego Brandão
TORONTO, ON / ACCESSWIRE / January 12, 2021 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced Production results for the three months ("Q4 2020") and twelve months ended December 31, 2020 ("FY 2020"). All figures are in US Dollars, unless otherwise expressed.
FY 2020 Annual and Q4 2020 Operating Results Summary
Annual consolidated gold production for 2020 increased 23% with 91,116 ounces compared to 2019 production of 74,083 ounces; in the upper half of the 2020 production guidance of 84,000 to 94,000 ounces of gold despite a tumultuous year dominated by the COVID-19 pandemic. Both mines saw significant improvement from 2019 production levels with Pilar up 25% and Turmalina up 20%. Q4 2020 consolidated gold production increased 12% to 22,532 ounces, compared to Q4 2019 production of 20,029 ounces.