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Jaguar Announces Positive Metallurgical Testwork at High-Grade Faina Deposit Progresses Conceptual Mine Study and Plan

Metallurgical Testwork achieves > 85% gold recovery via a combination of gravity concentration followed by flotation of gravity tails. Faina Measured and Indicated Mineral Resources total 261,000 t at a grade of 6.87 g/t Au, containing 58,000 oz Au. F