Jaguar Mining reports lower gold production in Q3 2022, increases drilling
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The company said that gold production at Pilar was lower by 9% with 11,195 ounces for the quarter compared to 12,338 ounces produced in Q3 2021, while gold production at Turmalina was lower by 3% with 9,966 ounces for the quarter, compared to 10,265 ounces produced in Q3 2021 President and CEO Vern Baker commented,"In terms of production, Turmalina actually had one of its best quarters since 2021; the mine showed good consistency in both stoping and development, and we expect that to strengthen over the next quarter. At Pilar, production was slightly lower due to cycling issues related to backfilling limited higher-grade stoping blocks. Pilar expects to be back on track with consistent performance in the next quarter.
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