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  2. Share Prices
  3. Jangada Mines Share Price
  4. Jangada Mines Share News
  5. IN BRIEF: Jangada drills 19 holes At Pitombeiras; sells ValOre shares

Pin to quick picksJangada Mines Share News (JAN)

Jangada Mines Information

Share Price Information for Jangada Mines (JAN)

London Stock Exchange
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Share Price: 1.25
Bid: 1.20
Ask: 1.30
Change: 0.00 (0.00%)
Spread: 0.10 (8.333%)
Open: 1.25
High: 1.25
Low: 1.25
Prev. Close: 1.25
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IN BRIEF: Jangada drills 19 holes At Pitombeiras; sells ValOre shares

Tue, 09th Mar 2021 17:51

Jangada Mines PLC - London-based natural resources company - Completes drilling of 19 holes totalling 1,157 linear metres at Pitombeiras vanadium project in Brazil. Of the 19 holes, 15 intersected vanadium titanomagnetite mineralisation, which confirms continuity of mineralisation within the existing deposit and will be used for the upgrade of current mineral resources.

Also announces the sale of 3.88 million shares in ValOre shares for CAD0.30 each, totalling CAD1.2 million. Proceeds will go towards funding the ongoing explorations and working capital purposes at Pitombeiras project.

Jangada Mines now holds 10.6 million ValOre, reflecting an 8.9% interest.

Current stock price: 8.74 pence

Year-to-date change: up 88%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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26 Sep 2019 14:28

Jangada Encouraged By Positive Test Results For Vanadium Project

Jangada Encouraged By Positive Test Results For Vanadium Project

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15 Aug 2019 15:03

Jangada Mines completes disposal of Pedra Branca to ValOre

(Sharecast News) - Natural resources company Jangada Mines announced on Thursday that remaining conditions had been satisfied and the agreement to dispose of Pedra Branca Brasil Mineracao - the entity that holds the Pedra Branca Project - to ValOre had completed.

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17 Jun 2019 12:08

Jangada Mines Cancels Celtic Capital Loan After Pedra Branca Sale

(Alliance News) - Jangada Mines PLC on Monday said it has cancelled a funding agreement as the sale of its Pedra Branca project progresses.In September, Jangada agreed a GBP2.1 million to a

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17 Jun 2019 10:58

Jangada makes good progress with proposed sale of Pedra Branca

(Sharecast News) - Natural resources company Jangada Mines updated the market on the proposed sale of Pedra Branca do Brasil Mineracao - the entity that holds Pedra Branca - to the TSX-V listed ValOre Metals Corporation on Monday.

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28 May 2019 09:33

Jangada Mines Shares Drop 29% As Sells Pedra Branca Project In Brazil

LONDON (Alliance News) - Jangada Mines PLC has decided to sell the Pedra Branca project in Brazil following difficulties in attracting investor interest, it said Tuesday.Pedra Branca, a and

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13 May 2019 11:06

Jangada Mines Close To Completing Pedra Branca Feasibility Work

LONDON (Alliance News) - Jangada Mines PLC is on track with the feasibility study for the Pedra Branca platinum group metal and nickel project in Brazil, it said Monday.Jangada did not say

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25 Apr 2019 18:13

Jangada Mines Issues Shares To Cover Technical Services Costs (ALLISS)

LONDON (Alliance News) - Jangada Mines PLC on Thursday said it has agreed to issue 1.5 million shares to cover the costs of certain technical services provided by a contractor.The price at

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8 Apr 2019 14:01

Jangada Mines nears completion of feasibility study at Pedra Branca

(Sharecast News) - Natural resources company Jangada Mines, which is developing the Pedra Branca platinum and nickel project and the Ptombeiras West vanadium project updated the market on the bankable feasibility study currently underway at Pedra Branca, in north-eastern Brazil.

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8 Apr 2019 11:30

Jangada Mines Close To Finishing Off Pedro Branca Feasibility Study

LONDON (Alliance News) - Jangada Mines PLC is on track with its Pedro Branca feasibility study after completed successfully hydrology studies.Pedro Branca, a platinum group metal and nickel

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11 Mar 2019 15:24

Jangada Mines upbeat on drilling results from Pitombeiras West

(Sharecast News) - Natural resources company Jangada Mines updated the market on recently-completed exploration activities at its Pitombeiras West vanadium deposit in north-eastern Brazil on Monday, reporting that drill results had confirmed the presence of a high-grade deposit with potential for "significant" resource delineation.

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11 Mar 2019 11:09

Jangada Mines Drilling Finds "High-Grade" Vanadium Deposit

LONDON (Alliance News) - Jangada Mines PLC on Monday confirmed a "high-grade" deposit at its Pitombeiras West asset in north-eastern Brazil.High-grade zones at the deposit include

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27 Feb 2019 17:39

Jangada Mines Loss Narrows On Expenses As It Progresses Pedra Branca

LONDON (Alliance News) - Natural resources company Jangada Mines PLC said its loss narrowed slightly in the first half of its year due to a lack of finance expense.Jangada's pretax loss

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18 Feb 2019 16:05

Ascent Resources Hires Ex-Eland CFO As Non-Exec, Appoints COO To Board

LONDON (Alliance News) - Ascent Resources PLC said Monday it has appointed Louis Castro as non-executive director to replace Nigel Moore, who has retired from the company's board.Moore

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5 Feb 2019 10:51

Jangada Mines Rises As Grades In Brazil Easily Beat Expectations

LONDON (Alliance News) - Shares in Jangada Mines PLC rose Tuesday as the company announced mineral finds at the Ptombeiras West deposit, including vanadium.Shares were 11% higher on Tuesday

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28 Jan 2019 11:44

Jangada Mines Hails "Significant" Step After Resource Upgrade

LONDON (Alliance News) - Jangada Mines PLC on Monday reported a more than doubling of its resource at the Pedra Branca platinum group metals project in Brazil.The total resource is now 74.8

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