From the RNS on Friday29 Sep 2025 16:21
Following the sale of its Blencowe holding of 21,050,000 Ordinary Shares and the Company's £800,000 capital raise in August 2025, Jangada is now well-capitalised to implement its new strategy and accelerate activities at Paranaíta, where it holds management control. Trenching has commenced, with samples currently being collected and negotiations with drilling contractors underway. An update on this will be provided in the coming weeks. The team is encouraged by analysis of existing project data and is now focused on an exploration programme to support delivery of a PEA for a high-grade, open-pit operation targeting annual production of ~20,000 oz Au.