Last $0.05 USD
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JAGMF On Other Exchanges
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As of 8:10 PM 11/17/14 All times are local (Market data is delayed by at least 15 minutes).

j.a.g. mines ltd (JAGMF) Snapshot

Open
$0.04
Previous Close
$0.05
Day High
$0.05
Day Low
$0.04
52 Week High
04/25/14 - $0.05
52 Week Low
09/25/14 - $0.03
Market Cap
2.9M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
62.7M
EX-Date
--
P/E TM
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Dividend
--
Dividend Yield
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Current Stock Chart for J.A.G. MINES LTD (JAGMF)

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j.a.g. mines ltd (JAGMF) Details

J.A.G. Mines Ltd engages in the exploration, prospection, and evaluation of mineral, oil, and gas properties in Canada. The company primarily explores for gold, tungsten, and silver. It holds interests in the Belleterre property consisting of 77 mining claims covering approximately 1,153 hectares located in Guillet township; the St-Robert project comprising 18 claims covering an area of approximately 1,156 hectares in the Marlow and Riseborough townships; the Malartic project, which includes 20 mining claims covering approximately 720 hectares in Abitibi region; and the Ste-Clotilde project, which consists of 15 mining claims covering an area of approximately 917 hectares situated near the village of Ste-Clotilde-de-Châteauguay. The company also holds interests in various oil and gas properties, including Temiscouata property, Pohenegamook property, Lac St-Jean property, and Charlevoix property. J.A.G. Mines Ltd was incorporated in 1976 and is based in Montreal, Canada.

Founded in 1976

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j.a.g. mines ltd (JAGMF) Key Developments

JAG Mines Ltd., Annual General Meeting, Oct 07, 2014

JAG Mines Ltd., Annual General Meeting, Oct 07, 2014.

J.A.G. Mines Ltd. and OLITRA Announce Exploration Work on Conventional Natural Gas and Condensate Deposits in Temiscouata

J.A.G. MINES LTD and its subsidiary OLITRA Inc. announced that the discovery of natural gas by companies Ressources et Energie Squatex and Petrolympic has been very well received. JAG wishes to publish an update concerning the progress of its exploration work in the Bas-Saint-Laurent region, particularly on its vast Témiscouata property that extends from Rivière Bleue, near the border with Maine, up to the Rimouski reserve, an area of 89,147 hectares (222,868 acres). Following a thorough exploration campaign lead by geologist Marc R. Laflèche from the Institut national de la recherche scientifique (INRS), JAG has identified on the Témiscouata property three highly abnormal domains of soil gas, characterized by very high concentrations of methane, ethane, propane and butane, and molecular ratios revealing the presence of thermogenic hydrocarbon sources (within rock), probably hosted in the Ordovician and Silurian sedimentary rocks of the region. These units are overlain by the Devonian shale of Témiscouata which forms an impervious barrier. Numerous showings of variably dolomitized reefal limestone, as well as sandstones similar to Gaspé sandstones (ZEC Owen sector), occur and will be investigated by JAG in 2014. Consequently, the Company intends to complete a number of core drill holes similar to those of the mining industry in view of documenting the presence of reservoirs and locate host rock units responsible for hydrocarbon generation. From west to east, priority targets to be investigated through geophysics and drilling are the St-Eusèbe and Lake Ango in ZEC Owen sectors, and the vicinity of the wildlife reserve of Rimouski bordering the Squatex-Petrolympic property, host of the conventional natural gas discovery in Bas-Saint-Laurent. As part of its funded works for gas and oil exploration, JAG should be able to present by June 2014 the initial results of a large-scale pedogeochemical and radiometric study conducted on the whole area of its Pohénégamook property. Said property is located in Bas-Saint-Laurent, west of the Témiscouata property, and encompasses an area of 133,459 hectares (333,648 acres). From October to November 2013 and in March 2014, JAG had a high- resolution gravimetric survey performed in order to refine geometry and relative importance of the main auriferous and intrusive structures located west of the old Belleterre mine. The gravimetric data are added to the new high-resolution audio- magnetotelluric sections executed on the Aubelle, Castor, Village and Boudrias prospects.

 

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