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Jangada Mines Extends Mineralization at Molly Gold Project in Brazil

MT Newswires·08/17/2026 04:24:47
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04:24 AM EDT, 08/17/2026 (MT Newswires) -- Jangada Mines (JAN.L) said Monday that phase 1 drilling at its Molly gold project in Brazil confirmed historical exploration results and expanded the prior mineralization envelope along strike and down dip. The results indicate scope to increase Molly 1's existing inferred resource of 130,000 ounces of gold at an average grade of 2 grams per tonne. The Brazil-focused natural resources company added that geological modelling is underway to validate and potentially upgrade the resource estimate.