JML

J.A.G. MINES LTD. (TSX VENTURE:JML) is pleased to announce that it is currently
completing a private placement in the amount of one million dollars ($1 000
000.). This placement is being offered to "Accredited Investors" in units of
$5,000. Each unit is made up of: 




i.   40 000 flow-through common shares at $0.10 per share;                 
ii.  10 000 non-flow-through common shares at $0.10 each and;              
iii. 25 000 common share purchase warrants, each warrant shall entitle the 
     holder thereof to acquire one common share of the Issuer (on a non-   
     flow-through basis) at a price of $0.20 until the date which is twelve
     (12) month following the Closing date.                                



The proceeds raised from the issuance of the Flow-Through Shares will be used to
incur exploration expenditures on JAG's Properties in Belleterre-Temiscamingue
(gold-silver) and St-Robert-Bellarmin (gold-silver-tungsten, lead, zinc).


Shares issued pursuant to the offering will be subject to a four (4) month hold
period.


Belleterre Property (Temiscamingue)

This property covers a perimeter of 1,157.3 hectares spread over 81 claims. It
is composed of many gold-bearing zones including Aubelle-1 which, according to
historical data, has 1,257,000 tons of resources of an average content of 3.2
g/t.


Since the beginning of 2012, a team led by geologist Marc Richer Lafleche from
the 'Institut National de la recherche scientifique'(INRS) is active on the
property, performing prospecting activities. These works will be followed by an
important drilling campaign.


St-Robert Property

St-Robert Property is composed of 18 mining claims and covers 1,156 hectares.

The 100% JAG owned property hosts many quartz veins and carbonates rich in
poly-metallic sulphides (Pb,Zn,Ag,Au,W) injected in the sedimentary rocks. JAG
initiated in 2011, a compilation of exploration work and small scale production
done by St-Robert Metals


Corporation and Nouvelle Mining between 1951 and 1976. All the geological and
geophysical surface data have been digitalized and GIS integrated. Following
that, many surface works including geophysical surveys and systematic sampling
were completed by Dr. Lafleche's team. We are now well prepared to go ahead with
a drilling campaign.

J.A.G. Ltee (Les Mines) (TSXV:JML)
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De May 2024 a Jun 2024

J.A.G. Ltee (Les Mines) (TSXV:JML)
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De Jun 2023 a Jun 2024