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Jaguar Nickel Inc.: Drilling on Sechol Project Continues to Return Encouraging Results.


TORONTO -- Jaguar Nickel Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:JNI (Java Native Interface) A programming interface (API) in Sun's Java Virtual Machine used for calling native platform elements such as GUI routines. RNI (Raw Native Interface) is the JNI counterpart in Microsoft's Java Virtual Machine.

JNI - Java Native Interface
) is pleased to report the assay data received for an additional 39 holes in its ongoing drilling program on the Sechol nickel / cobalt laterite laterite

Soil layer rich in iron oxide and sometimes aluminum, derived from a wide variety of rocks by leaching. It forms in tropical and subtropical regions where the climate is humid.
 project in Guatemala.

Results to date indicate good continuity of the mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 at 100 metre drill spacing. Of the 39 holes 23 have intercepts of nickel bearing laterite exceeding a 1.00% nickel cut-off cut-off Anesthesiology The point at which elongation of the carbon chain of the 1-alkanol family of anesthetics results in a precipitous drop in the anesthetic potential of these agents–eg, at > 12 carbons in length, there is little anesthetic activity, . Of these 2 holes have intercepts exceeding 2% nickel and another 11 holes have intercepts exceeding 1.5% nickel.
Table of Intercepts greater than or equal to 1.00% nickel cut-off
---------------------------------------------------------------------
Hole              Intercept        Interval (m)     Ni (%)    Co (%)
---------------------------------------------------------------------
              From (m)     To (m)
---------------------------------------------------------------------
JNI-04-072    0.00       2.03          2.03       1.52      0.02
---------------------------------------------------------------------
JNI-04-074    0.00       5.45          5.45       1.95      0.01
---------------------------------------------------------------------
JNI-04-075    0.00       7.00          7.00       1.56      0.04
---------------------------------------------------------------------
JNI-04-076    0.00       3.30          3.30       1.66      0.02
---------------------------------------------------------------------
JNI-04-077    0.00       4.50          4.50       1.37      0.04
---------------------------------------------------------------------
JNI-04-079    2.00       4.80          2.80       1.40      0.05
---------------------------------------------------------------------
JNI-04-081    0.00       3.60          3.60       1.40      0.05
---------------------------------------------------------------------
JNI-04-082    0.30      15.50         15.20       1.80      0.03
---------------------------------------------------------------------
JNI-04-083    3.00      12.60          9.60       2.30      0.02
---------------------------------------------------------------------
JNI-04-084    1.20      10.80          9.60       1.53      0.08
---------------------------------------------------------------------
JNI-04-085    0.00       4.05          4.05       1.83      0.03
---------------------------------------------------------------------
JNI-04-086    0.00       3.75          3.75       1.25      0.05
---------------------------------------------------------------------
JNI-04-089    0.00       2.40          2.40       1.26      0.01
---------------------------------------------------------------------
JNI-04-092    0.50      11.80         11.30       2.12      0.03
---------------------------------------------------------------------
JNI-04-094    4.00       7.50          3.50       1.42      0.05
---------------------------------------------------------------------
JNI-04-095    0.00       2.30          2.30       1.69      0.03
---------------------------------------------------------------------
JNI-04-098    5.60      11.20          5.60       1.29      0.04
---------------------------------------------------------------------
JNI-04-099    2.50      10.10          7.60       1.54      0.05
---------------------------------------------------------------------
JNI-04-100    2.65      10.75          8.10       1.80      0.02
---------------------------------------------------------------------
JNI-04-101    1.00      11.00         10.00       1.30      0.04
---------------------------------------------------------------------
JNI-04-102    1.90       6.50          4.60       1.54      0.04
---------------------------------------------------------------------
JNI-04-103    0.80       4.10          3.30       1.48      0.03
---------------------------------------------------------------------
JNI-04-104    9.50      14.30          4.80       1.48      0.03
---------------------------------------------------------------------


Sample preparation was undertaken by BSI BSI - British Standards Institute  Inspectorate in·spec·tor·ate  
n.
1. The office or duties of an inspector.

2. A staff of inspectors.

3. An inspector's district.


inspectorate
Noun

1.
 laboratory in Guatemala City Guatemala City

City (pop., 1994: city, 823,301; 1999 est.: metro area, 3,119,000), capital of Guatemala. The largest city in Central America, it lies in the central highlands at an elevation of about 4,900 ft (1,490 m).
 and assay by SGS SGS Société Générale de Surveillance
SGS Symantec Gateway Security (appliance)
SGS School of Graduate Studies
SGS Subgrid Scale
SGS Singapore Government Securities
SGS Shell Global Solutions
 Lakefield Research Analytical Services laboratory in Canada.

The compositing of the nickel and cobalt grades in the individual holes was done using a nickel cut-off of 1.00%, a minimum intercept intercept

in mathematical terms the points at which a curve cuts the two axes of a graph.
 length of 2 metres and a maximum length of internal waste of 2 metres. The compositing was done across geological boundaries. It has not yet been determined what cut-off grade should be used in an economic model.

Core recovery in the mineralized min·er·al·ize  
v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es

v.tr.
1. To convert to a mineral substance; petrify.

2. To transform a metal into a mineral by oxidation.

3.
 zone in 3 additional holes for which results are available (088, 093, 105) fell below an acceptable standard, are not reported and are scheduled for re-drilling. The accompanying map show the location of the completed holes and the holes for which assay results have been reported.

Since the start of the drilling program in March 2004 197 HQ core holes (3080m) have been completed on the El Inico grid. Drilling is on a regular 100m x 100m grid and is ongoing with approximately 240 more holes planned in this phase of this program. Additional drilling will be planned and executed as warranted by results.

The data were validated and the intersections calculated by the designated Qualified Person for the project as defined in National Instrument 43-101, H. Andrew Daniels The subject of this article may not satisfy the notability guideline for Music. If you are familiar with the subject matter, please expand or rewrite the article to establish its notability.  P. Geo., of GeoVector Management Inc. of Nepean, Ontario Nepean (pronounced "ne-PEE-yin") was a local municipality adjacent to Ottawa, Ontario, Canada until it was amalgamated with the 10 other municipalities that formed the Regional Municipality of Ottawa Carleton in 2001 to become the new city of Ottawa. .

Jaguar is a well funded, professionally managed resource company involved in developing nickel-cobalt laterite properties in Guatemala, Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . The company is also developing a proprietary nickel leaching leaching, method of extraction in which a solvent is passed through a mixture to remove some desired substance from it. A simple example is the passage of boiling water through ground coffee to dissolve and carry out the chemicals necessary for producing the beverage.  technology -- Atmospheric Chloride Leach Process -- in conjunction with Process Research ORTECH Inc. Jaguar Nickel trades on the TSX under the symbol JNI.

NOTE:A Sechol Project map is available on the CCNMatthews' website at the following link: http://www2.cdn-news.com/database/fax/2000/jagmap0617.pdf

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 17, 2004
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