Jangada Mines PLCLSE Jangada Mines Stock Report

Jangada Mines PLC is an holding company, which engages in the exploration and development of PGM mining assets in Brazil. The Company’s subsidiary, VTF Mineracao Ltda, has 100% ownership of the Pitombeiras Vanadium Project. Its other subsidiaries include ValOre Metals Corp, Fodere Titanium Limited and Blencowe Resources Limited. The Pitombeiras Vanadium Project is located in the state of Ceara, Brazil. The project is a high-grade greenfield vanadium, titanium, iron exploration project. The project is situated approximately 300km south-west of the port city of Fortaleza and is accessed by paved federal highways with three possible routes to market identified and assessed: two to Main Chinese Ports and one to Brazil-based Companhia Siderurgica de Pecem refinery. The Pedra Branca PGM Project is an advanced palladium, platinum and nickel project located in north-eastern Brazil. The total project area covers approximately 48,000 hectares, and includes three mining licenses and 42 exploration licenses.