- Business
- JZR Gold Inc. is a Canadian junior mining company engaged in the acquisition, exploration, development and operation of mineral properties, with a focus on gold and silver. The Company’s principal asset is the Vila Nova Gold Project in the Mazagão municipality of Amapá State, Brazil, where it is advancing the recovery and processing of gold-bearing tailings and evaluating additional hard-rock exploration potential. Vila Nova includes a fully permitted bulk-sampling operation authorized to process up to 600,000 tonnes annually and an approximately 800-tonne-per-day gravimetric processing mill designed to produce gold concentrate. The Company’s activities at the project include mine planning; tailings and hard-rock drilling, sampling and trenching; ore extraction and movement; plant operation and optimization; gravity concentration; gold-concentrate production; and marketing and shipment of concentrate to prospective buyers. JZR Gold also holds interests in the Spider Mine property in British Columbia, Canada, which is prospective for gold and silver mineralization. Its target markets include gold-concentrate purchasers and participants in the precious-metals supply chain.
In 2025, JZR Gold’s former operating partner, ECO Mining Oil & Gas Drilling and Exploration Ltda., completed commissioning and testing of the Vila Nova mill and produced its first gold concentrate. During 2026, the Company reported initial concentrate assays of up to 130 grams per tonne of gold, which it characterized as proof of concept for recovering gold from the project’s tailings material. In May 2026, JZR Gold entered into an agreement with ECO to assume direct operatorship of Vila Nova, changing its role from royalty holder to operator responsible for plant operations, staffing and production performance. The Company subsequently contracted RR Bueno to mobilize a mining fleet, including excavators, haul trucks, a wheel loader and associated equipment and operators, to support mining, ore movement, access-road maintenance and plant-feed activities. In September 2026, JZR Gold reported that mining operations were underway and that approximately 11 tonnes of concentrate had been shipped from Vila Nova to São Paulo. The Company completed a non-brokered private placement of 4,000,000 units at C$0.25 per unit for gross proceeds of C$1.0 million in July 2026, supporting working capital and project advancement. JZR Gold was incorporated in 1947, was formerly known as Jazz Resources Inc. until its October 2022 name change, and is headquartered in Surrey, British Columbia, Canada.