Jaguar Nickel Inc.

Jaguar Nickel Inc.

November 30, 2006 13:05 ET

Canadian Patent Granted to Jaguar Nickel

TORONTO, ONTARIO--(CCNMatthews - Nov. 30, 2006) - Jaguar Nickel Inc. (the "Company")(TSX:JNI) announced today that the Commissioner of Patents has granted Canadian Patent No. 2,467,288 to Jaguar. This issued patent follows several years of investment by the Company into the development of an atmospheric chloride leach process (ACLP) for the recovery of value metals from material containing base metal oxides. The term of the patent is 20 years from the date of filing, which is May 13, 2024.

The awarding of this first metallurgical process patent to the Company is an important step in protecting the investment which Jaguar undertook starting in 2002 when searching for a new method to potentially allow development, using a single environmentally advantaged process plant, of the full horizon of ore types found in lateritic nickel ore bodies around the globe.

The Company values its proprietary process technology patent rights, research data, and engineering studies which define the ACLP. The Company has filed patent applications and continues to pursue the applications with respect to its proprietary metallurgical process technologies in Canada, the United States, Australia, Europe, and other critical jurisdictions.

About Jaguar

Jaguar is a well funded Canadian mineral exploration and development company. It has entered into an exploration alliance with BHP Billiton for the exploration and development of nickel mining properties in Canada, Alaska, the mid-continental United States and Greenland, excluding certain properties currently held by BHP Billiton. Jaguar's shares are traded on the TSX under the symbol JNI.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under Jaguar's control which may cause actual results, performances or achievements of Jaguar to be materially different from those implied by such forward looking statements.

Contact Information

  • Jaguar Nickel Inc.
    Richard Weizenbach
    Chief Operating Officer
    (416) 363-1124
    (416) 360-0728 (FAX)