Jaguar Mining Commences New Underground Drilling Program Targeting Untested High-Grade Zones at Turmalina Mine, Brazil

Original announcement by orestocks on

Company
Jaguar Mining Inc.
Ticker
JAG.TO
Exchange
Unavailable
Region
Minas Gerais, Brazil
Primary commodity
Gold
Secondary commodities
Bismuth
Document categories
Metallurgy, Other
Extracted
2026-09-22 10:47:52 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Jaguar Mining has commenced a new underground diamond drilling program at its Turmalina mine in Brazil. The campaign targets the depth extension of the Faina orebody and an untested upper-level extension of orebody A (the A/SE2 lens).

Reasoning: The company is announcing the commencement of a new drilling program. While no new grades are provided, the targeting of untested extensions within an operating mine is a positive growth signal.

Positive factors

  • targeting untested high-grade zones
  • access via existing underground infrastructure
  • strong historical metallurgical performance

Negative factors

  • no new assay results reported yet

Facts used in scoring: 1

Classification and evidence

Nearology Playneutral · Story-specific tag

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The program targets extensions of known orebodies (Faina and Orebody A) within the existing mine.

Evidence · text

“test down-dip extension of the Faina orebody and a largely untested upper-level extension of orebody A”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Metallurgical Results (1)

Fact 1Turmalina mine · goldRecovery: 88.2 %View all details
Link to this fact

Identity

Project
Turmalina mine
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG.TO

Test Work

Sample
Orebody A average gold recovery

Recovery

Recovery
88.2 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Historical average recovery of 88.2% is stated as a supporting indication for the project's economic relevance.

Positive factors

  • strong historical metallurgical performance

Evidence · text

“average gold recovery of approximately 88.20% across all ore processed to date”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.