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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/jaguar-mining-commences-new-underground-drilling-program-targeting-untested-high--3220d565-2c86-469c-8482-bbccb4a89e5d

Original source: https://orestocks.com/company/JAG.TO/press-releases/4616934763213118

Publisher: orestocks

Original announcement: 2026-09-22T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T10:47:51.413Z

Atlas analysis updated: 2026-09-22T10:47:51.413Z

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: targeting untested high-grade zones

- Positive factor: access via existing underground infrastructure

- Positive factor: strong historical metallurgical performance

- Negative factor: no new assay results reported yet

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: 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 Only**

Polarity: negative

Definition: 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 1

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-commences-new-underground-drilling-program-targeting-untested-high--3220d565-2c86-469c-8482-bbccb4a89e5d#fact-metallurgical-facts-0)

Turmalina mine · gold

#### 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 factor: 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.