Jaguar Mining Inc. Commences Drilling at High-Potential Chame Target - Advancing Five-Year Exploration Plan

Original announcement by tmx on

Company
Jaguar Mining Inc.
Ticker
JAG
Exchange
TSX
Region
Minas Gerais, Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-08-21 19:01:30 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Jaguar Mining has commenced a 12-hole drilling program at the Chamé target within its Paciência complex in Brazil. The program aims to evaluate a near-surface, open-pit gold target, building on encouraging trenching results and geophysical anomalies.

Reasoning: The announcement marks the start of a new drilling phase at the Chamé target, supported by encouraging historical trenching results, though no new drill assays are reported in this release.

Positive factors

  • commencement of drilling at high-potential target
  • strong trenching results
  • proximity to existing infrastructure
  • QA/QC disclosed

Negative factors

  • results are from trenching, not new drill assays

Facts used in scoring: 7

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions systematic insertion of blanks and CRMs and use of an internationally certified laboratory (SGS).

Evidence · text

“Jaguar maintains a rigorous quality-control program that includes the systematic insertion of blanks and Certified Reference Materials (CRMs)”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program is described as following up on initial results and part of a larger exploration plan.

Evidence · text

“The Chamé drill program follows up on initial encouraging results”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

CMCH05Chamé · goldGrade: 0.9Grade Unit: g/tIntercept: 54.47 mView all details
Link to this fact

Identity

Hole ID
CMCH05
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
54.47 m

Classification

Sample Type
channel
Group ID
CMCH05:0-54.47
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Trench intercept showing moderate grade over a significant width.

Positive factors

  • continuous mineralized envelope

Evidence · text

“CMCH05: 54.47m @ 0.90 g/t Au”
CMCH05Chamé · goldGrade: 1.29Grade Unit: g/tIntercept: 32.22 mView all details
Link to this fact

Identity

Hole ID
CMCH05
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
32.22 m

Classification

Sample Type
channel
Group ID
CMCH05:0-54.47
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: High-grade sub-interval within the CMCH05 trench intercept.

Positive factors

  • higher grade sub-interval

Evidence · text

“including 32.22m @ 1.29 g/t Au”
CMCH05Chamé · goldGrade: 7.1Grade Unit: g/tIntercept: 4.43 mView all details
Link to this fact

Identity

Hole ID
CMCH05
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
7.1
Grade Unit
g/t
Intercept
4.43 m

Classification

Sample Type
channel
Group ID
CMCH05:0-54.47
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: High-grade narrow intercept within the trench.

Positive factors

  • bonanza-style grade for open pit

Evidence · text

“and 4.43m @ 7.1 g/t Au”
CMCH06Chamé · goldGrade: 0.41Grade Unit: g/tIntercept: 24.78 mView all details
Link to this fact

Identity

Hole ID
CMCH06
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
24.78 m

Classification

Sample Type
channel
Group ID
CMCH06:0-24.78
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Low-grade trench intercept.

Evidence · text

“CMCH06: 24.78m @ 0.41 g/t Au”
CMCH06Chamé · goldGrade: 0.5Grade Unit: g/tIntercept: 11.39 mView all details
Link to this fact

Identity

Hole ID
CMCH06
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
11.39 m

Classification

Sample Type
channel
Group ID
CMCH06:0-24.78
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Sub-interval within CMCH06.

Evidence · text

“including 11.39m @ 0.50 g/t Au”
CMCH06Chamé · goldGrade: 0.52Grade Unit: g/tIntercept: 12.94 mView all details
Link to this fact

Identity

Hole ID
CMCH06
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
12.94 m

Classification

Sample Type
channel
Group ID
CMCH06:0-24.78
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Sub-interval within CMCH06.

Evidence · text

“and 12.94m @ 0.52 g/t Au”
TR04Chamé · goldGrade: 0.54Grade Unit: g/tIntercept: 41.26 mView all details
Link to this fact

Identity

Hole ID
TR04
Project
Chamé
Commodity
gold
Region
brazil
Reported Region
Minas Gerais, Brazil
Ticker
JAG

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
41.26 m

Classification

Sample Type
channel
Mining Method
open_pit

QA/QC

Laboratory
SGS-Geosol Brazil
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-01T00:00:00.000Z

Reasoning: Partial results from trench TR04.

Positive factors

  • significant width

Evidence · text

“trench TR04, where results showed 0.54 g/t gold over 41.26 m”

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.