# Jaguar Mining Inc. Reports 30% Year-Over-Year Gold Production Growth in Q3 2026

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/jaguar-mining-inc-reports-30-year-over-year-gold-production-growth-in-q3-2026--33561d35-5164-40dc-9d70-ad120c02fcc5

Original source: https://orestocks.com/company/JAG.TO/press-releases/6896360160702366

Publisher: orestocks

Original announcement: 2026-10-15T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-15T10:47:28.567Z

Atlas analysis updated: 2026-10-15T10:47:28.567Z

- Company: Jaguar Mining Inc.

- Ticker: JAG.TO

- Exchange: Unavailable

- Region: Minas Gerais, Brazil

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Production, Metallurgy

- Extracted: 2026-10-15 10:47:29 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Jaguar Mining reported a 30% year-over-year increase in consolidated gold production for Q3 2026, totaling 12,981 ounces. The growth was driven by the ramp-up of the Turmalina Mine, which offset lower head grades at the Pilar Mine.

Reasoning: Strong production growth driven by successful ramp-up at Turmalina, despite lower grades and recoveries at specific sites.

- Positive factor: 30% year-over-year consolidated gold production growth

- Positive factor: Turmalina Mine ramp-up on track

- Positive factor: Faina orebody performing above technical study expectations

- Positive factor: Increased development and drilling activity

- Negative factor: Lower average head grades at Pilar Mine

- Negative factor: Lower recovery at Turmalina Mine \(67%\) due to Faina ore profile

Facts used in scoring: 2

## Classification and evidence

**Production Growth**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Consolidated gold production rose 30% year-over-year.

Evidence · text

> Consolidated gold production rose 30% year-over-year

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Metallurgical Results (2)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-inc-reports-30-year-over-year-gold-production-growth-in-q3-2026--33561d35-5164-40dc-9d70-ad120c02fcc5#fact-metallurgical-facts-0)

Pilar Mine · gold

#### Identity

- Project: Pilar Mine
- Commodity: gold
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: JAG.TO

#### Test Work

- Sample: Pilar Mine Q3 2026 production

#### Recovery

- Recovery: 89 %
- Recovery Basis: actual\_test
- Head Grade: 2.76
- Head Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: Steady production with higher throughput but lower grade.

- Positive factor: Higher ore throughput \(14% increase\)

- Negative factor: Lower average head grades compared to Q3 2025

Evidence · text

> Pilar Mine produced 8,549 ounces of gold in Q3 2026 from 108,255 tonnes processed, with an average head grade of 2.76 g/t Au and recovery of 89%.

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-inc-reports-30-year-over-year-gold-production-growth-in-q3-2026--33561d35-5164-40dc-9d70-ad120c02fcc5#fact-metallurgical-facts-1)

Turmalina Mine · gold

#### Identity

- Project: Turmalina Mine
- Commodity: gold
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: JAG.TO

#### Test Work

- Sample: Turmalina Mine Q3 2026 production

#### Recovery

- Recovery: 67 %
- Recovery Basis: actual\_test
- Head Grade: 4
- Head Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: Successful production ramp-up despite lower recovery profile of the Faina orebody.

- Positive factor: 11% increase in ounces compared to Q2 2026

- Positive factor: Faina recovery performing above expected 55%

- Negative factor: Lower recovery \(67%\) compared to Q2 2026 \(84%\) due to Faina ore profile

Evidence · text

> The Turmalina Mine produced 4,432 ounces of gold in Q3 2026 from 51,144 tonnes processed, at an average head grade of 4.00 g/t Au and a recovery of 67%

#### Tags used in scoring

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 67% is below the weak band \(80%\)

## 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.
