# Jaguar Mining Intersects High-Grade Gold at Faina Orebody, Confirming Continuity of Mineralization at Turmalina Mine Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02 Original source: https://money.tmx.com/en/quote/JAG/news/8576844720565288/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity- Publisher: tmx Original announcement: 2026-07-27T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Jaguar Mining Inc. - Ticker: JAG - Exchange: TSX - Region: Minas Gerais, Brazil - Primary commodity: Gold - Secondary commodities: Arsenic, Antimony - Document categories: Drill results, Metallurgy - Extracted: 2026-08-21 18:31:02 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Jaguar Mining has intersected multiple high-grade gold zones at the Faina orebody within the Turmalina Mine, confirming mineralization continuity. Initial industrial metallurgical testing also showed improved gold recoveries of approximately 70% compared to previous pilot tests. Reasoning: Strong high-grade gold intercepts at the Faina orebody confirm mineralization continuity and support resource expansion, complemented by improved industrial gold recoveries. - Positive factor: high-grade gold intercepts - Positive factor: confirmed continuity - Positive factor: improved metallurgical recovery - Negative factor: preliminary metallurgical results Facts used in scoring: 8 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 28.46 g/t gold exceeds the exceptional threshold for orogenic gold. Evidence · table > 28.46 **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: Estimated true widths are provided for all reported intercepts in Table 1. Evidence · table > Estimated True Width \(m\) **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a Qualified Person sign-off by Armando José Massucatto. Evidence · text > reviewed and approved by Armando José Massucatto **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: Mineralization is associated with arsenopyrite and antimony-bearing sulfide assemblages. Evidence · text > associated with fine-grained arsenopyrite, pyrrhotite, pyrite, and locally antimony-bearing sulfide assemblages ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### FAI0177 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-0) Turmalina Mine · gold #### Identity - Hole ID: FAI0177 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 7.67 - Grade Unit: g/t - Intercept: 3.77 m - True Width: 3.4 m - From: 62.63 m - To: 66.4 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0177:62.63-66.4 - Mining Method: underground #### Location - Easting: 511704.91 - Northing: 7818444.26 - Azimuth: 305 ° - Dip: -43.87 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 7.67 g/t gold intercept is strong for an orogenic system. - Positive factor: high grade Evidence · table > 7.67 Context: 3.77 ### FAI0177 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-1) Turmalina Mine · gold #### Identity - Hole ID: FAI0177 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 13.67 - Grade Unit: g/t - Intercept: 1.82 m - True Width: 1.64 m - From: 62.63 m - To: 64.45 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0177:62.63-64.45 - Mining Method: underground #### Location - Easting: 511704.91 - Northing: 7818444.26 - Azimuth: 305 ° - Dip: -43.87 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 13.67 g/t gold is a high-grade intercept. - Positive factor: bonanza grade Evidence · table > 13.67 Context: 1.82 ### FAI0178 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-2) Turmalina Mine · gold #### Identity - Hole ID: FAI0178 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 11.88 - Grade Unit: g/t - Intercept: 5.54 m - True Width: 5.39 m - From: 51 m - To: 56.54 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0178:51.0-56.54 - Mining Method: underground #### Location - Easting: 511705.01 - Northing: 7818441.36 - Azimuth: 256.1 ° - Dip: -37.13 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 11.88 g/t over 5.54m is a significant intercept for an orogenic system. - Positive factor: strong grade and width Evidence · table > 11.88 Context: 5.54 ### FAI0178 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-3) Turmalina Mine · gold #### Identity - Hole ID: FAI0178 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 17.99 - Grade Unit: g/t - Intercept: 3.61 m - True Width: 3.58 m - From: 51 m - To: 54.61 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0178:51.0-54.61 - Mining Method: underground #### Location - Easting: 511705.01 - Northing: 7818441.36 - Azimuth: 256.1 ° - Dip: -37.13 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 17.99 g/t gold is a high-grade intercept. - Positive factor: high grade Evidence · table > 17.99 Context: 3.61 ### FAI0182 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-4) Turmalina Mine · gold #### Identity - Hole ID: FAI0182 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 9.01 - Grade Unit: g/t - Intercept: 2.19 m - True Width: 2.14 m - From: 80.33 m - To: 82.52 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:80.33-82.52 - Mining Method: underground #### Location - Easting: 511882.13 - Northing: 7818501.05 - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 9.01 g/t is a good grade but the interval is relatively narrow. - Positive factor: high grade Evidence · table > 9.01 Context: 2.19 ### FAI0182 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-5) Turmalina Mine · gold #### Identity - Hole ID: FAI0182 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 22.46 - Grade Unit: g/t - Intercept: 3.2 m - True Width: 3.13 m - From: 182.3 m - To: 185.5 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:182.3-185.5 - Mining Method: underground #### Location - Easting: 511882.13 - Northing: 7818501.05 - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 22.46 g/t gold is a strong intercept. - Positive factor: high grade Evidence · table > 22.46 Context: 3.20 ### FAI0182 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-6) Turmalina Mine · gold #### Identity - Hole ID: FAI0182 - Project: Turmalina Mine - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Geometry - Grade: 28.46 - Grade Unit: g/t - Intercept: 2.51 m - True Width: 2.4 m - From: 182.3 m - To: 184.81 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:182.3-184.81 - Mining Method: underground #### Location - Easting: 511882.13 - Northing: 7818501.05 - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 28.46 g/t gold is an exceptional grade. - Positive factor: bonanza grade Evidence · table > 28.46 Context: 2.51 ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--9d0e5a78-d6ad-4174-a46c-d2686e839c02#fact-drill-facts-7) gold #### Identity - Commodity: gold - Ticker: JAG #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 70% recovery in industrial circuit is a significant improvement over 55% in pilot tests. - Positive factor: improved recovery - Negative factor: preliminary results Evidence · text > gold recoveries reaching approximately 70% ## 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.