Jaguar Mining Reports on Ongoing Exploration Drilling at the BA Zone of the Pilar Gold Mine, Brazil
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, Resource update
- Extracted
- 2026-08-21 18:49:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Jaguar Mining reports ongoing exploration drilling results from the BA Zone of its Pilar Gold Mine in Brazil, confirming down-plunge continuity of gold mineralization with multiple high-grade intercepts. These results will be incorporated into a new resource estimate for the BA Zone, expected in Q1 2026. The company plans a directional drilling program in Q2 2026 to further test and expand the down-plunge extent of the zone.
Reasoning: The drilling confirms down-plunge continuity of high-grade gold mineralization at the BA Zone, with several exceptional and strong grade intercepts that will contribute to an upcoming resource estimate. QA/QC procedures are well-documented, though some reported interval lengths are inconsistent with their from/to depths.
Positive factors
- exceptional_grade_intercepts
- continuity_confirmed
- upcoming_resource_update
- qaqc_disclosed
- qp_signed
Negative factors
- inconsistent_interval_lengths
Facts used in scoring: 8
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Hole PPL1206 reported 26.20 g/t Au over 4.50 m, which is an exceptional grade for an underground orogenic gold deposit (threshold >= 15 g/t Au).
Evidence · text
“PPL1206 - 4.50 m @ 26.20 g/t Au (GT: 118)”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Hole PPL1179 reported 23.17 g/t Au over 2.80 m, which is an exceptional grade for an underground orogenic gold deposit (threshold >= 15 g/t Au).
Evidence · text
“including 2.80 m @ 23.17 g/t Au (GT: 65) from 220.75 m to 227.60 m”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details QA/QC procedures including internal laboratory analysis, external check assays by ALS Brazil (an internationally certified lab), and a Qualified Person sign-off.
Evidence · text
“Additionally, the part of pulp generated from PPL drillhole assays is often sent to ALS Brazil, (laboratory with international certificate practice, located in Vespasiano, Minas Gerais state, Brazil) for external check assaying.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Armando José Massucatto, PhD FAusIMM, Jaguar Mining General Manager of Exploration, is identified as a Qualified Person as defined by NI 43-101.
Evidence · text
“Armando José Massucatto, PhD FAusIMM, Jaguar Mining General Manager of Exploration and a Qualified Person as defined by National Instrument 43-101”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling supports 'down-plunge continuity' and aims to 'expand the down-plunge extent' of the BA Zone mineralization.
Evidence · text
“Drilling supports down-plunge continuity of the BA mineralization and confirms multiple high-grade intercepts”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: A new resource estimate for the BA Zone is in final stages of review and expected to be disclosed in Q1 2026.
Evidence · text
“The new resource estimate for the BA Zone (Pilar Mine) is in the final stages of review and is expected to be disclosed in a Technical Report targeted in the first quarter of 2026.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: No true width is reported for any of the drill intercepts, only downhole lengths.
Evidence · text
“PPL1205 - 2.50 m @ 12.05 g/t Au (GT: 30)”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: The release does not state the cut-off grade used for compositing the reported drill intervals.
Evidence · text
“Results are summarized below, highlighting select intercepts (see Figure 1 ). Table 1 provides the main intercepts.”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
PPL1205Pilar Gold Mine · goldGrade: 12.05Grade Unit: g/tIntercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- PPL1205
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 12.05
- Grade Unit
- g/t
- Intercept
- 2.5 m
- Hole Depth
- 155.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788014.2
- Northing
- 663012.7
- Elevation
- -349.1 m
- Azimuth
- 225.29 °
- Dip
- 32.32 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Intercept shows strong gold grade (12.05 g/t) over a narrow width (2.5m), resulting in a moderate grade-thickness product (30 g/t·m) for an underground orogenic deposit.
Positive factors
- strong_grade
- moderate_gt
Negative factors
- narrow_intercept
Evidence · text
“PPL1205 - 2.50 m @ 12.05 g/t Au (GT: 30)”
PPL1206Pilar Gold Mine · goldGrade: 26.2Grade Unit: g/tIntercept: 4.5 mView all detailsHide details
Identity
- Hole ID
- PPL1206
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 26.2
- Grade Unit
- g/t
- Intercept
- 4.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Exceptional gold grade (26.20 g/t) over a moderate width (4.5m) yields a strong grade-thickness product (118 g/t·m), indicating a high-quality intercept for an underground orogenic deposit.
Positive factors
- exceptional_grade
- strong_gt
- moderate_width
Evidence · text
“PPL1206 - 4.50 m @ 26.20 g/t Au (GT: 118)”
PPL1158Pilar Gold Mine · goldGrade: 4.13Grade Unit: g/tIntercept: 5.6 mView all detailsHide details
Identity
- Hole ID
- PPL1158
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 4.13
- Grade Unit
- g/t
- Intercept
- 5.6 m
- Hole Depth
- 299.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788014
- Northing
- 663015.4
- Elevation
- -351.2 m
- Azimuth
- 143.8 °
- Dip
- -15.27 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Moderate gold grade (4.13 g/t) over a moderate width (5.6m) results in a weak grade-thickness product (23 g/t·m) for an underground orogenic deposit.
Positive factors
- moderate_grade
Negative factors
- weak_gt
Evidence · text
“PPL1158 - 5.60 m @ 4.13 g/t Au (GT: 23)”
PPL1176Pilar Gold Mine · goldGrade: 3.67Grade Unit: g/tIntercept: 6.5 mView all detailsHide details
Identity
- Hole ID
- PPL1176
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 3.67
- Grade Unit
- g/t
- Intercept
- 6.5 m
- Hole Depth
- 167.2 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788013.1
- Northing
- 663015.2
- Elevation
- -349.3 m
- Azimuth
- 158.76 °
- Dip
- 26.14 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Weak gold grade (3.67 g/t) over a moderate width (6.5m) results in a weak grade-thickness product (24 g/t·m) for an underground orogenic deposit.
Positive factors
- moderate_width
Negative factors
- weak_grade
- weak_gt
Evidence · text
“PPL1176 - 6.50 m @ 3.67 g/t Au (GT: 24)”
PPL1178Pilar Gold Mine · goldGrade: 13.41Grade Unit: g/tIntercept: 1.7 mView all detailsHide details
Identity
- Hole ID
- PPL1178
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 13.41
- Grade Unit
- g/t
- Intercept
- 1.7 m
- Hole Depth
- 335.7 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788013.9
- Northing
- 663014.5
- Elevation
- -351.3 m
- Azimuth
- 169.78 °
- Dip
- -23.86 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Strong gold grade (13.41 g/t) over a narrow width (1.7m) results in a weak grade-thickness product (23 g/t·m) for an underground orogenic deposit.
Positive factors
- strong_grade
Negative factors
- narrow_intercept
- weak_gt
Evidence · text
“PPL1178 - 1.70 m @ 13.41 g/t Au (GT: 23)”
PPL1179Pilar Gold Mine · goldGrade: 5.84Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PPL1179
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 5.84
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 200.9 m
- To
- 205.9 m
- Hole Depth
- 293.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788013.8
- Northing
- 663014.9
- Elevation
- -351.3 m
- Azimuth
- 158.31 °
- Dip
- -22.09 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Strong gold grade (5.84 g/t) over a narrow width (2.0m) results in a weak grade-thickness product (12 g/t·m). The stated interval length is inconsistent with the from/to depths.
Positive factors
- strong_grade
Negative factors
- narrow_intercept
- weak_gt
- inconsistent_interval_length
Evidence · text
“2.00 m @ 5.84 g/t Au (GT: 12) from 200.90 m to 205.90 m”
PPL1179Pilar Gold Mine · goldGrade: 10.84Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- PPL1179
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 10.84
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 216.75 m
- To
- 233.9 m
- Hole Depth
- 293.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788013.8
- Northing
- 663014.9
- Elevation
- -351.3 m
- Azimuth
- 158.31 °
- Dip
- -22.09 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Strong gold grade (10.84 g/t) over a moderate width (7.0m) results in a moderate grade-thickness product (76 g/t·m). The stated interval length is inconsistent with the from/to depths.
Positive factors
- strong_grade
- moderate_gt
- moderate_width
Negative factors
- inconsistent_interval_length
Evidence · text
“7.00 m @ 10.84 g/t Au (GT: 76) from 216.75 m to 233.90 m”
PPL1179Pilar Gold Mine · goldGrade: 23.17Grade Unit: g/tIntercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- PPL1179
- Project
- Pilar Gold Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG
Geometry
- Grade
- 23.17
- Grade Unit
- g/t
- Intercept
- 2.8 m
- From
- 220.75 m
- To
- 227.6 m
- Hole Depth
- 293.5 m
Classification
- Deposit Type
- orogenic
- Program
- mixed
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 7788013.8
- Northing
- 663014.9
- Elevation
- -351.3 m
- Azimuth
- 158.31 °
- Dip
- -22.09 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- internal laboratory
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Exceptional gold grade (23.17 g/t) over a narrow width (2.8m) results in a moderate grade-thickness product (65 g/t·m). The stated interval length is inconsistent with the from/to depths.
Positive factors
- exceptional_grade
- moderate_gt
Negative factors
- narrow_intercept
- inconsistent_interval_length
Evidence · text
“including 2.80 m @ 23.17 g/t Au (GT: 65) from 220.75 m to 227.60 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.