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

Original announcement by accesswire on

Company
Jaguar Mining Inc.
Ticker
Unavailable
Exchange
Unavailable
Region
Minas Gerais, Brazil
Primary commodity
Gold
Secondary commodities
Bismuth
Document categories
Other, Drill results
Extracted
2026-09-22 11:19:48 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Jaguar Mining has commenced a new underground diamond drilling program at the 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) using a new 80-metre exploration drift.

Reasoning: The announcement details the commencement of a new underground drilling program targeting high-potential, untested extensions of existing orebodies, which represents a significant exploration opportunity within an operating mine.

Positive factors

  • Targeting untested high-grade zones
  • Access via new underground exploration drift
  • Potential for in-mine growth within existing infrastructure
  • Strong historical metallurgical performance in Orebody A

Negative factors

  • Assay results for the Faina depth extension are still pending

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The program targets the A/SE2 lens, described as an upper-level extension of orebody A that has never been systematically drill-tested.

Evidence · text

“upper-level extension of orebody A, referred to as the A/SE2 lens, that has never been systematically drill-tested.”

QA/QC Disclosedpositive

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

Why it applies: The release names a Qualified Person (Armando José Massucatto) and references NI 43-101 standards.

Evidence · text

“reviewed and approved by Armando José Massucatto, Geologist, PhD, General Manager of Exploration for Jaguar Mining, and a "Qualified Person" as defined by National Instrument 43-101”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

Fact 1Turmalina mine · goldNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Turmalina mine
Commodity
gold
Region
brazil
Reported Region
brazil

Classification

Sample Type
drill

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Completed drilling work where results are still being processed.

Negative factors

  • Assays not yet released

Evidence · text

“To date, seven drillholes (2024m in total) have been completed testing the depth extension of the Faina orebody down to the 640m level. Core logging and sampling are underway, with assay results to be released in due course.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.