# Jaguar Mining Intersects High-Grade Gold at Faina Orebody, Confirming Continuity of Mineralization at Turmalina Mine Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910 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: 2026-09-14 06:27:59 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 complex. The drilling confirms mineralization continuity and supports resource expansion, while initial industrial metallurgical testing shows improved gold recoveries of approximately 70%. Reasoning: Strong high-grade gold intercepts with true width disclosure and significant metallurgical recovery improvement in industrial circuit. - Positive factor: High-grade gold intercepts - Positive factor: True width disclosed - Positive factor: Continuity confirmed - Positive factor: Improved metallurgical recovery - Negative factor: Preliminary metallurgical results Facts used in scoring: 9 ## Classification and evidence **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: Estimated true width is provided for all reported intercepts in Table 1. Evidence · table > 3.40 Context: 3.77 **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 is reviewed and approved by a Qualified Person \(Armando José Massucatto\). Evidence · text > reviewed and approved by Armando José Massucatto **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The 28.46 g/t Au sub-interval is exceptionally high grade. Evidence · table > 28.46 Context: 2.51 **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 70% recovery in industrial circuit is strong for the context of improving from 55%. Evidence · text > gold recoveries reaching approximately 70% **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### FAI0177 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-0) Faina orebody · gold #### Identity - Hole ID: FAI0177 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 62.63 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0177:62.63-66.4 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511704.91 - Northing: 7818444.26 - Elevation: 416.67 m - Azimuth: 305 ° - Dip: -43.87 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 7.67 g/t gold over 3.77m is a strong intercept for an orogenic system. - Positive factor: High grade Evidence · table > 7.67 Context: 3.77 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.4 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0177 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-1) Faina orebody · gold #### Identity - Hole ID: FAI0177 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 62.63 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0177:62.63-64.45 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511704.91 - Northing: 7818444.26 - Elevation: 416.67 m - Azimuth: 305 ° - Dip: -43.87 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: High grade 13.67 g/t gold sub-interval. - Positive factor: Bonanza grade sub-interval Evidence · table > 13.67 Context: 1.82 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.64 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0178 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-2) Faina orebody · gold #### Identity - Hole ID: FAI0178 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 51 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0178:51-56.54 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511705.01 - Northing: 7818441.36 - Elevation: 416.46 m - Azimuth: 256.1 ° - Dip: -37.13 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 11.88 g/t over 5.39m is a very strong intercept for an orogenic system. - Positive factor: Strong grade and width Evidence · table > 11.88 Context: 5.54 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.39 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0178 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-3) Faina orebody · gold #### Identity - Hole ID: FAI0178 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 51 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0178:51-54.61 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511705.01 - Northing: 7818441.36 - Elevation: 416.46 m - Azimuth: 256.1 ° - Dip: -37.13 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: High grade 17.99 g/t gold sub-interval. - Positive factor: Bonanza grade sub-interval Evidence · table > 17.99 Context: 3.61 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.58 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0182 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-4) Faina orebody · gold #### Identity - Hole ID: FAI0182 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 80.33 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:80.33-82.52 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511882.13 - Northing: 7818501.05 - Elevation: 400.86 m - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 9.01 g/t gold over 2.19m is a moderate intercept for an orogenic system. Evidence · table > 9.01 Context: 2.19 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.14 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0182 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-5) Faina orebody · gold #### Identity - Hole ID: FAI0182 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 182.3 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:182.3-185.5 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511882.13 - Northing: 7818501.05 - Elevation: 400.86 m - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 22.46 g/t gold over 3.2m is a strong intercept for an orogenic system. - Positive factor: High grade Evidence · table > 22.46 Context: 3.2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.13 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### FAI0182 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-drill-facts-6) Faina orebody · gold #### Identity - Hole ID: FAI0182 - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: 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 - Intercept Depth: 182.3 m #### Classification - Deposit Type: orogenic - Program: resource - Sample Type: drill - Group ID: FAI0182:182.3-184.81 - Mining Method: underground #### Location - Location: Faina orebody - Easting: 511882.13 - Northing: 7818501.05 - Elevation: 400.86 m - Azimuth: 254.88 ° - Dip: -35.48 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 28.46 g/t gold sub-interval is exceptionally high grade. - Positive factor: Bonanza grade sub-interval Evidence · table > 28.46 Context: 2.51 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.4 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## Metallurgical Results (2) ### industrial circuit [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-metallurgical-facts-7) Faina orebody · gold #### Identity - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Test Work - Program Status: optimization - Test Type: industrial circuit - Processing Route: pre-oxidation, industrial circuit - Sample: Faina ore in the MTL plant industrial circuit #### Recovery - Recovery: 70 % - Recovery Basis: actual\_test #### Location - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: 70% recovery in industrial circuit is a significant improvement over 55% in lab/pilot tests. - Positive factor: Recovery improvement - Negative factor: Preliminary results Evidence · text > gold recoveries reaching approximately 70% in the industrial circuit #### Tags used in scoring **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 70% is below the weak band \(80%\) ### laboratory and pilot-scale testing [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-intersects-high-grade-gold-at-faina-orebody-confirming-continuity--64b1f828-976c-4035-a740-89444a276910#fact-metallurgical-facts-8) Faina orebody · gold Historical result Needs review: historical\_restatement #### Identity - Project: Faina orebody - Commodity: gold - Region: brazil - Reported Region: Minas Gerais, Brazil - Ticker: JAG #### Test Work - Program Status: scoping - Test Type: laboratory and pilot-scale testing - Sample: Faina ore in laboratory and pilot-scale testing #### Recovery - Recovery: 55 % - Recovery Basis: actual\_test #### Location - Loc. Confidence: medium #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-07-27T00:00:00.000Z Reasoning: Historical baseline recovery of 55%. Evidence · text > 55% observed during previous lab and pilot testing #### Tags used in scoring **Pilot Scale Complete** Polarity: positive Definition: Pilot or demonstration plant testing completed under continuous operation. Why it applies: test\_type names pilot-scale work **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 55% 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.