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
Extracted
2026-09-14 06:48:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Jaguar Mining reported positive drill results from the BA Zone at its Pilar Gold Mine in Minas Gerais, Brazil, confirming down-plunge continuity of gold mineralization. Key intercepts include 4.50 m at 26.20 g/t Au and 2.80 m at 23.17 g/t Au within a broader zone. These results support long-term mine planning and will inform a planned directional drilling program in Q2 2026 aimed at expanding the zone's depth extent.

Reasoning: The drilling results confirm high-grade gold mineralization and down-plunge continuity at the BA Zone, supporting future resource expansion and long-term mine planning at the Pilar Gold Mine.

Positive factors

  • High-grade gold intercepts
  • Confirmation of down-plunge continuity
  • Support for long-term mine planning and exploration
  • Planned directional drilling to expand resource
  • Robust geological understanding of the BA Zone

Negative factors

  • True width not disclosed for intercepts

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 8

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept in hole PPL1206 of 4.50 m @ 26.20 g/t Au exceeds the 15 g/t exceptional threshold for underground orogenic gold.

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: The sub-interval in hole PPL1179 of 2.80 m @ 23.17 g/t Au exceeds the 15 g/t exceptional threshold for underground orogenic gold.

Evidence · text

“including 2.80 m @ 23.17 g/t Au (GT: 65) from 220.75 m to 227.60 m”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling results support the down-plunge continuity of the BA mineralization and future plans include a directional drilling program to expand the down-plunge extent.

Evidence · text

“Drilling supports down-plunge continuity of the BA mineralization and confirms multiple high-grade intercepts”

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 that PPL drillholes are sent to an internal laboratory and pulps are often sent to ALS Brazil (an internationally certified lab) for external check assaying, and the information was reviewed by a Qualified Person.

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. The scientific and technical information contained in this press release has been reviewed and approved by Armando José Massucatto, PhD FAusIMM, Jaguar Mining General Manager of Exploration and a Qualified Person as defined by National Instrument 43-101”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported intercepts are given as downhole lengths with no mention of true width or drill orientation relative to the structure.

Evidence · text

“PPL1205 - 2.50 m @ 12.05 g/t Au (GT: 30)”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program included 3,696.00 meters for infill drilling.

Evidence · text

“A total of 9,493.50 meters was drilled, distributed as follows: 3,618.60 meters for grade control, 3,696.00 meters for infill, and 2,178.90 meters for exploration.”

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 details
Link to this fact

Identity

Hole ID
PPL1205
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
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

Location
BA Zone
Easting
7788014.2
Northing
663012.7
Elevation
-349.1 m
Azimuth
225.29 °
Dip
32.32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 2.50 m at 12.05 g/t Au is a strong result for an underground orogenic gold deposit, contributing to the confirmed continuity of the BA Zone.

Positive factors

  • Strong gold grade for underground mining
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1205 - 2.50 m @ 12.05 g/t Au (GT: 30)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1206Pilar Gold Mine · goldGrade: 26.2Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
PPL1206
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
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

Location

Location
BA Zone
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 4.50 m at 26.20 g/t Au is an exceptional bonanza-grade result for an underground orogenic gold deposit, significantly enhancing the confirmed continuity of the BA Zone.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Good intercept width
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1206 - 4.50 m @ 26.20 g/t Au (GT: 118)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1158Pilar Gold Mine · goldGrade: 4.13Grade Unit: g/tIntercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
PPL1158
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
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

Location
BA Zone
Easting
7788014
Northing
663015.4
Elevation
-351.2 m
Azimuth
143.8 °
Dip
-15.27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 5.60 m at 4.13 g/t Au is a moderate result for an underground orogenic gold deposit, providing good width and supporting the confirmed continuity of the BA Zone.

Positive factors

  • Moderate gold grade for underground mining
  • Good intercept width
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1158 - 5.60 m @ 4.13 g/t Au (GT: 23)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1176Pilar Gold Mine · goldGrade: 3.67Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
PPL1176
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
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

Location
BA Zone
Easting
7788013.1
Northing
663015.2
Elevation
-349.3 m
Azimuth
158.76 °
Dip
26.14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 6.50 m at 3.67 g/t Au is a moderate result for an underground orogenic gold deposit, providing good width and supporting the confirmed continuity of the BA Zone.

Positive factors

  • Moderate gold grade for underground mining
  • Good intercept width
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1176 - 6.50 m @ 3.67 g/t Au (GT: 24)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1178Pilar Gold Mine · goldGrade: 13.41Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
PPL1178
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
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

Location
BA Zone
Easting
7788013.9
Northing
663014.5
Elevation
-351.3 m
Azimuth
169.78 °
Dip
-23.86 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 1.70 m at 13.41 g/t Au is a strong result for an underground orogenic gold deposit, contributing to the confirmed continuity of the BA Zone.

Positive factors

  • Strong gold grade for underground mining
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1178 - 1.70 m @ 13.41 g/t Au (GT: 23)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1179Pilar Gold Mine · goldGrade: 5.84Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PPL1179
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
JAG

Geometry

Grade
5.84
Grade Unit
g/t
Intercept
2 m
From
200.9 m
To
202.9 m
Hole Depth
293.5 m
Intercept Depth
200.9 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PPL1179:200.9-202.9
Mining Method
underground

Location

Location
BA Zone
Easting
7788013.8
Northing
663014.9
Elevation
-351.3 m
Azimuth
158.31 °
Dip
-22.09 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 2.00 m at 5.84 g/t Au is a moderate result for an underground orogenic gold deposit, contributing to the confirmed continuity of the BA Zone.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“PPL1179 - 2.00 m @ 5.84 g/t Au (GT: 12) from 200.90 m to 205.90 m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1179Pilar Gold Mine · goldGrade: 10.84Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
PPL1179
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
JAG

Geometry

Grade
10.84
Grade Unit
g/t
Intercept
7 m
From
216.75 m
To
223.75 m
Hole Depth
293.5 m
Intercept Depth
216.75 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PPL1179:216.75-223.75
Mining Method
underground

Location

Location
BA Zone
Easting
7788013.8
Northing
663014.9
Elevation
-351.3 m
Azimuth
158.31 °
Dip
-22.09 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 7.00 m at 10.84 g/t Au is a strong result with good width for an underground orogenic gold deposit, significantly confirming the continuity of the BA Zone.

Positive factors

  • Strong gold grade for underground mining
  • Good intercept width
  • Confirms continuity of mineralization

Negative factors

  • Apparent width only

Evidence · text

“7.00 m @ 10.84 g/t Au (GT: 76) from 216.75 m to 233.90 m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

PPL1179Pilar Gold Mine · goldGrade: 23.17Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
PPL1179
Project
Pilar Gold Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
JAG

Geometry

Grade
23.17
Grade Unit
g/t
Intercept
2.8 m
From
220.75 m
To
223.55 m
Hole Depth
293.5 m
Intercept Depth
220.75 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PPL1179:220.75-223.55
Mining Method
underground

Location

Location
BA Zone
Easting
7788013.8
Northing
663014.9
Elevation
-351.3 m
Azimuth
158.31 °
Dip
-22.09 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
internal laboratory and ALS Brazil
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-02T00:00:00.000Z

Reasoning: The intercept of 2.80 m at 23.17 g/t Au is an exceptional bonanza-grade result for an underground orogenic gold deposit, highlighting a high-grade core within the broader mineralized zone and confirming continuity.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms continuity of mineralization within a broader zone

Negative factors

  • Apparent width only

Evidence · text

“including 2.80 m @ 23.17 g/t Au (GT: 65) from 220.75 m to 227.60 m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.