# Jaguar Mining Reports on Ongoing Exploration Drilling at the BA Zone of the Pilar Gold Mine, Brazil Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc Original source: https://money.tmx.com/en/quote/JAG/news/6865682041188120/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila Publisher: tmx Original announcement: 2026-03-02T12:00:00.000Z 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: None reported - Document categories: Drill results - Extracted: 2026-09-14 06:48:19 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: High-grade gold intercepts - Positive factor: Confirmation of down-plunge continuity - Positive factor: Support for long-term mine planning and exploration - Positive factor: Planned directional drilling to expand resource - Positive factor: Robust geological understanding of the BA Zone - Negative factor: 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 Intercept** Polarity: positive Definition: 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 Intercept** Polarity: positive Definition: 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 Extension** Polarity: positive Definition: 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 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 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 Only** Polarity: negative Definition: 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 Drilling** Polarity: neutral Definition: 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) ### PPL1205 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-0) Pilar Gold Mine · gold #### 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 factor: Strong gold grade for underground mining - Positive factor: Confirms continuity of mineralization - Negative factor: Apparent width only Evidence · text > PPL1205 - 2.50 m @ 12.05 g/t Au \(GT: 30\) #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1206 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-1) Pilar Gold Mine · gold #### 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 factor: Exceptional bonanza gold grade for underground mining - Positive factor: Good intercept width - Positive factor: Confirms continuity of mineralization - Negative factor: Apparent width only Evidence · text > PPL1206 - 4.50 m @ 26.20 g/t Au \(GT: 118\) #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1158 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-2) Pilar Gold Mine · gold #### 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 factor: Moderate gold grade for underground mining - Positive factor: Good intercept width - Positive factor: Confirms continuity of mineralization - Negative factor: Apparent width only Evidence · text > PPL1158 - 5.60 m @ 4.13 g/t Au \(GT: 23\) #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1176 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-3) Pilar Gold Mine · gold #### 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 factor: Moderate gold grade for underground mining - Positive factor: Good intercept width - Positive factor: Confirms continuity of mineralization - Negative factor: Apparent width only Evidence · text > PPL1176 - 6.50 m @ 3.67 g/t Au \(GT: 24\) #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1178 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-4) Pilar Gold Mine · gold #### 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 factor: Strong gold grade for underground mining - Positive factor: Confirms continuity of mineralization - Negative factor: Apparent width only Evidence · text > PPL1178 - 1.70 m @ 13.41 g/t Au \(GT: 23\) #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1179 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-5) Pilar Gold Mine · gold #### 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 factor: Moderate gold grade for underground mining - Positive factor: Confirms continuity of mineralization - Negative factor: 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 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1179 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-6) Pilar Gold Mine · gold #### 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 factor: Strong gold grade for underground mining - Positive factor: Good intercept width - Positive factor: Confirms continuity of mineralization - Negative factor: 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 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### PPL1179 [Link to this fact](https://atlas-extractions.minestarters.com/news/jaguar-mining-reports-on-ongoing-exploration-drilling-at-the-ba-zone-of-the-pila--ce7bf572-41ee-4b9f-bab6-3a52757a5ffc#fact-drill-facts-7) Pilar Gold Mine · gold #### 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 factor: Exceptional bonanza gold grade for underground mining - Positive factor: Confirms continuity of mineralization within a broader zone - Negative factor: 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 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 **Infill Drilling** Polarity: neutral Definition: 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.