Tue. Aug 19th, 2025

Jaguar Mining Inc. has released an update on its exploration activities at the BA Zone of the Pilar Mine, located in Brazil. The company has reported multiple high-grade gold intercepts, highlighting the potential for significant resource expansion at the mine. The exploration program at the BA Zone is part of the company’s ongoing efforts to increase gold production and extend the life of the Pilar Mine. The BA Zone is a key area of focus for Jaguar Mining, with the company aiming to define a new mineral resource in this region. The recent drill results have confirmed the presence of high-grade gold mineralization at the BA Zone, with intercepts including 3.78 grams per tonne (g/t) gold over 7.0 meters and 3.45 g/t gold over 9.0 meters. These results demonstrate the potential for significant resource expansion at the Pilar Mine, which is one of Jaguar Mining’s flagship assets. The company has a strong track record of exploration success at the Pilar Mine, with previous drill programs having identified new mineral resources and extended the life of the mine. The BA Zone is a priority area for exploration, with the company planning to conduct further drilling and sampling in the coming months. The exploration program at the BA Zone is being led by Jaguar Mining’s experienced exploration team, which has a deep understanding of the geology and mineralization of the Pilar Mine. The company is using a combination of diamond drilling and reverse circulation drilling to test the extent of the gold mineralization at the BA Zone. The drill results are being analyzed and interpreted by Jaguar Mining’s geologists, who are using the data to refine the company’s understanding of the geology and mineralization of the BA Zone. The company is also conducting metallurgical testing and sampling to determine the characteristics of the gold mineralization and to optimize the mining and processing of the ore. The Pilar Mine is a significant gold producer, with a history of production dating back to 2014. The mine has produced over 1 million ounces of gold to date, and Jaguar Mining is committed to extending the life of the mine through ongoing exploration and development. The company has a strong commitment to safety and sustainability, with a focus on minimizing the environmental impact of its operations and maximizing the benefits to local communities. Jaguar Mining is a Canadian-based gold mining company with a focus on Brazil, where it operates the Pilar Mine and the Turmalina Mine. The company has a strong track record of exploration success and a commitment to creating value for its shareholders. The recent exploration results at the BA Zone are a significant development for Jaguar Mining, highlighting the potential for significant resource expansion and increased gold production at the Pilar Mine. The company will continue to update the market on its exploration activities and progress at the BA Zone, with further drill results and analysis expected in the coming months. The exploration program at the BA Zone is a key part of Jaguar Mining’s growth strategy, which is focused on increasing gold production and extending the life of its mines. The company is well-positioned to achieve its growth objectives, with a strong balance sheet and a experienced management team. The recent exploration results at the BA Zone are a testament to the company’s exploration expertise and its commitment to creating value for its shareholders.

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