Jaguar Mining Inc. reports news on its gold mining, development, and exploration business in Brazil, with principal assets in the Iron Quadrangle of Minas Gerais. Company updates commonly cover operating results, gold production, sales, costs, and mine activity at the MTL Complex, including the Turmalina mine and plant, and the Caeté Complex, including the Pilar and Roça Grande mines and Caeté plant.
Recurring developments also include mineral resource and reserve updates, exploration drilling at Pilar and other Brazilian targets, technical disclosure under NI 43-101, and regulatory matters tied to mine operations, tailings management, safety, and environmental approvals. News may also address care-and-maintenance assets such as Roça Grande and the Paciência Complex, along with corporate presentations and strategy updates.
Jaguar Mining (JAGGF) has commenced a new underground diamond drilling program at the Turmalina mine in Minas Gerais, Brazil, targeting untested high-grade zones within orebody A and the Faina orebody.
The campaign follows seven drillholes totaling 2,024 m completed on the Faina depth extension down to the 640 m level, with assays pending. A dedicated 80 m underground exploration drift is being developed, expected to finish by early October 2026, to access the A/SE2 lens between the +640 m and +400 m elevations. The A/SE2 panel, about 105 m along strike by 285 m down-plunge, will be tested by 20 planned drillholes totaling approximately 2,380 m on a 50 m × 50 m grid. Orebody A has historically delivered average gold recovery of about 88.20%.
Jaguar Mining (OTCQX:JAGGF) reported strong Q2 2026 results, driven by higher production and gold prices. Revenue rose 43% year-over-year to $51.4 million, with net income at $15.5 million ($0.18 per share) versus a $6.6 million loss in Q2 2025. Adjusted net income reached $17.4 million and adjusted EBITDA was $30.7 million.
Consolidated gold production increased 19% to 13,057 ounces, led by 9,063 ounces from the Pilar Mine and 3,994 ounces from the ramping-up Turmalina Mine. Free cash flow was $6.6 million, lifting cash to $74.0 million and working capital to $23.2 million. All‑in sustaining costs were $2,840/oz, while 2026 production guidance remains 50,000–60,000 ounces.
Jaguar Mining (OTC:JAGGF) reported initial drilling results from the Faina orebody at the Turmalina mine complex, intersecting multiple high-grade gold zones. Key intercepts include 5.39m @ 11.88 g/t Au (FAI0178), 3.13m @ 22.46 g/t Au and 2.14m @ 9.01 g/t Au (FAI0182), and 3.40m @ 7.67 g/t Au (FAI0177).
The company said these results confirm continuity of mineralization, validate the geological model and support short- to medium-term mine planning. Initial industrial-scale processing of Faina ore at the MTL plant in June achieved about 70% gold recovery, compared with 55% in prior lab and pilot tests, suggesting potential for stronger economic returns, subject to further monitoring.
Jaguar Mining (OTC:JAGGF) reported Q2 2026 consolidated gold production of 13,057 oz, up 19% from 10,973 oz in Q2 2025 and about 306 oz above guidance and budget. Output comprised 9,063 oz from the Pilar mine and 3,994 oz from the ramped-up Turmalina mine, which provided roughly 31% of total production.
Pilar processed 96,020 tonnes at 3.30 g/t Au with 89% recovery, while Turmalina processed 50,190 tonnes at 2.94 g/t Au with 84% recovery, including Faina ore. Development totaled 1,955 m and drilling 11,203 m across both mines. Closing cash as of June 30, 2026 was $74.8 million (net cash $68.5 million), up from $48.3 million a year earlier. Jaguar Mining reaffirmed its 2026 guidance of 50,000–60,000 oz of gold production.
Jaguar Mining (JAGGF) has started a 5,000-metre directional drilling program at the Pilar gold mine in Minas Gerais, Brazil. The program targets three mineralized zones (BA, LPA, BF) below current 1.1 km mine workings over 10–12 months.
This work is part of a 227,200-metre, 5-year exploration plan. According to Jaguar, Pilar produced over 40,000 ounces of gold in 2025, with similar output expected in 2026, and grades, widths and ounces per vertical metre have been increasing at depth.
Jaguar Mining (JAGGF) reported first-phase diamond drilling results along the Paciencia Trend in Minas Gerais, Brazil, connecting the Chamé, Santa Isabel/Marzagão and Bahú targets into a mineralized corridor over 15 km.
The program drilled 3,764 m in 17 holes, with key intercepts including 7.85 m @ 2.03 g/t Au and 5.8 m @ 3.43 g/t Au. Paciencia hosts underground Inferred Resources of 189,000 oz Au at 4.14 g/t, and Jaguar is preparing the Santa Isabel mine for potential reopening by late 2026.
Jaguar Mining (OTC:JAGGF) reported voting results from its June 18, 2026 virtual Annual General Meeting of shareholders. All proposed resolutions were passed, including the election of seven directors and the appointment of KPMG LLP as auditors with 99.267% of votes cast in favor.
Jaguar Mining (OTCQX:JAGGF) reported new diamond drilling results from the BA Zone at the Pilar Gold Mine in Brazil. Drilling confirms down-plunge continuity of gold mineralization over about 0.6 km and shows the zone remains open at depth.
According to Jaguar Mining, consistent grades and thicknesses support high-confidence modeling for an additional 300 vertical meters beyond current mining. Standout intercepts include 5.30m @ 8.52 g/t Au, 10.00m @ 5.82 g/t Au, and 2.20m @ 18.20 g/t Au, which exceed the mine’s current average reserve grade and support the strategy to convert this exploration target into formal Mineral Resources.
Jaguar Mining (OTC:JAGGF, TSX:JAG) advanced its 5-year exploration plan in Brazil’s Iron Quadrangle by engaging Tier 1 drilling contractors Major Drilling and GEOSOL.
The expanded program targets about 227,200 meters of drilling over five years with estimated expenditures of US$43 million, focused on the high-priority Chamé and Bahú Corridor near the Santa Isabel mine and Paciência Complex.
Jaguar Mining (OTCQX:JAGGF) reported strong Q1 2026 results, with a return to profitability and a strategic restart of the MTL (Turmalina) mine.
Revenue rose 63% to $44.6M and adjusted net income reached $10.3M, supported by a 71% higher realized gold price of $4,875/oz.
The Company generated $10.1M in free cash flow, ending the quarter with $71.2M in cash, while producing 9,630 oz of gold, including 854 oz from the MTL restart and 8,776 oz from Pilar.