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Jaguar Mining Confirms High-Grade Continuity at Pilar Mine’s BA Zone

Story Highlights
  • Jaguar Mining’s latest BA Zone drilling at the Pilar mine confirms down-plunge gold continuity with multiple high-grade intercepts, supporting its geological model.
  • The company is preparing a new BA Zone resource estimate and a Q2 2026 directional drilling campaign, reinforcing Pilar’s long-term role in Jaguar’s growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jaguar Mining Confirms High-Grade Continuity at Pilar Mine’s BA Zone

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Jaguar Mining ( (TSE:JAG) ) has shared an update.

Jaguar Mining reported new drilling results from the BA Zone at its Pilar gold mine in Minas Gerais, Brazil, confirming strong down-plunge continuity of gold mineralization and multiple high-grade intercepts. The program, totaling 9,493.5 meters across grade control, infill, and exploration drilling, showed grades and thicknesses in line with the company’s geological model, reinforcing confidence in the zone’s potential.

Management said the 2025 drilling results support a directional drilling campaign set to begin in the second quarter of 2026 to test deeper extensions of the BA Zone and improve targeting efficiency. A new resource estimate for the BA Zone is in the final review stage and expected in a forthcoming technical report, underscoring the Pilar mine’s long-term potential and its importance to Jaguar’s five-year exploration and growth plan.

The most recent analyst rating on (TSE:JAG) stock is a Hold with a C$8.50 price target. To see the full list of analyst forecasts on Jaguar Mining stock, see the TSE:JAG Stock Forecast page.

Spark’s Take on TSE:JAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:JAG is a Neutral.

The overall stock score is primarily influenced by the company’s strong technical indicators, suggesting positive market momentum. However, this is offset by financial performance challenges, including declining revenues and profitability issues, as well as a negative valuation due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on TSE:JAG stock, click here.

More about Jaguar Mining

Jaguar Mining Inc. is a Canada-based gold mining company focused on operating and developing underground mines in Brazil’s Minas Gerais state. The company’s primary production comes from the Pilar mine and other regional assets, with a strategy centered on disciplined exploration and organic growth to sustain and expand its gold resource base.

YTD Price Performance: 28.08%

Average Trading Volume: 211,069

Technical Sentiment Signal: Hold

Current Market Cap: C$789.5M

Find detailed analytics on JAG stock on TipRanks’ Stock Analysis page.

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