Jaguar Mining Discovers High-Grade Zone at Pilar Mine

Jaguar Mining Inc. (TSE:JAG) has released an update.

Jaguar Mining Inc. has announced the discovery of a new high-grade mineralized zone in the BA-Torre structure of its Pilar mine in Brazil, with channel samples showing significant gold grades such as 20.2 g/t over 9.6m. This find, confirmed by recent exploration and drilling, is expected to notably enhance the mine’s production capacity, with the area showing promise for future resource development. The company has reported multiple high-grade intercepts, indicating the potential of this zone to be a substantial asset for the mine.

For further insights into TSE:JAG stock, check out TipRanks’ Stock Analysis page.