Expanding Potential at Depth: Jaguar Mining Inc. Intercepts High Grade at Level 18

Finding High-Grade Gold

Jaguar Mining Inc. has made a significant discovery at its Pilar mine in Brazil. The company’s diamond drilling program has intercepted high-grade gold at Level 18, with an impressive estimated true width of 7.5m. This includes a remarkable 9.35 g/t Au over the estimated width, as well as an even higher grade of 33.1 g/t over 1.25m in hole PPL1102. These results are a testament to Jaguar Mining’s commitment to exploration and their ability to unlock the potential of their mining operations.

Progressing Towards Future Production

The development of access on five sub-levels at the newly defined high-grade BA zone is a significant step for Jaguar Mining. This progress will provide a solid foundation for future production at the Pilar mine, setting the stage for robust and sustainable mining operations. The company’s efforts to expand their access and tap into higher-grade ore bodies will undoubtedly have a positive impact on their overall production and bottom line.

Implications for Investors

For investors in Jaguar Mining Inc., this latest discovery could spell good news. The intersection of high-grade gold at Level 18 demonstrates the potential for increased production and profitability in the coming quarters. As the company continues to develop the BA zone and expand their access to the high-grade ore bodies, investors can look forward to strong returns on their investment.

Global Impact

On a larger scale, Jaguar Mining’s success at the Pilar mine could have ripple effects across the mining industry. The discovery of high-grade gold deposits and the company’s advancements in access development signal a positive trend for the sector as a whole. Increased production and profitability at Jaguar Mining could inspire other mining companies to invest in exploration and development, ultimately leading to a boost in global gold production.

Conclusion

Jaguar Mining Inc.’s recent achievements at the Pilar mine are a testament to the company’s dedication to exploration and innovation. The discovery of high-grade gold at Level 18 and the progress on the BA zone access development are promising signs for the future of Jaguar Mining. Investors can expect to see strong returns, while the mining industry as a whole stands to benefit from increased production and profitability. Overall, Jaguar Mining’s success has the potential to make a significant impact on both the company and the global mining sector.