Jaguar Mining's Faina Orebody Drill Results Confirm Promising Gold Yields

Jaguar Mining Inc. has announced successful drilling results at the Faina orebody within the Turmalina Mine complex. Initial findings from the drilling campaign reveal multiple high-grade gold zones, such as a notable intercept of 11.88 g/t over 5.39 metres. This confirms the continuity of mineralization, validating the company's exploration strategy aimed at expanding Mineral Resources at Turmalina.

CEO Luis Albano Tondo emphasized the continuity of high-grade mineralization at Faina, which supports future resource growth at Turmalina. Additionally, the metallurgical performance of Faina ore in the plant has been encouraging, with gold recoveries reaching around 70%, a significant improvement from previous testing phases.

The company plans to continue exploring the Turmalina Mine Complex, striving to define new resources across its orebodies, aiming at further expanding the resource base and supporting full mining operations resumption at the Faina orebody.