Jaguar Mining Inc. announced preliminary consolidated production results for the second quarter of 2024. for the quarter, the company reported Consolidated gold production was 17,244 ounces compared to 16,177 ounces in the first quarter of this year and 16,750 ounces in the second quarter of 2023 representing a 7% increase quarter-over-quarter and a 3% increase year-over-year. Production in the quarter included the first contribution from the Faina project, which produced 414 ounces.

Consolidated tonnage processed was 170,150 tonnes at 3.59 g/t compared to 203,000 tonnes at 2.92 g/t in the second quarter of 2023. Higher grades in the second quarter reflect a focus on grade control and the contribution of higher-grade Faina ore.