Jaguar Mining provides update on remediation efforts at Turmalina mine

Remediation Efforts at Turmalina Mine: Jaguar Mining is addressing a slump in the Satinoco dry-stack pile at its Turmalina mine, which has led to temporary suspension of operations. The company has installed geological radars, constructed sumps for water runoff management, and built a containment barrier to protect the adjacent community.

Community Support and Future Plans: Approximately 85 families have been relocated due to damage from the slump, and Jaguar Mining is committed to supporting them until they can return home. The company is also evaluating the timing and cost for resuming operations while coordinating with authorities and planning for long-term stability of the site.