Jaguar Mining Inc. (TSX: JAG CN)

Jaguar Mining Inc. (TSX: JAG CN), one of the fastest growing gold producers in the world, intends to substantially expand gold production from 70,000 ounces produced in 2007 to approximately 700,000 ounces by 2014 through its wholly-owned operations in the state of Minas Gerais, Brazil. The company is currently in active exploration and development of additional mineral resources at its 72,000 acre land base in Minas Gerais and on an additional concession base totaling 159,000 acres in the state of Ceará. For further information, visit the Company’s web site at www.jaguarmining.com.