Jaguar Mining Inc. is a fast growing gold producer operating in a prolific greenstone belt in the state of Minas Gerais, Brazil. Jaguar’s goal is to become a mid-sized gold producer with sustainable production between 620,000 ounces and 700,000 ounces of gold per year by 2014. The Company is producing gold at its Turmalina and Paciência operations and is currently undergoing the commissioning of the Caeté Project. Jaguar has also plans to develop the recently acquired Gurupi Project, which is located in the state of Maranhão, Brazil. Jaguar is actively exploring and developing additional mineral resources at its approximate 575,000-acre land base in Brazil. The Company has no gold hedges in place thereby providing the leverage to gold prices directly to its investors.