Jaguar Mining Completes Filing of Technical Reports

Rhea-AI Summary

Jaguar Mining Inc. has filed independent National Instrument 43-101 Technical Reports for the Turmalina and Pilar Gold Mines. These reports validate the company's updated mineral reserves and resources, first announced on March 31, 2022. Jaguar operates three gold mining complexes in Brazil, primarily in the Iron Quadrangle region. The company controls a land package with exploration potential covering approximately 56,000 hectares. The reports are accessible via SEDAR and the company's website.

Positive

• Completion of NI 43-101 Technical Reports strengthens credibility.
• Updated mineral reserves and resources can attract investor interest.
• Significant exploration potential with 56,000 hectares of claims.

Negative

• None.

TORONTO, ON / ACCESSWIRE / April 29, 2022 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG)(OTCQX:JAGGF) is pleased to report that it has completed the filing of independent National Instrument 43-101 ("NI 43-101") "Technical Reports on the Turmalina and Pilar Gold Mines, respectively, (the "Technical Report"). The Technical Report supports the Company's updated Mineral Reserves and Mineral Resources announced in a news release dated March 31, 2022. All Company Technical Reports are available on SEDAR (www.sedar.com) and on the Company's website.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes, and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 56,000 hectares. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex. The Company also owns the Paciência Gold Mine Complex, which has been on care and maintenance since 2012. Additional information is available on the Company's website at www.jaguarmining.com.

For further information, please contact:

Vern Baker Chief Executive Officer Jaguar Mining Inc. vbaker@jaguarmining.com +55 (31) 3232-7101

Hashim Ahmed Chief Financial Officer Jaguar Mining Inc. hashim.ahmed@jaguarmining.com 416-847-1854

SOURCE: Jaguar Mining Inc.

View source version on accesswire.com:
https://www.accesswire.com/699543/Jaguar-Mining-Completes-Filing-of-Technical-Reports

FAQ

What are the recent developments for Jaguar Mining Inc. (JAGGF) as of April 2022?

In April 2022, Jaguar Mining Inc. completed the filing of NI 43-101 Technical Reports for its Turmalina and Pilar Gold Mines, confirming updated mineral reserves and resources.

Where can I find the technical reports filed by Jaguar Mining Inc. (JAGGF)?

The technical reports can be found on SEDAR at www.sedar.com and on Jaguar Mining's official website.

What is the significance of the NI 43-101 Technical Reports for Jaguar Mining Inc. (JAGGF)?

The NI 43-101 Technical Reports enhance the credibility of Jaguar Mining's resource estimates and may improve investor confidence.

How large is Jaguar Mining Inc.'s land package for exploration?

Jaguar Mining Inc. has a land package covering approximately 56,000 hectares for exploration purposes.

What are the main operational assets of Jaguar Mining Inc. (JAGGF)?

Jaguar operates three gold mining complexes primarily located in the Iron Quadrangle of Minas Gerais, Brazil.