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Jaguar Mining Inc.

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Summary

Project:

Turmalina Complex

Deposit:Turmalina Mine - Orebody A
Location:Brazil
Commodities:Gold
Date:7/13/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:13-7-2016: Jaguar Mining Inc. announces an Exploration/Drilling Update report for its Turmalina Mine - Orebody A deposit at the Turmalina Complex project. Drilling results incl. 20.70m @ 12.87g/t Au from 141.7m. Toronto, Canada, July 13, 2016 - Jaguar Min
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Marcos Dias Alvim (Internal)
ABSTRACT:Toronto, Canada, July 13, 2016 - Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX-V: JAG) today announced multiple high-grade drill intercepts generated from 46 infill drill holes (7,310 metres from a total of a 7,842 metre program) designed to test the current indicated and inferred resource envelope of Orebody A at Turmalina Gold Mine (“Turmalina”). The 46 drill holes do not include four additional holes (532 metres) that are pending assay results. Rodney Lamond, President and Chief Executive Officer of Jaguar, stated: “These drilling results are highly significant as they represent the first phase of infill drilling programs focused on increasing the geological confidence of Orebody A at Turmalina. Drilling results confirm that the high-grade mineralization recently mined from Orebody A continues 170 metres below the current working production levels, with grades persisting at depth. In addition, these results also reinforce the excellent potential to expand Orebody A downplunge, as well as potentially increasing mineral resources as we work towards upgrading current inferred resources to a higher category. We are continuing with our infill drilling programs on Orebody A as a priority target given the excellent grades and widths we have encountered. In addition to this program, we are initiating a deep drilling program on Orebody C, expected to commence during Q3 2016, in an effort to identify higher grade mineralized ore shoots within Orebody C to augment the main production from Orebody A.”

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