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Jaguar Mining Reports Strong Drill Results At Santa Barbara.

CONCORD, N.H. -- Jaguar Mining Inc. ("Jaguar") (JAG-TSX) has intersected significant gold grades and widths at the Pilar Property, which is part of its Santa BEirbara Region.The Pilar Property is located in an area with good infrastructure, 100 km east of the city of Belo Horizonte,

Minas Gerais, Brazil, in the Iron Quadrangle greenstone belt.

The assay results include sulfide grades of 24.31 g/t over 7.65 m, 21.84 g/t over 1.75 m, 21.51 g/t over 2.20 m, 16.15 g/t over 2.45 m, 16.12 g/t over 3.35 m, 11.73 g/t over 3.4 m, 8.17 g/t over 5.75 m and 6.49 g/t over 10.5m.The property is open on strike and at depth.The drill core recovery approached 100%. 

---------------------------------------------------------------------
                 Coordinates      Elevation   Length   Azimuth    Dip
Hole  ---------------------------------------------------------------
                N           E         (m)      (m)     degree  degree
---------------------------------------------------------------------
---------------------------------------------------------------------

PMS-06       7,789,243    662,674    828.7    261.35      313    -75

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PMS-07       7,789,259    662,699    824.1    151.30      313    -62
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PMS-08       7,789,243    662,674    828.7    292.70      313    -65

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PMS-10       7,789,233    662,687    826.3    189.25      313    -60
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PMS-11       7,789,212    662,676    829.1    319.10 Vertical    -90
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PMS-12       7,789,233    662,687    826.3    224.80 Vertical    -90
---------------------------------------------------------------------

PMS-13       7,789,180    662,668    830.5    290.23 Vertical    -90
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---------------------------------------------------------------------
                                     Intervals
Hole    -------------------------------------------------------------
                   From (m)         To (m)        Grade    Thickness
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