Jaguar Reports Q1 2015 Operating and Financial Results

 today announced its operational and financial results for the first quarter ended March 31, 2015 .

Financial Highlights  

Operational Highlights  

George Bee , President and Chief Executive Officer of Jaguar commented "In Q1 2015, we continued to pay down debt, our brownfield exploration program confirmed better grades and high value material ahead of mining, and we progressed with the turnaround of our active mining operations. Despite weaker gold prices and short term production interruptions at Turmalina, our cash operating cost per ounce performance improved and we continue implementing the changes that will lead to sustained profitability and free-cash-flow."

Scientific and technical information contained in this press release has been reviewed and approved by Marcos Dias Alvim, BSc Geo.,  MAusIMM (CP), Project Development Manager, who is an employee of Jaguar Mining Inc., and is a 'qualified person' as defined by National Instrument 43-101- Standards of Disclosure for Mineral Projects ("NI43-101").

Jaguar is a gold producer with mining operations in a prolific greenstone belt in the state of Minas Gerais, Brazil . Additionally, Jaguar wholly owns the large-scale Gurupi Development Project in the state of Maranhão, Brazil . In total, the Company owns mineral claims covering an area of approximate 197,000-hectares. Additional information is available on the Company's website at http://www.jaguarmining.com.

Footnotes  

Derrick Weyrauch , Chief Financial Officer, +1-416-628-9601, dweyrauch@jaguarmining.com