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Jaguar Mining Inc.

09:56 AM EST - Jaguar Mining Inc. : Provided an update on mine development and drilling at its Faina deposit. Faina is a north-western extension of the ore zones at the Turmalina mine, as part of the Company's MTL mining complex located in the state of Minas Gerais, Brazil, approximately 130 kilometers northwest of the city of Belo Horizonte. Jaguar Mining Inc. shares T.JAG are trading unchanged at $4.51.