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Jaguar Mining Inc.

09:53 AM EST - Jaguar Mining Inc. : Announced that the planned directional drilling program at the Company's Pilar gold mine began earlier this week. The 5,000 metres of specialized drilling will explore three mineralized zones below the current Pilar mine workings which now extend to a depth of 1,100 metres. Jaguar Mining Inc. shares T.JAG are trading up $0.07 at $5.23.