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Wednesday, 01/06/2010 7:31:38 AM

Wednesday, January 06, 2010 7:31:38 AM

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JAGR news>Jaguar Mining Enterprises Provides Shareholder Update

RICHMOND, TX, Jan 06, 2010 (MARKETWIRE via COMTEX) -- Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR), is pleased to provide an update to its shareholders regarding current activities and anticipated developments for the new year.

Jaguar CEO Dale Williams commented: "Now that the holiday season is behind us, we wanted to take the opportunity to remind our shareholders that Jaguar Mining is continuing with our plans to commence production on the Cascaronal mine this month, and as we move forward into 2010 we remain steadfast with our goal of positive cash flow by end of year. We anticipate demand for iron ore to remain strong, and we intend to position ourselves to take advantage of that demand to create growth which will lead to increased value for our shareholders."

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