Jaguar Mining Mourns the Loss of Board Director John Ellis

Jaguar Mining Inc., based in Toronto, ON, has announced the unfortunate passing of John Ellis, a distinguished member of its Board of Directors. Mr. Ellis, who had been serving on the Board since June 24, 2016, contributed to the Company's Corporate Governance & Compensation Committee and Safety, Environmental, Technical and Reserves Committee.

With a prestigious career spanning over five decades in the mining sector, Mr. Ellis held significant roles across the industry. His leadership positions included Director of Mexivada Mining Corp., Chairman and CEO of AngloGold North America and Hudson Bay Mining and Smelting Company, in addition to senior roles at Inspiration Resources Corp. and CVRD-Inco.

Jeff Kennedy, Chairman of the Board at Jaguar Mining, expressed the collective grief of the Company, highlighting John Ellis's vast knowledge and fervent passion for mining, which were instrumental to the successes Jaguar has achieved. The Company extends its deepest condolences to Mr. Ellis's family during this time of loss.