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Jaguar Mining
Primary Ticker:
TSX:JAG

Stage of Development: Production

Commodity: Gold

Country/Region: Canada

Market Cap: USD 402M

Project Locations: Brazil

Website: Jaguar Mining

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company in Brazil with three gold mining complexes and a large and highly prospective exploration land package. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the MTL complex (Turmalina mine and Onças de Pitangui development project) and Caeté complex (Pilar and Roça Grande mines, and Caeté plant). The Roça Grande mine has been on temporary care and maintenance since April 2019. The Company also owns the Paciência complex (Santa Isabel mine), which had been on care and maintenance since 2012 and is now undergoing development work to restart in early 2027.

Management Profile:
Luis Albano Tondo Chief Executive Officer
Mr. Albano Tondo was appointed to the role of Chief Executive Officer on August 1, 2025. Mr. Tondo is an accomplished executive with over 35 years of experience in the mining industry, having worked at C-levels across Operations, Capital Projects, and Corporate Development, consistently achieving significant results in both major and junior mining companies. He also brings valuable experience as an Independent Board Member for a couple of Junior companies. Mr. Albano Tondo has an MBA awarded by Fundação Dom Cabral – Brazil, an MEngSc by Research from the JKMRC – University of Queensland – Australia and a BSc in Mining Engineering from the Federal University of Rio Grande do Sul - Brazil. Albano is also a Fellow of the Australian Institute of Mining and Metallurgy(AusIMM).

What are your key goals for the next 3 months?:
In the last quarter of 2026, Jaguar Mining has several goals: (1) bringing its Turmalina Mine back up to full operating rate, (2) completing a 5,000 meter directional drilling program at its Pilar Mine to asses the potential below the current 1.1 km depth, (3) completing sufficient development work at its Santa Isabel Mine to begin production in 2027 , (4) receiving the final permit required for construction to start at the Onças de Pitangui development project.

What are your key goals for the next 6 months?:
Over the next 6 months (Q4 2026 and Q1 2027), Jaguar Mining anticipates undertaking the acquisition of a gold producer of equal size and future production profile.

What are your key goals for the next 12 months?:
Jaguar's primary goal is to produce over 70,000 ounces of gold by the end of 2027.

What do you think makes your company such a compelling investment?:
Up to this point, Jaguar Mining has been a 'turnaround' story. The company has now not only turned back to productivity, it has set aggressive growth goals (organically and via acquisition) with a lofty ultimate goal of being a +250,000 producer in 5 years. This growth trajectory, in combination with the supporting gold prices and highly prospective exploration ground within haulage distance to one of three mining complexes makes Jaguar a compelling investment.