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Mining

In 2002, Brazilian Resources, Inc. and IMS Empreendimentos Ltda. founded Jaguar Mining Inc., a gold mining and exploration company with properties in a prolific greenstone belt in the state of Minas Gerais, Brazil. In five years, the company developed several surface and underground gold mines and built three processing plants. Today, Jaguar Mining is one of the fastest growing gold producers in Brazil, with a plan to become a mid-sized gold producer over the next several years. Jaguar is actively exploring and developing additional mineral resources at its 93,000 acre land base in Minas Gerais and on an additional concession base totaling 182,000 acres in the state of Ceará in the northeast of Brazil through a joint venture.

Jaguar is a Canadian-chartered entity with its headquarters in Concord, New Hampshire, USA. The common shares of Jaguar are listed on the Toronto Stock Exchange and the NYSE under the symbol JAG.

Brazilian Resources owns 1,613,692 shares of Jaguar Mining as of September 30, 2009.

For more information about Jaguar Mining, please visit the company's website www.jaguarmining.com.

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This page was created on Sun Sep 5, 2010 at 10:15:45 AM Pacific Time.