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JAG.TO ·

Jaguar Mining Completes Filing of Annual Information Form __________________________________________________________________________________________

Financials

1

JAGUAR MINING INC.

First Canadian Place, 100 King Street West, 56th Floor, Toronto, Ontario, Canada M5X 1C9 T: 416-847-1854

NEWS RELEASE

March 31, 2023 TSX:JAG

FOR IMMEDIATE RELEASE OTCQX:JAGGF

Jaguar Mining Completes Filing of Annual Information Form

__________________________________________________________________________________________

Toronto, March 31, 202 3 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG, OTCQX:JAGGF)

announces that the Company has filed its annual information form for the year ended December 31, 202 2, which

adds additional disclosures to the December 31, 202 2 annual financial statements and management discussion

and analysis already filed by the Company on March 30, 2023 and available on SEDAR.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian -listed junior gold mining, development, and explora tion company operating in

Brazil with three gold mining complexes, and a large land package with significant upside exploration potential from

mineral claims covering an area of approximately 5 8,000 hectares. 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 Turmalina

Gold Mine Complex and Caeté Gold Mine Complex. The Company also owns the Paciência Gold Mine Complex,

which has been on care and maintenance since 2012. Additional information is available on the Company's website

at www.jaguarmining.com.

For further information please contact:

Vernon Baker

Chief Executive Officer

Jaguar Mining Inc.

[email protected]

416-847-1854

Hashim Ahmed

Chief Financial Officer

Jaguar Mining Inc.

[email protected]

416-847-1854