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Vern Baker, CEO & President of Jaguar Mining will provide an update to interested stakeholders on the Company’s second quarter including Jaguar’s developments on its exploration portfolio. The presentation will be followed by

Corporate Updates

NEWS RELEASE

July 14, 2022 TSX:JAG

FOR IMMEDIATE RELEASE OTCQX:JAGGF

Jaguar Mining Announces Town Hall Meeting, July 19, 2022

__________________________________________________________________________________________

Toronto, June 14, 2022 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG, OTCQX:JAGGF)

is pleased to announce that it will host a Town Hall Meeting on July 19, 2022 at 11:30 am EST.

Vern Baker, CEO & President of Jaguar Mining will provide an update to interested stakeholders on the Company’s

second quarter including Jaguar’s developments on its exploration portfolio. The presentation will be followed by

a question-and-answer session where participants will be able to ask any questions they may have of management.

To register for the Town Hall Meeting, please click the link below:

https://www.bigmarker.com/vid-conferences/Jaguar-Mining-VID-Forum?utm_bmcr_source=JAG

The Iron Quadrangle

The Iron Quadrangle has been an area of mineral exploration dating back to the 16th century. The discovery in

1699–1701 of gold contaminated with iron and platinum -group metals in the southeastern corner of the Iron

Quadrangle gave rise to the name of the town Ouro Preto (Black Gold). The Iron Quadrangle contains world-class

multi-million-ounce gold deposits such as Morro Velho, Cuiabá, and São Bento. Jaguar holds the Third largest gold

land position in the Iron Quadrangle with just over 25,000 hectares.

About Jaguar Mining Inc.

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

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

mineral claims. 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 Mining Complex (Pilar

and Roça Grande Mines, and Caeté Plant). The Company also owns the Paciência Gold Mine Complex, which has

been on care and maintenance since 2012. The Roça Grande Mine has been on temporary care and maintenance

since April 2019. 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

Forward-Looking Statements

Certain statements in this news release constitute "forward-looking information" within the meaning of applicable Canadian securities

legislation. Forward-looking statements and information are provided for the purpose of providing information about manage ment's

expectations and plans relating to the future. All of the forward -looking information made in this news release is qualified by the

cautionary statements below and those made in our other filings with the securities regulators in Canada. Forward-looking information

contained in forward-looking statements can be identified by the use of words such as "are expected," "is forecast," "is targeted,"

"approximately," "plans," "anticipates," "projects," "anticipates," "continue," "estimate," "believe" or variations of such words and phrases

or statements that certain actions, events or results "may," "could," "would," "might," or "will" be taken, occur or be achie ved. All

statements, other than statements of historical fact, may be considered to be or include forward-looking information. This news release

contains forward-looking information regarding, among other things, expected sales, production statistics, ore grades, tonnes milled,

2

JAGUAR MINING INC.

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

recovery rates, cash operating costs, definition/delineation drilling, th e timing and amount of estimated future production, costs of

production, capital expenditures, costs and timing of the development of projects and new deposits, success of exploration, development

and mining activities, currency fluctuations, capital requirements, project studies, mine life extensions, restarting suspended or disrupted

operations, continuous improvement initiatives, and resolution of pending litigation. The Company has made numerous assumptio ns

with respect to forward-looking information contained herein, including, among other things, assumptions about the estimated timeline

for the development of its mineral properties; the supply and demand for, and the level and volatility of the price of, gold; the accuracy

of reserve and resource estimates and the assumptions on which the reserve and resource estimates are based; the receipt of

necessary permits; market competition; ongoing relations with employees and impacted communities; political and legal developments

in any jurisdiction in which the Company operates being consistent with its current expectations including, without limitation, the impact

of any potential power rationing, tailings facility regulation, exploration and mine operating licenses and permits being obt ained and

renewed and/or there being adverse amendments to mining or other laws in Brazil and any changes to general business and economic

conditions. Forward-looking information involves a number of known and unknown risks and uncertainties, including among others: the

risk of Jaguar not meeting the forecast plans regarding its operations and financial performance; uncertainties with respect to the price

of gold, labour disruptions, mechanical failures, increase in costs, environmental compliance and change in environmental leg islation

and regulation, weather delays and increased costs or production delays due to natural disasters, power disruptions, procurement and

delivery of parts and supplies to the operations; uncertainties inherent to capital markets in general (including the sometimes volatile

valuation of securities and an uncertain ability to raise new capital) and other risks inherent to the gold exploration, deve lopment and

production industry, which, if incorrect, may cause actual results to differ materially from tho se anticipated by the Company and

described herein. In addition, there are risks and hazards associated with the business of gold exploration, development, min ing and

production, including environmental hazards, tailings dam failures, industrial accidents and workplace safety problems, unusual or

unexpected geological formations, pressures, cave-ins, flooding, chemical spills, procurement fraud and gold bullion thefts and losses

(and the risk of inadequate insurance, or the inability to obtain insurance, to cover these risks). Accordingly, readers should not place

undue reliance on forward-looking information.

For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in

this news release, see the Company's most recent Annual Information Form and Management's Discussion and Analysis, as well as

other public disclosure documents that can be accessed under the issuer profile of "Jaguar Mining Inc." on SEDAR at www.sedar.com.

The forward-looking information set forth herein reflects the Company's reasonable expectations as at the date of this news release

and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward -looking

information, whether as a result of new information, future events or otherwise, other than as required by law. The forward -looking

information contained in this news release is expressly qualified by this cautionary statement.