Jaguar Mining Provides Schedule of Investor Outreach Program for February 2009



    
    New Corporate Presentation Available on the Company's Web Site

    JAG - TSX/NYSE Arca
    

    CONCORD, NH, Jan. 29 /CNW/ - Jaguar Mining Inc. ("Jaguar" or "the
Company") (JAG: TSX/NYSE Arca, JAG.NT: TSX) provided details of its Investor
Outreach Program for the month of February 2009. In support of the meetings
management will conduct with primarily institutional investors, the Company
has updated its Corporate Presentation, which is available on its web site at
www.jaguarmining.com.
    At the present, the schedule of management's participation in conjunction
with broker-sponsored events is as follows:

    
    February 3, 2009: TD Newcrest High Grade Gold Forum - Toronto, Ontario

    February 4, 2009: Investor meetings with clients of Blackmont Capital -
    Toronto, Ontario

    February 22-25, 2009: BMO Capital Markets 2009 Global Metals & Mining
    Conference - Hollywood, Florida
    

    None of the events noted above will be web cast and consist primarily of
one-on-one meetings with institutional investors to help them better
understand Jaguar's business plans as detailed in the Corporate Presentation.
    Interested parties should visit the Calendar of Events section under the
Investor Relations tab on the Company's web site for any additional
information management deems pertinent to its Investor Outreach Program.

    About Jaguar

    Jaguar is one of the fastest growing gold producers in Brazil with
operations in a prolific greenstone belt in the state of Minas Gerais.
Jaguar's current plan is to reach approximately 700,000 oz of sustainable
production by 2014. The Company is actively exploring and developing
additional mineral resources at its 72,000 acre land base in Minas Gerais and
on an additional 159,000 acres in the state of Ceara in the Northeast of
Brazil through a joint venture. The Company has no gold hedges in place
thereby providing the leverage to gold prices directly to its investors.
Additional information is available on the Company's website at
www.jaguarmining.com.

    Forward Looking Statements

    This press release contains forward-looking statements, within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws, concerning the Company's objective to
reach 700,000 oz of sustainable production by 2014. These forward-looking
statements can be identified by the use of the words "intends", "plans",
"expects", "expected" and "will". Forward-looking statements involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, or performance to be materially different from any future results or
performance expressed or implied by the forward-looking statements.
    These factors include the inherent risks involved in the exploration and
development of mineral properties, the uncertainties involved in interpreting
drilling results and other ecological data, fluctuating gold prices and
monetary exchange rates, the possibility of project cost delays and overruns
or unanticipated costs and expenses, uncertainties relating to the
availability and costs of financing needed in the future, uncertainties
related to production rates, timing of production and the cash and total costs
of production, changes in applicable laws including laws related to mining
development, environmental protection, and the protection of the health and
safety of mine workers, the availability of labor and equipment, the
possibility of labor strikes and work stoppages and changes in general
economic conditions. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ
materially from those described in forward-looking information, there may be
other factors that cause actions, events or results to differ from those
anticipated, estimated or intended.
    These forward-looking statements represent our views as of the date of
discussion. The Company anticipates that subsequent events and developments
may cause the Company's views to change. The Company does not undertake to
update any forward-looking statements, either written or oral, that may be
made from time to time by or on behalf of the Company subsequent to the date
of this discussion. For a discussion of important factors affecting the
Company, including fluctuations in the price of gold and exchange rates,
uncertainty in the calculation of mineral resources, competition, uncertainty
concerning geological conditions and governmental regulations and assumptions
underlying the Company's forward-looking statements, see the "CAUTIONARY NOTE"
regarding forward-looking statements and "RISK FACTORS" in the Company's
Annual Information Form for the year ended December 31, 2007 filed on System
for Electronic Document Analysis and Retrieval and available at
http://www.sedar.com and the Company's Annual Report on Form 40-F for the year
ended December 31, 2007 filed with the United States Securities and Exchange
Commission and available at www.edgar.com.

    %CIK: 0001333849




For further information:

For further information: Investors and analysts: Bob Zwerneman, Vice
President Corporate Development and Director of Investor Relations, (603)
224-4800, bobz@jaguarmining.com; Media inquiries: Valéria Rezende DioDato,
Director of Communication, (603) 224-4800, valeria@jaguarmining.com


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