SOURCE: Jaguar Mining Enterprises, Inc.

August 18, 2009 08:30 ET

Jaguar Mining Enterprises, Inc. Retains MicroCap Management, LLC as Its Lead Corporate Communications and Broker Relations Firm

RICHMOND, TX--(Marketwire - August 18, 2009) - Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR), an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in Mexico, announced today that the Company's Board of Directors has approved MicroCap Management, LLC as the front-runner of its full media campaign. MicroCap Management has created a strategic corporate communications media plan that will provide a launch pad for Jaguar's present and future business, driven by the progressive vision of the Company's Senior Executive Officers.

Dale E. Williams, President and CEO of Jaguar Mining Enterprises, Inc., commented, "We are very excited to have MicroCap Management involved to assist us in increasing the awareness of Jaguar Mining Enterprises in the marketplace." William Sears, Managing Director of MicroCap Management, LLC, stated, "We are thrilled to have Jaguar Mining Enterprises, Inc. on board, and we're extremely enthusiastic about the future of this program."

MicroCap Management, LLC, headquartered in Westminster, Colorado, is a Corporate Communications Firm that utilizes business-to-business marketing strategies and extensive relationships with major investment web portals, including its own online financial publication which can be accessed at www.microcapmanagement.com, to promote growth for publicly traded companies. Its Managing Directors possess 30+ years' experience in marketing and advertising for OTC and Fortune 500 companies.

MicroCap Management's core philosophy is to allow its corporate clients to focus on their core business while MicroCap Management, LLC manages its corporate communications, and in doing so has taken microcap companies that were once acorns to a market penetration level of mature oak trees. As a side benefit, these strategies often assist in building the consumer markets as well, which in turn can contribute to help increase the client's revenue.

Additionally, MicroCap Management's programs help companies meet pre-requisite criteria to qualify for listing on premier exchanges such as NASDAQ, AMEX and NYSE.

About Jaguar Mining Enterprises, Inc.:

Jaguar Mining Enterprises, Inc. is an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in Mexico. We specialize in the exploitation of iron ore mines with proven reserves.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.

To view full disclosure and disclaimer, please visit the MicroCap Management, LLC home page at www.microcapmanagement.com.

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