JAG MNNG : Jaguar Mining Enterprises Schedules Meeting on Cascaronal Mine

RICHMOND, TX, Oct. 7 /PRNewswire-FirstCall/ - 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 it has scheduled a meeting with all mining project personnel in anticipation of the receipt of the permit for the Cascaronal Mine.

"A number of topics will be discussed including extraction schedule, local labor force requirements, as well as the confirmation of existing agreements related to the project," said Dale Williams, President of Jaguar Mining Enterprises, Inc. "Addressing these items and reviewing potential issues now will help to ensure a smooth transition when this project shifts into the production stage."

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. The Company specializes in the exploitation of iron ore mines with proven reserves. The Company's strategy is to locate, acquire and develop mine locations that contain sufficient quantities of iron ore and require minimal start-up costs. For additional information regarding Jaguar Mining Enterprises please visit: www.jaguarminingenterprises.com

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.

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CONTACT: For all Inquiries: Please contact a Managing Member of Microcap Management, LLC at 2004 A West 120th Avenue, Westminster, CO, 80234, Phone: [phone], Fax: [phone], Website: www.microcapmanagement.com; Jaguar Mining Enterprises, Inc., Dale E. Williams, 1860 FM 359, No.177, Richmond, TX, 77406, Phone: [phone], Fax: [phone], Email: [e-mail], Website: www.jaguarminingenterprises.com

SOURCE Jaguar Mining Enterprises, Inc.