Jaguar Minerals Ltd. appointed Mr. Peter Harold and Mr. Simon Noon to the Board. Mr. Harold will take up the position of Non-Executive Director while Mr. Noon will be appointed as Managing Director. Peter is a process engineer with over 22 years' corporate experience in the minerals industry.

He is the managing director and was one of the founders of Panoramic Resources. Peter is also chairman of Alloy Resources Limited and TUC Resources Limited. He started his career with Shell Australia in the commercial division before moving to Perth to work for Australian Consolidated Minerals Ltd. in metals marketing.

Since then he has worked for a number of gold and base metal miners in various senior management roles specializing in operations, marketing, treasury and finance, business and project development and corporate management. Simon is an experienced business executive and a founding Director of West Rock Resources. He has spent the last two years putting together West Rock's Colombian strategy, developing key local relationships and securing the existing projects and applications.

He was most recently as the Executive Director of Groote Resources Ltd. Both Mr. Harold and Mr. Noon have been appointed with immediate effect and will offer themselves for election at the company's next General Meeting of shareholders. Following the appointment of Mr. Harold and Mr. Noon, existing Director Mr. John Hannaford has kindly agreed to step down from the Board.