Slide 1: Q2 & YTD 2011 Earnings Conference Call
jaguarisgold Q2 & YTD 2011 Earnings Conference Call 1. Review of Q2 & YTD Financial & Operating Results 2. Actions Supporting Production Plan 3. Short Interest Influence 1 August 11, 2011
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS jaguarisgold Certain statements in this presentation constitute "Forward-Looking Statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. This presentation contains Forward-Looking Statements, concerni
Slide 3: Q2 2011 Highlights
Q2 2011 Highlights jaguarisgold 1) Record Revenue of $60.6 mm Q2 2011 vs. $36.9 mm in Q2 2010…+64% Gold Price Realized: Q22011 - $1,507 vs. $1,203 in Q2 2010 .. +25% Ounces sold: Q2 2011 – 40,184 vs. 30,646 in Q2 2010 .. +31% 2) Net Income: Q2 2011: $15.6 mm or 18¢/share vs. $14.2 mm loss or ($0.17)
Slide 4: YTD 2011 Highlights
YTD 2011 Highlights jaguarisgold 1) Revenue of $115.7 mm 1st Half 2011 vs. $77.5 mm in 1st Half 2010…+49% Gold Price Realized: 1st Half 2011 - $1,447 vs. $1,148 in 1st Half 2010 .. +26% Ounces sold: 1st Half 2011 – 79,978 vs. 67,535 in 1st Half 2010 .. +18% 2) Net Income: 1st Half 2011: $19.3 mm or
Slide 5: Consolidated Cost Profile
Consolidated Cost Profile Cash Operating Cost Per Tonne and Per Oz (Non-GAAP Measure) jaguarisgold R$ Cost per tonne $ Cost per tonne R$ Cost per oz $ Cost per oz 150 1,600 1,390 1,332 125 1,256 1,272 114 115 111 114 1,213 105 108 1,200 1,081 100 798 762 799 75 64.3 66.8 71.6 800 746 727 62.8 60.6 6
Slide 6: Cash Operating Cost and Margin
Cash Operating Cost and Margin (Non-GAAP Measure) jaguarisgold $1,500 Cash Margin Cash Cost $1,200 $708 $659 $483 $900 $/oz $511 $431 $600 $364 $732 $237 $727 $799 $300 $429 $468 $370 $346 $0 2006 2007 2008 2009 2010 Q1 2011 Q2 2011 Exchange Rate 2.17 1.95 1.84 2.02 1.76 1.67 1.59 R$/US$ 6
Slide 7: Turmalina – Q2
Turmalina – Q2 jaguarisgold • Produced 15,872 oz @ $800/oz (cash operating cost) • Ore produced: 169,815 tonnes • Ore processed: 157,764 tonnes • ROM Grade: 3.39g/t • Feed grade: 3.30 g/t • Recovery: 90% • Record 2.12 km underground development a) As of June 30th, 2011: 13 fully developed stopes, 32
Slide 8: Turmalina Cost Profile
Turmalina Cost Profile Cash Operating Cost Per Tonne and Per Oz (Non-GAAP Measure) jaguarisgold R$ Cost per tonne $ Cost per tonne R$ Cost per oz $ Cost per oz 1,595 150 1,600 1,525 1,409 123.1 123.0 125 119.9 1,248 1,272 129.3 113.2 104.6 1,200 100 998 912 899 74.4 75.4 788 755 800 75 68.8 800 62.9
Slide 9: Paciência – Q2
Paciência – Q2 jaguarisgold • Produced 12,263 oz @ $637/oz (cash operating cost) • Ore produced: 112,363 tonnes • Ore processed: 115,563 tonnes • ROM Grade: 3.50 g/t • Feed grade: 3.39 g/t • Recovery: 92% • 2.05 km underground development a) Includes 728 meters at Ouro Fino zone. Initial ore shipmen
Slide 10: Paciência Cost Profile
Paciência Cost Profile Cash Operating Cost Per Tonne and Per Oz (Non-GAAP Measure) jaguarisgold R$ Cost per tonne $ Cost per tonne R$ Cost per oz $ Cost per oz 125 1,500 1,397 103.5 115.1 1,335 1,295 106.1 108.8 106.1 100 92.5 1,200 1,117 1,013 927 75 900 66.7 62.8 59.3 60.2 61.9 700 695 55.4 651 63
Slide 11: Caeté – Q2
Caeté – Q2 jaguarisgold • Produced 12,122 oz @ $961/oz (cash operating cost) • Ore produced: 177,034 tonnes Roça Grande: 45,827, Pilar: 127,207, Oxides: 4,000 • Ore processed: 161,339 tonnes • ROM Grade: 2.86 g/t Roça Grande: 2.32 g/t, Pilar: 3.08 g/t, Oxides: 1.90 g/t • Feed grade: 2.83 g/t • Recov
Slide 12: Caeté Cost Profile
Caeté Cost Profile jaguarisgold Cash Operating Cost Per Tonne and Per Oz (Non-GAAP Measure) R$ Cost per tonne $ Cost per tonne R$ Cost per oz $ Cost per oz 1,528 150 1,500 1,357 1,405 1,361 125 113.6 113.5 1,250 109.7 107.2 100 961 1,000 776 802 850 75 68.7 71.4 750 62.7 63.2 50 500 25 250 - - Q3 Q4
Slide 13: Gurupi Project
Gurupi Project jaguarisgold • Project remains on-schedule and on-budget 2009 2010 2011 2012 2013 Gurupi Project Implementation Schedule Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility Study Land Acquisition/Community Resettlement Infrastructure Environmental Permitting – LP/L
Slide 14: Gurupi - Potential Targets
Gurupi - Potential Targets jaguarisgold 30,000 m drill program underway 3.1 million ozs existing Potential to add 2+ million ounces to resource base 14
Slide 15: Realizing JAG's "Fair" Value
Realizing JAG’s “Fair” Value Tackling the Short Interest in JAG Common Shares jaguarisgold 18% 15% 12% 9% 6% 3% 0% – Quantitative/algorithmic trading tied to hedge funds holding converts – Evaluating proposals to significantly reduce influence of non-outright convertible note holders – Action planne
Slide 16: Thank you for your continued support
jaguarisgold Thank you for your continued support 16