Aura Minerals Files Ernesto/Pau-a-Pique Project NI 43-101 Technical Report and Appoints an Independent Director

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Aura Minerals Files Ernesto/Pau-a-Pique Project NI 43-101 Technical Report and Appoints an Independent Director

TORONTO, ON--(Marketwired - August 03, 2016) - Aura Minerals Inc. (TSX: ORA) (the "Company") announces that in accordance with National Instrument 43-101 and in support of the Company's July 23, 2016 news release, it has filed a technical report entitled "Technical Report and Updated Resource Estimate on the EPP Project, Mato Grosso, Brazil" (the "Technical Report").

The Technical Report was prepared on behalf of the Company by P&E Mining Consultants Inc. and is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.auraminerals.com.

The Company has commenced work on the EPP feasibility study and will provide an update on its progress in due course.

The Company is also pleased to announce the appointment of Juarez Saliba de Avelar as an independent Director of the Company. Mr. Saliba de Avelar is an engineer with an executive background running companies similar in size and significantly larger than the Company in the metals and mining space.

About Aura Minerals Inc.

Aura Minerals is a Canadian mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company's producing assets include the San Andres gold mine in Honduras and the Sao Francisco gold mine in Brazil.

On June 23, 2016 the Company completed the acquisition and assumed operational control of the Ernesto/Pau-a-Pique Project located in the southwest of Mato Grosso state, near Pontes e Lacerda in Brazil. The Company's primary technical focus for the project restart will be grade control, choice of the proper small-scale selective mining methods, and geotechnical optimization to reduce dilution, improve overall gold recovery and lower cash operating costs at this relatively high grade project.

Operations at the copper-gold-silver Aranzazu mine in Mexico have been suspended. The Company's core development asset is the copper-gold-iron Serrote da Laje project in Brazil.

For further information, please visit the Company's web site at www.auraminerals.com or contact:

Aura Minerals Inc.
Tel: (416) 649-1033
Fax: (416) 649-1044
Email: info@auraminerals.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).