Aura Minerals Files Ernesto/Pau-a-Pique Project NI 43-101 Technical Report and Appoints an Independent Director
TSX: OR RA 155 Uni iversity Avenu ue – Suite 12 ntario M5H 3B7 Toronto, On P Phone: 416.64 49.1033 Fax x: 416.649.10 Em mail: [email protected] om om Webs site: www.auraminerals.co
Au ura Minerals s Files Erne esto/Pau-a-Pique Proje ect NI 43-10 01 Technica al Report and A Appoints an n Independe ent Director r
TORONT TO, ON - (August 3, 2016) - A Aura Minera als Inc. (TS SX: ORA) (the “Comp pany”) announces that in ac with National Instrument 43-101 and in support o of the Company’s ccordance w July 23, 2016 news s release, it has filed a technical report entitled “Techn nical Report t and Updated Resource E Estimate on the EPP Pro oject, Mato G Grosso, Braz zil” (the “Tec chnical Repo ort”).
The Tech hnical Report was prepa ared on behalf of the Co ompany by P P&E Mining Consultants s Inc. and is a available un nder the Co ompany’s profile on SEDAR at w www.sedar.c com and on n the Company y’s website a at www.aura aminerals.co om.
The Com mpany has commenced work on the e EPP feasib bility study a and will provide an upda ate on its progre ess in due co ourse.
e the appointment of Juarez Saliba de Avelar a The Com mpany is als so pleased to
- announce as an
mpany. Mr. Saliba de A independ dent Director of the Com Avelar is an n engineer w with an exec cutive und running companies similar in size and sign e Company in the backgrou nificantly larg ger than the metals and mining sp pace.
About A Aura Mineral ls Inc.
| Aura Mi | nerals is a | Canadian | mid-tier gold | and copp | er productio | n company | focused o | n the |
| develop | ment and op | eration of | gold and ba | se metal pr | ojects in th | e Americas. | The Comp | any's |
| producin | g assets in | clude the S | an Andres g | old mine in | Honduras | and the Sa | o Francisco | gold |
| mine in B | razil. | he Compan | y completed | the acquisi | sumed oper | ational cont | rol of | |
| On June | 23, 2016 t | tion and as | ||||||
| the Erne | sto/Pau-a-P | ique Projec | t located in | the southw | est of Mato | Grosso stat | e, near Pon | tes e |
| Lacerda | in Brazil. T | he Compan | y's primary | technical fo | cus for the | project res | tart will be | grade |
| control, | choice of | the prope | r small-sca | le selectiv | e mining | methods, a | nd geotech | nical |
| optimiza | tion to redu | ce dilution, i | mprove ove | rall gold rec | overy and l | ower cash o | perating co | sts at |
| this relat | ively high gr | ade project. | zazu mine | have been | suspended. | The | ||
| Operatio | ns at the c | opper-gold- | silver Aran | in Mexico | ||||
| Compan | y's core dev | elopment a | sset is the c | opper-gold-i | ron Serrote | da Laje pro | ject in Brazi | l. |
inerals.com or
For furth her informa
ation, please e visit the C Company’s w web site at w www.aurami contact:
Aura Min nerals Inc.
Tel: (4 416) 649-103 33Fax: (41
16) 649-1044 Email: in nfo@auramin nerals.com