AURA Silver Announces April 2017 Drill Program ON Its Greyhound Project, Nu
P 905.403.8010
Aura Silver Resources Inc.
PO Box 279
Manotick ON K4M 1A3
Press Release #17-03 TSX-V: AUU March 20, 2017
AURA SILVER ANNOUNCES APRIL 2017 DRILL
PROGRAM ON ITS GREYHOUND PROJECT, NU
Aura Silver Resources Inc. (TSX-V: AUU) (“Aura Silver” or the “Company”) is pleased to report that drilling will
resume on our Greyhound property located in Nunavut Canada. In April, Agnico Eagle Mines Limited (“Agnico
Eagle”) will begin a program to follow up on 2015 results where mineralization of 6.41 g/t gold (check assay
resulted in 7.4 g/t gold) was intersected over 1.5 metres at the bottom of a drill hole at a vertical depth of
approximately 137 metres (see November 24, 2015 press release). In accordance with the terms of the existing
option agreement, Agnico Eagle will cover all costs of this drilling and associated work . This gold intercept lies
within a quartz stock-work zone of 15 metres of core length. The upcoming program is anticipated to comprise
approximately 1,500 metres of drilling within 8-10 drill holes.
“The potential for success of future work following up on the discovery of high-grade gold (multiple one ounce per
ton samples) and silver boulders (some in excess of 5,000 grams per tonne) is exciting” says President and CEO
Robert Boaz. This will be the third drill program on the project conducted by Agnico Eagle. All permits required
to initiate drilling are in place.
In addition to ongoing exploration, the core Greyhound project c laims are in the process of being converted to a
mining lease.
Sulphide enriched one ounce/ton gold surface sample
About Aura Silver
Aura Silver is a TSX Venture listed company engaged in the acquisition, exploration and development of precious
metal prospects in Canada (100% owned Greyhound project under option to Agnico Eagle) and in Oaxaca, Mexico
(100% owned Taviche project). Aura Silver has 128,116,558 common shares outstanding.
P 905.403.8010
Aura Silver Resources Inc.
PO Box 279
Manotick ON K4M 1A3
Mr. Paul Pitman, B.Sc., P.Geo. is a qualified person as defined by NI 43 -101 and has reviewed and approved the
technical contents of this press release regarding the Greyhound project.
For further information regarding this press release contact: Robert Boaz, President and CEO at (905) 403-
8010 or by e-mail at [email protected]. Aura Silver’s website is located at www.aurasilver.com.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward looking statements that are made as of the date hereof and are based on current
expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including the
uncertainty as t o whether further exploration will result in the target(s) being delineated as a mineral resource, capital
expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of
the business and operations, the private placement financing activities of the Company, plans and references to the Company’s
future successes with its business and the economic environment in which the business operates. All such statements are made
pursuant to the ‘safe harbo ur’ provisions of, and are intended to be forward -looking statements under, applicable Canadian
securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward -
looking statements. By their natur e, forward-looking statements require us to make assumptions and are subject to inherent
risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements
as a number of factors could cause actu al results or conditions to differ materially from current expectations. Please refer to
the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can
be found on SEDAR at www.sedar.com. Aura Silver does not intend, and disclaims any obligation, except as required by law,
to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.