Aura Minerals Files The Feasibility Study Technical Report F...| MENAFN.COM

Saturday, 26 November 2022 07:23 GMT

Aura Minerals Files The Feasibility Study Technical Report For The Matupá Gold Project


(MENAFN- GlobeNewsWire - Nasdaq)

ROAD TOWN, British Virgin Islands, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“ Aura ” or the“ Company ”) is pleased to announce that it has filed the technical report for the Company's Matupá Gold Project. The report is titled“Feasibility Study Technical Report (NI 43-101) for the Matupá Gold Project” (the“ Technical Report ”) and is compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The report has been filed under the Company's profile on SEDAR at .

As announced in a press release on october 5, 2022 , the Matupá Gold Project will be an open pit mine. The Matupá Gold Project is situated in the Alta Floresta Province, a prolific region with large companies operating and exploring in the area, such as Anglo American, Codelco, Nexa Resources, IAMGOLD and Yamana Gold. The company believes that there is significant potential to expand the Life of Mine with two additional deposits currently being drilled.

About Aura 360° Mining

Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.

Aura is a 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, the Ernesto/Pau-a -Pique gold mine in Brazil and the Aranzazu copper-gold-silver mine in Mexico. In addition, the Company has four additional gold projects in Brazil: Almas, under construction; Borborema and Matupá, in development, and São Francisco, in care & maintenance, and one gold project in Colombia, Tolda Fria.

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