Aurora Energy Resources Inc. ("the Company" or "Aurora") (TSX:AXU) is pleased to
announce that it has received the final results from the three remaining drill
holes from the 2008 winter drill program and initial results from the summer
drill program at the Company's Michelin deposit ("Michelin") in coastal
Labrador. 


"The results continue to reinforce the grade and widths of mineralization
intersected in both the recent and historic drilling at Michelin, enhancing the
resource value of the Michelin Project," said Dr. Mark O'Dea, President and CEO
of Aurora. "These results will assist Aurora in the conversion of inferred to
indicated NI 43-101 resource categories for pre-feasibility work."


The 2008 drill program focused on both infilling the deeper portion of the main
deposit and further confirmation drilling the shallow "open-pitable" part of the
deposit above 200 metres depth. 


New highlights from both programs are as follows:

- 0.10% U3O8 over 33.91 metres (from 21.6 to 55.5 metres) including 0.25% U3O8
over 7.00 metres (from 21.6 to 28.6 metres) in M08-105


- 0.12% U3O8 over 13.21 metres (from 107.9 to 121.1 metres) and 0.10% U3O8 over
7.37 metres (from 126.3 to 132.6 metres) in M08-093


- 0.14% U3O8 over 12.47 metres and 0.08% U3O8 over 20.10 metres in M08-111 

- 0.13% U3O8 over 12.50 metres in M08-110

- 0.27% U3O8 over 7.96 metres in M08-103

Detailed results can be found in the table below.



-----------------------------------------------------------
Hole ID      From (m)     To (m)    Length(i)(m)     % U3O8
-----------------------------------------------------------
M08-093       107.89     121.10           13.21        0.12
-----------------------------------------------------------
incl          107.89     110.89            3.00        0.21
-----------------------------------------------------------
and           125.25     132.62            7.37        0.10
-----------------------------------------------------------
incl           128.5      129.5            1.00        0.27
-----------------------------------------------------------
M08-103       539.55     547.51            7.96        0.27
-----------------------------------------------------------
M08-105        21.57      55.48           33.91        0.10
-----------------------------------------------------------
incl           21.57      28.57            7.00        0.25
-----------------------------------------------------------
and            52.57      55.48            3.21        0.19
-----------------------------------------------------------
M08-109       491.77     503.04           11.27        0.11
-----------------------------------------------------------
incl          493.00     496.00            3.00        0.30
-----------------------------------------------------------
M08-110        565.5     578.00           12.50        0.13
-----------------------------------------------------------
incl           566.5     577.00           10.50        0.15
-----------------------------------------------------------
M08-111       553.11     565.58           12.47        0.14
-----------------------------------------------------------
and           571.60     591.70           20.10        0.08
-----------------------------------------------------------
incl          571.60     576.48            4.88        0.21
-----------------------------------------------------------
M08-115       545.42     547.42            2.00        0.15
-----------------------------------------------------------

(i)  The orientation of the mineralized zones is interpreted to be
     moderately to steeply southeast dipping and true widths are 
     approximately 80% of stated widths

(ii) Holes M08-107, M08-108, M08-112, M08-113, M08-114 were lost,
     abandoned, or incomplete



For a view of the updated long section of the Michelin deposit, please use the
following link: www.aurora-energy.ca/files/Michelin_LS_073108.jpg.


ABOUT AURORA

Aurora is a uranium development company focused on the Central Mineral Belt in
coastal Labrador - one of the world's most promising uranium districts. Aurora
is currently completing its 2008 summer work program, details of which can be
found in the May 15, 2008 news release titled, "Aurora's 2008 Work Program Aims
to Progress Community Efforts and Demonstrate Resource Value".


Aurora has no debt and approximately $113 million in cash that is fully liquid
and held with a large commercial bank.


Aurora is committed to responsible development, which includes community
consultation, lasting local benefits and the highest standards of safety,
health, and environmental protection. 


Assay results have been prepared under the guidance of Steve Barrett, P.Geo.,
Exploration Manager for Aurora Energy Resources Inc., who is designated as a
Qualified Person with the ability and authority to verify the authenticity of
and validity of this data. Drill core was prepared and analyzed in accordance
with industry standards by Activation Laboratories Ltd, Ancaster, Ontario. 


Except for the statements of historical fact contained herein, certain
information presented constitutes "forward-looking statements". Such
forward-looking statements, include but are not limited to, those with respect
to the timing and amount of estimated future resources and resource conversion
rates, potential for expansion of resources, estimates of potential
mineralization and potential size of future exploration programs and potential
timing of receipt of permits and classification of future mineral resources, and
potential for future benefits, involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or achievement
of Aurora to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include, among others, risks related to the actual results of current
exploration activities, conclusions of economic evaluations, and estimates of
mineralization, uncertainty in the estimation of mineral resources, changes in
project parametres as plans continue to be refined, future prices of uranium,
environmental risks and hazards, increased infrastructure and/or operating
costs, labor and employment matters, and government regulation as well as those
factors discussed in the section entitled "Risk Factors" in Aurora's Annual
Information Form available on SEDAR at www.sedar.com . Although Aurora has
attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. Aurora disclaims
any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise. Accordingly,
readers should not place undue reliance on forward-looking statements.
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