AXU Alexco Resource Corp

Aurora Energy Resources Inc. ("Aurora" or "the Company") (TSX:AXU) is pleased to
announce the appointment of Steve Cole as Director of Engineering. 


Located in St. John's, Mr. Cole will be responsible for management of all
aspects of Aurora's pre-feasibility and feasibility studies for the Michelin
Project in Labrador, including overseeing mining, processing, infrastructure
scheduling, contract management, and cost estimations for the Michelin Project. 


"Steve has had extensive experience in all stages of mine design engineering and
operations, including conceptual design studies, to pre-feasibility and bankable
feasibility studies," said Mr. Bruce Dumville, Aurora's President and CEO. 


Additionally, Mr. Cole has had experience in project design optimization,
detailed design, construction management and operational support.


Born and educated in South Africa, Mr. Cole holds a Bachelor of Science in
Engineering in Minerals Processing and Materials Engineering from the University
of Witwatersrand in Johannesburg. He has spent the last 10 years working in
Canada managing numerous mining project pre-feasibility studies and managing
multidisciplinary engineering teams. 


While based in Canada, most recently Mr. Cole was a project director responsible
for engineering and construction, including site infrastructure of roads, office
buildings and mine workshops, of a major mining project in Kazakhstan.


ABOUT AURORA

Aurora is a uranium exploration and development company active in the Central
Mineral Belt of coastal Labrador - one of the world's most promising uranium
districts - and in Nunavut, Canada, where it has acquired an interest in the
Baker Lake Basin property. 


Aurora has no debt and approximately C$102 million in cash that is fully liquid
and held with a large Canadian 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.

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