Aura Minerals Files the Feasibility Study Technical Report for the Matupá Gold Project
November 18 2022 - 8:01PM
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 www.sedar.com.
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.
For further information, please visit Aura’s website at
www.auraminerals.com or contact:
Rodrigo BarbosaPresident & CEO305-239-9332
Forward-Looking Information
This press release contains “forward-looking
information” and “forward-looking statements”, as defined in
applicable securities laws (collectively, “forward-looking
statements”) which include, without limitation, the operation of
the Matupà Gold Project as an open pit mine. Known and unknown
risks, uncertainties and other factors, many of which are beyond
the Company’s ability to predict or control, could cause actual
results to differ materially from those contained in the
forward-looking statements if such risks, uncertainties or factors
materialize. Forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered
reasonable by the Company, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Specific reference is made to the Company’s most recent Annual
Information Form on file with certain Canadian provincial
securities regulatory authorities for a discussion of some of the
factors underlying forward-looking statements, which include,
without limitation the ability of the Company to achieve its
short-term and longer-term outlook and the anticipated timing and
results thereof, the ability to lower costs and increase
production, the ability of the Company to successfully achieve
business objectives, copper and gold or certain other commodity
price volatility, changes in debt and equity markets, the
uncertainties involved in interpreting geological data, increases
in costs, environmental compliance and changes in environmental
legislation and regulation, interest rate and exchange rate
fluctuations, general economic conditions and other risks involved
in the mineral exploration and development industry. Readers are
cautioned that the foregoing list of factors is not exhaustive of
the factors that may affect the forward-looking statements.
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