ROAD TOWN, British Virgin Islands, March 6, 2022 – Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“Aura” or the “Company”) today informs the market that it acknowledges two new press releases dated March 4, 2022 (the “New Press Releases”), one issued by the Honduran Press Secretary Office (the “Press Secretary”) and the other by the Honduran Ministry of Energy, Natural Resources, Environment and Mines (the “Ministry”). The Company also acknowledges a press conference (the “Press Conference”) held on March 4, 2022, by the Honduran Minister of Energy, Natural Resources, Environment and Mines (the “Minister”). Both the New Press Releases and the Press Conference provide updates to the Ministry’s previously issued press release regarding mining activities in Honduras, as announced by the Company on March 1, 2022
The New Press Releases announce the prompt start of oversight actions by the Ministry to address non-regulated mining activities and illegal river dredging in five Departments of Honduras, in accordance with instructions from Honduran President.
During the Press Conference, the Minister stated, among other things, that the focus of the Ministry’s oversight actions is aimed towards non-regulated mining activities and that mining companies whose operating permits are in good order are allowed to continue with their mining activities.
Aura’s San Andres Mine has all operating permits in good order and it operates the mine in compliance with applicable legislation. In addition, the San Andres Mine does not carry out river dredging.
The Company will keep its shareholders and the market duly informed of updates regarding this matter, if any.
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 acknowledgement of the New Press Releases and the Press Conference.
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 several 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 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 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 and political 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.
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 two additional gold projects in Brazil, Almas and Matupá, one gold project in Colombia, Tolda Fria and the Gold Road mine in Arizona, United States, currently in care & maintenance.
For further information, please visit Aura’s website at www.auraminerals.com or contact:
President & CEO