October 27, 2010

Post in News by Admin

VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 10/27/10 — Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX: ORA) regretfully advises that an employee of Fagundes Construcao e Mineracao Ltda. (“Fagundes”), the mining contractor at the Company’s Sao Francisco mine, was fatally injured in a two vehicle accident on Monday afternoon on the municipal road between the mine and the town of Pontes e Lacerda in Mato Grosso, Brazil. Another Fagundes employee was severely hurt and several others sustained non-life threatening injuries. The Fagundes employees were traveling to work for their regular shift when their bus and a Company vehicle collided. The families of those injured and all relevant authorities have been contacted and an investigation into the accident has commenced.

Aura Minerals extends sincerest condolences to the families and co-workers of the victims.

Patrick Downey, CEO of Aura Minerals said, “We are saddened by the loss of a Fagundes employee and our thoughts at this time are with his family. We are hopeful for a quick recovery for all others injured in the accident.”

About Aura Minerals Inc.

Aura Minerals is a Canadian mid-tier gold production company focused on the acquisition, exploration, development and operation of gold and base metal projects in the Americas. The Company’s producing assets includes the San Andres gold mine in Honduras, and the Sao Francisco and Sao Vicente gold mines in Brazil. The Company is also developing the copper-gold-silver Aranzazu Project in Zacatecas state in Mexico, which will commence operation in the fourth quarter of 2010. Other significant assets include the feasibility-stage Serrote Deposit at the copper-gold-iron ore Arapiraca Project in Brazil.

For further information, please visit Aura Minerals’ web site at www.auraminerals.com.

Aura Minerals Inc.

Patrick Downey President & Chief Executive Officer (604) 669-4777 (604) 696-0212 (FAX) info@auraminerals.com www.auraminerals.com