VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 22, 2008) – Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX:ORA) is pleased to announce that Mr. Alan Hitchborn has been appointed to the position of Vice President, Exploration, effective immediately. Mr. Hitchborn will assume responsibility for overseeing the planning and direction of Aura Minerals exploration programs in Brazil, particularly with respect to the advancement of the Arapiraca regional exploration targets.
Mr. Hitchborn has a B.Sc. degree in Geology and has over 25 years experience in both operations and exploration. He spent over 10 years with Placer Dome Inc. as Chief Geologist at one of their U.S. operations and as Senior Geologist in their Resource Estimation Group, where he worked on several international projects. For the past 10 years, Mr. Hitchborn has worked in the junior exploration sector where he was instrumental in the acquisition and development of a large gold/silver deposit in Mexico.
Mr. Patrick Downey, President and CEO of Aura Minerals, stated, “Mr. Hitchborn brings a broad level of international experience to the Company and will play a key role in advancing the exploration program at our Arapiraca Project in Brazil where we have identified several targets for follow-up exploration and drilling. His experience in mine operations will also be key to ensuring a smooth transition from exploration to project development on the Serrote da Laje deposit over the next 12-18 months. Furthermore, he will assist in assessing new opportunities for the Company in the Americas.”
About Aura Minerals Inc.
Aura Minerals is a Canadian exploration company focused on the acquisition and development of mineral deposits in Brazil and the rest of the Americas with an emphasis on developing the polymetallic Arapiraca Project in north-eastern Brazil. The Arapiraca Project which was originally explored in the 1980’s and 1990’s for copper and gold, also contains magnetite (up to 50%) and nickel which have not yet been evaluated. The Company plans to evaluate the Arapiraca Project for copper, gold, nickel and iron ore, all of which can be readily extracted. The nearby infrastructure is excellent with ready access to electricity, water and shipping ports. Aura Minerals’ other projects are the Cumaru, the Inaja Greenstone Belt and the North Carajas claims in the Carajas Metallogenic Province of north-central Brazil.
This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in Aura Minerals’ public documents filed on SEDAR. Although Aura Minerals believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aura Minerals disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
The TSX does not accept responsibility for the adequacy or accuracy of this release, which has been prepared by management.
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