VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 30, 2008) – Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX:ORA) is very pleased to report that the Company’s Brazilian subsidiary Mineracao Vale Verde Ltda. has been awarded the Environmental License for the Serrote da Laje deposit at the Arapiraca Project from the Alagoas State Environmental Agency. This license will carry the project through to the construction stage. This is an extremely important first step in the environmental permitting and development process for Serrote da Laje.
Mr. Patrick Downey, President and CEO of Aura Minerals, stated, “We are very pleased to receive this important license. This will allow the Company to continue to accelerate the project development towards our target of 2011 production.”
Effective January 28, 2008, the Company’s address is P.O. Box 10434, Pacific Centre, Suite 1950, 777 Dunsmuir Street, Vancouver, BC V7Y 1K4. The phone and fax numbers remain the same.
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 South America 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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