ROAD TOWN, British Virgin Islands, Dec. 08, 2024 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce encouraging exploration and drilling results from several high-potential projects in Brazil. These include the Pé Quente Project, located 34 km from the Matupá Project’s X1 Deposit; near-mine expansion at the Paiol Deposit, part of the Almas Mine; and Aura Carajás, all of which are located in Brazil. These results highlight the Company’s ongoing success in advancing its exploration portfolio and reaffirm Aura’s commitment to expanding its resource and reserve base, positioning the Company for sustained growth.
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ROAD TOWN, British Virgin Islands, Dec. 08, 2024 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company” ) is pleased to announce encouraging exploration and drilling results from several high-potential projects in Brazil.
These include the Pé Quente Project, located 34 km from the Matupá Project’s X1 Deposit; near-mine expansion at the Paiol Deposit, part of the Almas Mine; and Aura Carajás, all of which are located in Brazil. These results highlight the Company’s ongoing success in advancing its exploration portfolio and reaffirm Aura’s commitment to expanding its resource and reserve base, positioning the Company for sustained growth. Highlights Pé Quente Project The Pé Quente gold deposit is emerging as one of the most significant disseminated gold systems in granitic environments within the Alta Floresta Gold Province, similar to the X1 Deposit and Serrinhas.
6,200m of the planned 7,500m program completed with six high-priority targets identified to date. Drilling confirmed historical high-grade gold intercepts previously identified by Graben Mineração SA (refer to press release dated May 22, 2024) in the Nilva zone. In addition, drilling also identified a new zone (Nilva North) which expands the footprint of mineralization along strike to the northeast.
Significant intercepts include: Hole FPQD-0010 (Nilva) 0.96 g/t Au over 132.00m, including 4.
05 g/t Au over 3.00m and 4.00 g/t Au over 2.
00m. Hol.
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