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Aura Minerals Inc.

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Summary

Project:

Aranzazu

Deposit:Aranzazu
Location:Mexico
Commodities:Copper-Gold-Silver
Date:3/3/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:3-3-2020: Aura Minerals Inc. announces a Resource Estimation report for its Aranzazu deposit at the Aranzazu project. Updated resource and reserve statements. ROAD TOWN, British Virgin Islands, March 03, 2020 -- Aura Minerals Inc. (TSX: ORA) (“Aura” or th
Resources:(Reserves): 1.5Mt @ 0.82g/t Au (Prov.) & 2.9Mt @ 0.90g/t Au (Prob.)
CP/QP:[Resources]: Farshid Ghazanfari (Internal)
ABSTRACT:ROAD TOWN, British Virgin Islands, March 03, 2020 -- Aura Minerals Inc. (TSX: ORA) (“Aura” or the “Company”) is pleased to provide updates regarding our mineral reserves and mineral resources for the year ended December 31, 2019. The Mineral Reserve estimates were prepared in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves, adopted by the CIM Council on May 10, 2014, and the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines, adopted by CIM Council on November 23, 2003, using geostatistical and/or classical methods, plus economic and mining parameters appropriate to the deposit. Mineral Reserves are the economic portion of the Measured and Indicated Mineral Resources. Mineral Reserve estimates include mining dilution and mining recovery. Mining dilution and recovery factors vary with specific reserve sources and are influenced by several factors including deposit type, deposit shape and mining methods

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