Aura Minerals Inc. (TSX: ORA) has released results on an additional 56 drill holes from the ongoing infill and extension drill program at its copper-gold-silver Aranzazu Project in Zacatecas State, Mexico.
The most recent drilling was designed to target zones southeast along strike - from the Glory Hole-Tiro Azules to Cabrestante zones. The drilling continues to show high-grade potential for the Aranzazu Project orebody: of the 56 reported drill holes, 40 drill holes had intercepts of greater than 1.0% Cu with significant gold and silver values.
The drilling continues to intercept higher-than-average gold grades as the company`s drilling moves progressively along strike to the east of the Arroyos Azules zone, which is the first area scheduled for mining.
Commenting on the results, president and CEO Patrick Downey said: "Ongoing infill drilling for near-term mine planning and upgrading of resource classification continues to highlight the high-grade nature of the copper and gold resources at the Aranzazu Project. As we continue with the planned drill programs, including the deep drill program from which we recently released the first results, we are very encouraged that the resource will be extended both along strike and at depth."
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 recently acquired, producing 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 second half of 2010.