Aura Gold Inc.

Aura Gold Inc.

August 23, 2006 16:22 ET

Aura Gold Inc. Appoints Carlos H. Bertoni as Chief Operating Officer

TORONTO, ONTARIO--(CCNMatthews - Aug. 23, 2006) - Aura Gold Inc. ("Aura Gold")(TSX:ORA) is pleased to announce that Carlos H. Bertoni has joined Aura Gold Inc., effective August 21st, 2006, as Chief Operating Officer and as President and CEO of our Brazilian subsidiary, Aura Gold Mineraçao Ltda. Carlos is a Professional Geoscientist and a seasoned mining industry executive with over 30 years experience in the industry. An M.Sc. graduate of Queen's University, Carlos's most recent position was Chief Executive Officer of Minieres du Nord, a Quebec-based public company.

A resident of Brazil, Carlos's initial commission will be to establish the Company presence in the country, with an office for Aura Gold in Brasília. His ongoing mandate will be to manage all operations and programs in Brazil. He will also participate in sourcing growth opportunities for Aura Gold in Brazil.

Commenting on the addition to the management group, Vic Bradley, President and CEO stated: "I am delighted to have Carlos join the Aura Gold team. His industry knowledge, his breath of experience and his intimate knowledge of Brazil will add immense strength to building the company".

About Aura Gold Inc.

Aura Gold Inc. is a Canadian exploration company focused on the discovery of gold deposits in Brazil. Aura Gold's projects are the Cumaru Greenstone Belt, the Inaja Greenstone Belt and the North Carajas Claims, which total approximately 600,000 hectares in the Carajas Metallogenic Province of north-central Brazil. The Carajas region is host to a significant number of world-class deposits of iron ore, gold, copper, nickel, manganese and bauxite. Aura Gold intends to become Brazil's pre-eminent mineral explorer and the partner of choice for international mining companies seeking opportunities in Brazil.

Cautionary Statement:

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including without limitation, statements regarding potential mineralization and reserves, exploration results, future plans and objectives of Aura Gold, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Aura Gold's expectations are the risks detailed herein and from time to time in the filings made by Aura Gold with securities regulators.

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