Aura Minerals Inc.

Aura Minerals Inc.

July 08, 2008 18:33 ET

Aura Minerals Announces Additions to its Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 8, 2008) - Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX:ORA) is pleased to announce the following appointments to the management team effective immediately.

- Ms. Andrea Zaradic has been appointed as Senior Project Manager

- Mr. Avakash ("Akoo") Patel has been appointed as Process Engineering Manager

Ms. Zaradic has over 20 years of engineering construction and operations experience. She was previously Manager of Infrastructure Development for Canico Resource Corp. on the Onca Puma nickel laterite project in Brazil. Ms. Zaradic has also worked for BHP Billiton at the Ekati Diamond Mine, and for a number of international engineering/construction companies on large multi-national mining projects. Ms. Zaradic's primary responsibility will be the management and supervision of the feasibility study and subsequent detailed engineering and design of the Serrote da Laje project in Brazil. Ms. Zaradic is a registered Professional Engineer in BC and Ontario.

Mr. Patel is a process engineer with over 15 years of operations, construction and process design experience. Most recently, he was Senior Process Engineer for SNC Lavalin where he was responsible for the process design and engineering on several engineering projects and feasibility studies. Mr. Patel spent several years at Iron Ore Company of Canada (IOCC) as Senior Process Engineer where he was responsible for process and technical services in the plant and iron pelletizing facility. Mr. Patel also has several years' operations experience at Royal Oak Mines Inc., Omya Canada Inc., which is Canada's largest calcium carbonate plant, and at Lakefield Research Limited. Mr. Patel will be responsible for the overall process design and metallurgical operations where he will direct and oversee process testwork and ongoing plant improvements and design. Mr. Patel is a registered Professional Engineer in BC and Ontario.

Commenting on the additions to the management team, Mr. Patrick Downey, President and CEO of Aura Minerals Inc., stated, "With their strong previous experience in all aspects of operations design and engineering I am extremely pleased to announce the appointments of Andrea and Akoo to our team. We have strengthened our team in key areas as we plan our expansion at the Aranzazu project in Mexico and advance the Arapiraca project towards production."

About Aura Minerals Inc.

Aura Minerals is a Canadian resource company focused on the acquisition, exploration, development and operation of mining properties in the Americas. In addition to the Company's newly acquired Aranzazu Project, the Company owns the advanced stage Arapiraca Project in north-eastern Brazil, which was originally explored in the 1980's and 1990's for copper and gold. The project also contains magnetite (up to 50%) and nickel and the Company plans to evaluate the Arapiraca Project for all four metals which can be readily extracted. The nearby infrastructure is excellent with ready access to electricity, water and shipping ports.

Cautionary Statement:

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 at 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.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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