Aurogin Resources Ltd.

Aurogin Resources Ltd.

August 23, 2005 09:13 ET

Aurogin Receives Environmental Approval for El Sastre Gold Project

TORONTO, ONTARIO--(CCNMatthews - Aug. 23, 2005) - Aurogin Resources Ltd. ("Aurogin")(TSX VENTURE:AUQ) is pleased to announce that it has received the Resolution of the Guatemala Ministry of the Environment and Natural Resources approving the Environmental Impact Assessment (EIA) of the company's El Sastre Gold Project located 30 km northeast of Guatemala city. The EIA for the "zero discharge" facility was submitted in May and notification of approval was received yesterday. Plans call for construction to commence this fall with production scheduled for the spring of 2006.

"This is great news for Aurogin", said John Paterson, Aurogin President and CEO. "It removes any uncertainty about timing of the project development and clears the way to enter into a financing arrangement," he added.

Aurogin is currently in discussions with several parties regarding a combination of debt and equity financing for the project. Production from the open pit mine is scheduled to start at a rate of 20,000 oz/yr, increasing to 40,000 oz/yr as more resources are defined.

Further information can be found on Aurogin's web site at:

Aurogin Resources Ltd. Listed: 'AUQ' - TSX Venture

Issued: 31,705,721 common shares

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