Aurora Energy Resources Inc.

Aurora Energy Resources Inc.

November 21, 2007 13:34 ET

Aurora Amends and Restates Third Quarter Management Discussion and Analysis

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2007) - Aurora Energy Resources Inc. (the "Company" or "Aurora") (TSX:AXU) reports that it has amended and restated its Management Discussion and Analysis ("MDA") for the three and nine months ended September 30, 2007, to clarify the work which has been conducted on its CMB Uranium Property to date, as well as to discuss future plans for the property in accordance with the updated exploration budget set forth in the Company's recently filed technical report entitled "An Update on The Exploration Activities of Aurora Energy Resources Inc. on the CMB Uranium Property, Labrador, Canada During the Period January 1, 2007 to October 31, 2007", available on SEDAR at The Company has also revised its estimate for the cost of completing its current drill program on the property from $10,000,000 to $8,000,000, based upon this updated budget. The amended and restated MD&A is available on SEDAR at

About Aurora

Aurora (TSX:AXU) is a uranium exploration and development company focused on the Central Mineral Belt in coastal Labrador - one of the world's most promising emerging uranium districts. Aurora's uranium district includes multiple historic and newly discovered uranium deposits and targets. At Aurora, we are committed to responsible development with lasting local benefits.

Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking statements". Such forward-looking statements, including but not limited to, those with respect to the timing and amount of estimated future resources and exploration program, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Aurora to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to the actual results of current exploration activities, conclusions of economic evaluations, uncertainty in the estimation of mineral resources, changes in project parameters as plans continue to be refined, future prices of uranium, environmental risks and hazards, increased infrastructure and/or operating costs, labor and employment matters, government regulation and complexities of exploration as well as those factors discussed in the section entitled "Risk Factors" in Aurora's Annual Information Form available on SEDAR at Although Aurora has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Aurora disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements.

Contact Information

  • Aurora Energy Resources Inc.
    Mark O'Dea
    President & CEO
    (604) 632-4677 or Toll Free: 1-877-632-4677
    Aurora Energy Resources Inc.
    Sean Tetzlaff
    CFO & Corporate Secretary
    (604) 632-4677 or Toll Free: 1-877-632-4677