Aurora Energy Resources Inc.
TSX : AXU

Aurora Energy Resources Inc.

October 20, 2008 09:28 ET

Aurora Introduces Michelin Project Community Panel Members

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 20, 2008) - Aurora Energy Resources Inc. ("Aurora" or "the Company") (TSX:AXU) is pleased to announce that the members of the Michelin Project Community Panel ("the Panel") have been selected. The Company would like to thank all applicants for their expressions of interest.

"We are pleased with the very high calibre of the people who applied," said Mr. Bruce Dumville, President and CEO of Aurora. "From this diverse and talented group, a great team has been assembled. We are looking forward to meeting with the Panel and starting discussions on key elements of the Michelin Project."

The Panel will give community representatives from coastal Labrador direct input into project planning and environmental work. It is a vital element of Aurora's work program, which is focused on ensuring the proposed Michelin Project can be developed in a safe and beneficial manner with minimal impact on the land, wildlife and nearby communities.

Aurora completed an extensive community engagement process encouraging community members to submit an Expression of Interest to participate in the Panel. The process resulted in the identification of eight individuals who represent a cross-section of community members, including youth, elders, and volunteers, and have expertise as hunters, fishers, business owners, health care workers, educators and in community development.

The Michelin Project Community Panel members are:

- Mr. Chesley Andersen, VP Labrador Affairs, Aurora Energy (Panel Chair)

- Mr. Josh Pamak, Nain

- Mr. David Igloliorte, Hopedale

- Mr. Randy Edmunds, Makkovik

- Mr. Glen Sheppard, Postville

- Mrs. Charlotte Wolfrey, Rigolet

- Mr. Ernie McLean, North West River

- Mr. Lloyd Mugford, Happy Valley - Goose Bay

- Mr. Daniel Ashini, Sheshatshiu

In addition to the above, both the Postville and Makkovik Inuit Community Governments have the option to appoint a representative from their respective communities.

The Panel is expected to meet six to eight times per year and has a mandate to:

- Communicate information about the proposed Michelin Project to the communities

- Obtain and review community feedback

- Identify opportunities to improve the Project's fit with the communities through discussion of community issues and concerns

- Provide input to the Company on specific project details, such as tailings management, project design, environmental and engineering studies, and community benefits

- Provide input on consultation activities and information materials

The Panel is expected to hold its first meeting in November 2008.

ABOUT AURORA

Aurora is a uranium exploration and development company active in the Central Mineral Belt of coastal Labrador - one of the world's most promising uranium districts - and in Nunavut, Canada, where it has acquired an interest in the Baker Lake Basin property.

Aurora has completed its 2008 summer drill program in Labrador, which included an infill drill campaign of 13,233 metres at the Jacques Lake and Michelin deposits. Aurora also completed a 2,908 metre geotechnical, environmental and metallurgical drill program in August. Engineering studies, environmental baseline studies and a tailings management options study are continuing.

The Company also recently began an exploration program at Baker Lake Basin and expects to conduct geological mapping, ground and airborne geophysical surveys, and 1,000 metres of drilling in October 2008.

Aurora is committed to responsible development, which includes community consultation, lasting local benefits and the highest standards of safety, health, and environmental protection.

Aurora's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance or future actions are "forward-looking" statements. The words "believe", "expect", "will", "anticipate", "contemplate", "budget", "target", "continue", "may", "intend" and similar expressions identify forward looking-statements. All statements contained herein, other than statements of historical fact contained herein, constitute "forward-looking statements". Such forward-looking statements, including but not limited to, those with respect to the timing of future meetings, the timing and amount of estimated future resources and resource conversion rates, future operations, project costs and production, potential for expansion of resources and potential size of future exploration programs, grades and widths and potential timing of receipt of permits and classification of future mineral resources, and potential for future benefits, 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 mineralization and 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, and government regulation as well as those factors discussed in the section entitled "Risk Factors" in Aurora's most recent Annual Information Form available on SEDAR at www.sedar.com. 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.
    Andrea Marshall
    Manager, Government and Media Relations
    (709) 726-2223
    or
    Aurora Energy Resources Inc.
    Don Falconer
    VP, Corporate Development
    (416) 362-5556
    Website: www.aurora-energy.ca