Aura Minerals Inc Approves Development of Era Dorada Project

Published: 2026-04-13 21:07:52 ET AUGO

Published on 04/13/2026 at 09:07 pm EDT

Aura Minerals Inc. announced that its Board of Directors has approved the development of the Era Dorada Project, marking another significant milestone in the Project?s advancement. In addition to the core project approval, Aura has secured budget authorization for an advanced water treatment system, with plans to pursue all necessary government permits and approvals. This will enable the delivery of purified, potable water to the local community, further demonstrating Aura?s steadfast dedication to environmental stewardship, sustainable social impact, and responsible mining practices.

Total capital expenditures for the Era Dorada Project are estimated at USD 382.0 million and the project is expected to commence operations in the first half of 2028. Average annual gold production estimated at 111,000 ounces during the first four years of the Project, with an estimated life of mine of 17 years, based on mineral reserves estimated in accordance with S-K 1300. A copy of the Era Dorada Feasibility Study has been filed with the United States Securities and Exchange Commission (SEC) via EDGAR and is available at www.sec.gov and with the Brazilian Securities Commission (Comissão de Valores Mobiliários) (CVM) at www.cvm.com.br and is also available on Aura?s investor relations website.

The scientific and technical information contained in this press release has been reviewed and approved by Farshid Ghazanfari, P.Geo., Geology and Mineral Resources Manager, an employee of Aura and a ?qualified person? within the meaning of S-K 1300 and NI 43-101.