Aura Resources has received the results from the 2019 exploration program for the Greyhound project from the operating partner [wp=3]Agnico Eagle Mines. The 2019 target area, defined in Aura's press release dated April 30, 2019, contains conductive zones identified by the induced polarization geophysical survey conducted in 2018 and are further supported by a review of data from a horizontal loop electromagnetic geophysical [...]
Aura Resources Inc. is pleased to announce analytical results from a district-wide surface rock sampling program at its recently acquired Jefferson Canyon project . The goal of the program was to provide support to earlier due diligence sampling which yielded high-grade results where historical reverse circulation drilling encountered significant gold and silver mineralization . The JCP consists of 57 unpatented claims [...]
Aura Resources announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers and a consultant of the Company to purchase an aggregate 1,200,000 common shares in the capital of the Company at an exercise price of $0.05 per share which expire on June 4, 2024. Following this stock option grant, the Company has a total of 1,940,000 stock options outstanding representing approximately [...]
Aura Resources Inc. announces that it has entered into an arm's length definitive option agreement with Thorsen-Fordyce Merchant Capital Inc. and TF Minerals Inc. to earn a 100% interest in the Jefferson Canyon gold-silver project in southern Nevada. This follows successful completion of the Company's due diligence including an initial sampling program during the exclusivity period previously announced on March 4, 2019 [...]
Aura Resources announces that it has closed its non-brokered private placement of units raising proceeds of $220,000. A total of 4,400,000 units were issued to investors at $0.05 per unit. Each unit consisted of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.07 per share for a period of 36 months following [...]
Aura Resources Inc. announces plans to drill a newly discovered base and precious metal target on the Greyhound project, a partnership with Agnico Eagle Mines Ltd., the project operator. Initial drill targets have been defined on a previously untested area in the central part of the property . The proposed drill holes will target conductive zones identified by the induced polarization geophysical survey conducted in 2018 [...]
Aura Resources Inc. announces that, it has completed the sale of an 80% interest in its East Taviche project, located in Oaxaca Mexico, to Minaurum Gold Inc. and its Mexican subsidiary for the following consideration: the issuance of 100,000 common shares in the capital of Minaurum; re-imbursement of all East Taviche project concession fees paid by Aura during 2018 and payment of the remaining concession fees to bring the [...]
Aura Resources Inc. is pleased to provide an update on the progress of its corporate initiatives and announces the initiation of a private placement financing. CORPORATE UPDATE Management and Board of Director Changes Completed During May and June of 2018, the Company announced changes in the executive management and board of directors of the Company. Mr. Robert Johansing, M.Sc. Econ. Geol., P. Geo., was appointed as [...]
Aura Resources Inc. announces that it has entered into a non-binding letter agreement with Thorsen-Fordyce Merchant Capital Inc. and TF Minerals Inc. relating to the Jefferson Canyon gold-silver project in southern Nevada. The agreement covers 57 unpatented claims located about 9 km northeast of Kinross' Round Mountain gold mine. Following a review of the project's historical data base, Aura entered into the Letter [...]
Aura Resources Inc. announces a newly discovered base metal and gold target on the Greyhound project, a partnership with Agnico Eagle Mines Ltd. . Agnico Eagle, the project operator, has completed an extensive set of induced polarization geophysical surveys, including a previously untested area in the central part of the property . These new data, combined with Aura's earlier discovery of Zn-Cu-Ag-rich boulders , a [...]
Aura Resources Inc. announces that it has entered into a definitive agreement with Minaurum Gold Inc. and its Mexican subsidiary whereby Minaurum will acquire an interest in the Company's East Taviche property located in Oaxaca, Mexico. In accordance with the terms of the agreement, Minaurum will acquire an initial 80% interest in the East Taviche project for the following consideration: the issuance of 100,000 common [...]
Aura Resources Inc. is pleased to provide an update on its recently acquired Gold Chain project located in the San Francisco district, Mohave County, western Arizona. The project is about 7 km northeast of Bullhead City and about 120 km southeast of Las Vegas. The acquired property consisted of 86 unpatented claims containing numerous exposures comprised of epithermal-style gold mineralization; these are contained within [...]