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Aura Minerals: New Update Regarding Interruption of Operations at San Andres Mine

Aura Minerals Inc. (“Aura” or the “Company”) today provided a further update regarding the interruption of operations at its San Andres Mine in Honduras in response to COVID-19 which Aura first announced on March 29, 2020 and provided an update on April 20, 2020.

On March 26, 2020, the Honduran government issued a new official communication in which the government extended its previously-issued decree (the “Government Orders”) requiring Aura to operate with a minimal work force for general maintenance no greater than 50 people until May 3, 2020. Minerales de Occidente, S.A. de C.V., the Company’s subsidiary which owns the surface and mineral rights of the San Andres Mine, initially obtained authorization to continue leaching activities, but has since suspended such activities in response to the initial extension of the Government Orders.

According to the latest update to the Government Order, the Honduran government is monitoring and imposing different restrictions based on the evolution of the COVID-19 pandemic in each region of the country and has started permitting essential activities and circulation at safe areas to recommence. The Copán region, where the San Andres mine is located, is currently implementing a series of actions and protocols aimed to allow it to restart economic activities in the near future.

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