Aug 3 2013
Aurora Gold Corporation (the “Company,” or “Aurora”), is a mineral exploration company focusing on exploration and development in the Tapajós Gold Province, State of Pará, Brazil.
- POU-7 Miniplant and Minilab systems completed and trialed on Sao Domingos.
- Auger drill arrives on site at Sao Domingos.
- New Camp construction continues.
- Soil results show extensive continuity to interpreted mineralization west of the Fofoca resource.
- Site visit completed by Independent Qualified Person in relation to the NI43-101 technical report.
The Board of Aurora Gold Corporation is pleased to announce an update on the activities.
POU-7 Miniplant and Minilab systems have arrived on Sao Domingos and have undergone initial trials. Results confirmed that coarse gold can be efficiently extracted. Preparations are underway to initiate the bulk sampling program of several areas delineated as potential economic elluvial and alluvial gold accumulations. The prime targets are located in and around the priority Toucano gold occurrence.
Testing of the mobile Miniplant involved processing garimpeiro reject material and realized some coarse gold results demonstrating the high potential for gold recoveries from the Trial mining areas once granted. Aurora will continue to bulk sample the several identified target areas in preparations for the focused stock piling and treatment of interpreted economic targets.
The Aurora Auger drill rig has arrived on site and is being positioned to follow up geochem anomalies in and around the Toucano gold occurrence.
The new camp area is nearing completion and several of the buildings have been completed. The work shop areas and the mini lab locations have been defined in accordance with local regulations and located adjacent to the main camp compound.
Aurora has also extended community relations to include assisting in revamping the local school and assisting in the implementation of a local police force.
The soil sampling results over the Fofoca grid received to date confirm the presence of further gold mineralization west of the Fofoca resource area. Interpretations of the gold in soil results have shown a good correlation to the previously completed ground geophysics. Interpretations suggest that the mineralization has been offset, as also interpreted from geophysics, and that there is a continuation of anomalous areas which will be followed up. Further mineralized areas are noted to extend further to the north outside of the current grid area and preparations are underway to extend the grid to cover these areas.
Aurora continues to work closely with Haywood Securities Inc and the Company’s advisors to complete its application to migrate from the Securities and Exchange Commission (SEC) to the Toronto Stock Exchange –Venture (TSX-V). Completion of the site visit during June by Michael Montgomery of Geosure Australia, marked the final stage of the independent technical report, NI43-101, required for the listing of Aurora. The report was filed with the TSX-V for review, along with all other relevant records and documents.
Mr. Pearl commented that with all the activity and the success of the current exploration, Aurora is in a position to move into a new and exciting phase of the Company’s desire to become a major force in the Tapajos region. The Company has included local community initiatives including revamping the local school, assisting in the implementation of a four man police force in the town and providing local employment. Several aspects of the Company’s vision will be realized contemporaneously in the near future. The Company expects to achieve the listing in Canada, the granting and implementation of the trial mining license, the delineation of further hard rock targets with the drilling on the high grade Toucano target and the extension to the known mineralization of Fofoca. Several other gold targets have also been noted and will be prioritized for follow up. The new camp is also expected to ready and functioning to support the extended field team and workshops for a prolonged period of activity on Sao Domingos.
ON BEHALF OF THE BOARD
“Lars Pearl”
CEO and Director