AURA MINERALS (ORA.TSX)

AURA MINERALS HIGHLIGHTS

Three Operating Gold Mines were purchased from Yamana Gold (AUY) in the summer of 2009: San Andres in Honduras, and Sao Francisco and Sao Vicente in Brazil. The opportunistic acquisition came in the midst of a lower gold price environment.

Gold Production is estimated to be 130,000 to 139,000 ounces in 2010. The Canadian-based gold miner has forecasted full-year production after integrating the operations in the second quarter of this year and based upon operational improvement initiatives it has undertaken.

Aranzazu Copper-Gold-Silver Mine in Mexico is set to re-commence mining operations and exploration results continue to be strong. Patrick Downey, Aura’s President and CEO, recently stated that “We are very pleased with the progress to date and expect to ramp up to full throughput by Q1 ’11.”

Strategic Asset in the Arapiraca Copper-Gold-Iron Project, Located in Brazil is fully permitted. The Serrote Deposit at Arapiraca is located in the mining-friendly jurisdiction of Brazil and is currently in the feasibility stage. A Preliminary Economic Assessment conducted on the Serrote Deposit in 2009 demonstrates a robust development project, with excellent access to infrastructure.

AURA MINERALS RECENT DEVELOPMENTS

Debt Restructuring March 6, 2011 Aura Minerals announced that, subject to all necessary approvals and the satisfaction of certain conditions, it has entered into a binding letter agreement with Yamana Gold to restructure the debt and other amounts payable to Yamana Gold and its subsidiaries under certain promissory notes in the aggregate amount of $64.2 million plus deferred purchase price consideration.

Aranzazu Production and Assay Results Feb 10, 2011 Aura Minerals announced that commercial production commenced on February 1, 2011 at its Aranzazu copper-gold-silver-mine in Mexico. Aranzazu is forecasted to produce payable metal of 16.5 million pounds of copper, 10,000 gold ounces, and 200,000 silver ounces in 2011. The company also reported additional assay results for 20 drill holes at Aranzazu. Highlights included hole AZC-101, which returned 3.72% copper, 1.32 grams per tonne (g/t) gold and 51.30 g/t silver over 12.0 meters.

Fourth Quarter Production Feb 9, 2011 Aura Minerals reported fourth quarter 2010 gold production increased 16% to 44,449 ounces – at cash costs expected to be significantly less than those during the previous quarter. Full-year 2010 production was 137,519 ounces, near the high end of the company’s forecasted guidance of 130,000 – 139,000 ounces. Aura also released 2011 guidance of 200,000 – 210,000 gold ounces and 16.5 million pounds of payable copper.

AURA MINERALS SHARE PERFORMANCE

ORA.TSX HAS SHINED

S&P 500Over the past three years, Aura Minerals has vastly outperformed the broader market.

GoldAura has displayed its leverage to gold by posting a return of more than two times that of the yellow metal.

GDXThe Canadian-based intermediate gold producer has performed substantially better than its larger-cap counterparts.

XAUAura has outpaced the precious metals sector by more than a factor of twelve over the past two years.

ORA.TSX VS BENCHMARKS SINCE NOV. ’07

Premier continues to outperform benchmarks

AURA MINERALS IN THE NEWS

LOCATED IN TOP MINING JURISDICTION BRAZIL AND HONDURAS

KEY UPCOMING CATALYSTS

2011
Optimization at Aura’s Three Operating Gold Mines
The company is working extensively to enhance the profitability of its three mines purchased from Yamana. Aura recently stated that operational improvements are underway at each site and it expects to realize benefits from the initiatives by the end of 2010.

2011
Re-Start at Aranzazu Mine, located in Mexico
Aura announced an updated resource estimate in September of 2010, consisting of Measured & Indicated Resources of 444,200 ounces of gold and 10.7 million ounces of silver, with Inferred Resources of 119,300 and 4.1 million ounces of gold and silver, respectively. The company has since reported multiple sets of encouraging drill results at Aranzazu and announced that commissioning of the new mill is underway.

2011
Growth in Cash Flow and Earnings on the Back of Higher Gold Prices
By expanding and diversifying its asset base, Aura Minerals has positioned itself to provide investors with greater leverage to the price of gold as well as other base metals.