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Aura Minerals Announces the Results of the Preliminary Economic Assessment for the Era Dorada Project
ROAD TOWN, British Virgin Islands, June 09, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33, OTCQX: ORAAF) (“Aura” or the “Company”) is please
About this update from Aura Minerals Inc.
[{"type":"text","content":" ROAD TOWN, British Virgin Islands, June 09, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33, OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that the Company has filed a preliminary economic assessment for the Company’s wholly owned Era Dorada Project (“Era Dorada” or “Project”, which project was previously known as the Cerro Blanco Project), in the United States in accordance with S-K 1300.1 In January 2025, Aura completed the acquisition of Bluestone Resources Inc. (“Bluestone”), which was the 100% owner of Era Dorada (or Cerro Blanco as it was known then), located in Jutiapa, Guatemala, near the town of Asunción Mita and border with El Salvador. Please see our press release dated January 13, 2025 for additional information on the acquisition. Highlights: Indicated Mineral Resources of 1.9 million ounces of gold, assuming 6.35 million tonnes at 9.31 grams per tonne. Total production of approximately 1.4 million ounces of gold over a 17 years Life of Mine (“LOM”). Average production of 91k ounces of gold for the first 4 years. Total initial implementation capex of approximately US$264 million with a payback in approximately 3.5 years after the beginning of the operation. After-tax Net Present Value (“NPV”) of US$485 million when using the weighted average consensus gold prices for the projected period of US$ 2,410 per ounce. After-tax Project IRR of 24% when using the weighted average consensus gold prices for the projected period. US$ 1,072.4/oz average Cash Cost. Main assumptions used for the base: Gold price (per ounce): US$ 2,410 Exchange rate (GTC/USD): 7.75 Guatemalan Government Royalty: (% of gross revenues): 5% Income taxes: 25% Discount rate: 5% Rodrigo Barbosa, President and CEO of Aura, comments: \"We are excited to announce the Preliminary Economic Assessment (PEA) for Era Dorada, a key addition to our portfolio of development projects acquired early this year. Following our approach with the development of Almas and Borborema projects, we are actively collaborating with local authorities and government agencies to ensure Era Dorada meets the highest environmental and social standards under our Aura 360 culture. The PEA delivers strong economics for the licensed underground project, with a Capex of US$ 264 million, an after-tax NPV of US$ 485 million and an unleveraged after-tax IRR...