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Aura Minerals Inc. filed technical reports for the Sao Francisco and Sao Vicente gold mines in Mato Grosso State, Brazil.
On November 10, 2011, the Company issued a press release announcing the updated mineral resource and reserve estimates for the Brazilian Mines. The updated mineral resource and reserve estimates for the Brazilian Mines were prepared internally by the Company and its consultants under the supervision of Ivan C. Machado, M.Sc., P.E., P.Eng, Principal of TechnoMine Services, LLC, an independent Qualified Person for the purpose of Canadian National Instrument 43-101, Standards of Disclosure for Mineral Properties. On December 20, 2011, Aura Minerals was informed of Mr. Machado's death. Mr. Machado is the only member of TechnoMine Services, LLC able to act as a Qualified Person under NI 43-101. Given Mr. Machado's death, the mineral resource and reserve estimates for the Brazilian Mines were then reviewed and confirmed by J. Britt Reid, P.Eng., Executive Vice President and Chief Operating Officer of Aura Minerals, Bruce Butcher, P.Eng., Vice President, Technical Services of Aura Minerals and, Chris Keech, P.Geo., former Manager, Geostatistics of Aura Minerals (currently Principal Geologist of CGK Consulting Services Inc.) prior to preparing the technical reports on behalf of the Company. Messrs. Reid, Butcher and Keech are Qualified Persons for the purposes of NI 43-101. A copy of each technical report has been filed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. |
