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topicnews · September 9, 2024

Aura Minerals Inc.: Almas Production Preview – July and August 2024

Aura Minerals Inc.: Almas Production Preview – July and August 2024

ROAD TOWN, British Virgin Islands, September 9, 2024 (GLOBE NEWSWIRE) – Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“aura“ or the “Pursue”) informs its shareholders and the market in general that, as part of the announced process for the issuance of its second bond and with the aim of ensuring full transparency to investors and bondholders, its subsidiary Aura Almas Mineração SA (“Almas”) has provisionally announced its operating results for the first two months of the third quarter of 2024 (July and August).

In July, Almas achieved total production of 4,723 ounces and in August 5,280 ounces. These results not only reflect a stabilized production level, but are also consistent with Almas’ previously announced guidance as well as the stabilization of production following the contractor replacement. For comparison, the average monthly production in the first two months of Q3 2024 represents an increase of 42% compared to the monthly average of Q2 2024 and an increase of 26% compared to the monthly average of Q1 2024.