Aura Minerals announced that commercial production at the copper-gold-silver Aranzazu mine was achieved on February 1, 2011, with 2011 production targeted at 7 to 8 million pounds of copper, 5,000 to 6,000 ounces of gold, and 110,000 to 120,000 ounces of silver.

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Project Highlights

The Aranzazu mine is located within the Municipality of Concepción del Oro in the north eastern region of the State of Zacatecas, Mexico, and covers approximately 11,072 hectares, including the historical, past producing El Cobre area. The property can be accessed by paved highway from both the city of Zacatecas located 250 kilometres to the southwest and from the city of Saltillo located 112 kilometres to the northeast. Both Zacatecas and Zaltillo are serviced by daily domestic and international flights. The Aranzazu mine consists of both open-pit and underground mine operations and an upgraded 2,600 tonne per day mill, which produces a copper-gold-silver concentrate using conventional flotation. Aura Minerals acquired the Aranzazu mine in June 2008 and holds a 100% interest in the asset.