Aura Minerals reports additional drill hole results from its Aranzazu Property in Zacatecas State, Mexico.

Of particular interest is the discovery of a new zone termed the “BW Extension” which is proximal to the high-grade BW zone (less than 100 metres) that Aura Minerals is currently developing as part of the 2009 mine plan. The BW Extension zone was drilled from an underground drill station located in the BW development adit.

Mr. Patrick Downey, President and CEO of Aura Minerals states:

“These results continue to confirm our belief that the Property will be a large high-grade multi-metal underground operation. Drilling to date in the Cabrestante and Catarroyo zones is of much less density than the Arroyos Azules and Mid zones where several high-grade chutes have been defined, some to a depth of over 500 metres. We therefore plan significantly more drilling in these eastern zones including further drilling in the newly discovered zone to the west of Catarroyo zone.

Furthermore, the discovery of the BW Extension could have near term economic impact as it is adjacent to the BW zone where mine development is underway, with mining to commence in late 2008. We now plan to extend the development drift to this extension zone to further explore these very high-grade shallow intercepts and define potential areas for mining in 2009.”

For full details of this press release, click this link. Gold Investing News researchers discovered Aura Minerals’ project described on their website. Follow developments in gold mining and exploration for free.
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