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From: Goose94	7/10/2014 8:57:34 AM
	Read Replies (4) of 203627

Aura Silver Resources (AUU-V) is pleased to announce that Agnico Eagle Mines (AEM-T) July 10, '14 has commenced an initial 1,000 metre drill program on Aura Silver’s 100% owned Greyhound Property in Nunavut as part of the previously announced earn-in agreement. The agreement allows Agnico Eagle the right to earn up to a 70% interest in the Greyhound Property if certain conditions are met (see Press Release #14-02 of June 10, 2014). The drill program will target three distinct areas around Greyhound’s Aura Lake claim group. These areas include: South and south east Aura Lake where multiple one ounce gold samples and silver samples of up to 5,380 g/t were found by Aura Silver during soil sampling and the examination of sulphide-rich boulders; North Aura Lake where base-metal samples assaying up to 9.2% copper and 18.5% zinc were found during previous prospecting surveys by the Company’s geologists; and The Dingo prospect to the North East where prior discoveries include copper mineralization in a 200 by 300m gossan zone and in the same general area a kilometre long quartz vein which assayed up to 9.1 g/t gold and 96.6 g/t silver. During this initial drill program approximately 300 metres will be drilled for each area. All targets are located nearby the access road that connects Agnico Eagle’s Meadowbank Mine to the Baker Lake community providing excellent access to develop the potential of the property. Robert Boaz, CEO of Aura Silver stated “this is an exciting time for Aura Silver as we hope to realize the value of the work we have done to date and which our partner has evaluated by analyzing both the geochemical and geophysical anomalies in all three target areas. This is a highly prospective area of Nunavut and we are happy that Agnico Eagle has joined us in our exploration endeavors.” Mr. Paul Pitman, B.Sc., P.Geo., a qualified person as defined by NI 43-101 has reviewed and approved the contents of this press release.

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