Aura Minerals Files Detailed Technical Report for Matupá Gold Project, Confirming Strong Economics and Reserves

summarizeSummary

Aura Minerals filed an amendment to its annual report, including a comprehensive technical report for its Matupá Gold Project, detailing significant gold reserves, strong economic projections, and substantial capital investments.

check_boxKey Events

• Matupá Gold Project Feasibility Study (X1 Deposit)

  The Feasibility Study for the X1 deposit confirms Proven and Probable Mineral Reserves of 293,000 ounces of gold, with a post-tax Net Present Value (NPV) of US$96.1 million and an Internal Rate of Return (IRR) of 27.5% over a 7-year mine life.

• Initial Assessment for Serrinhas and Pé Quente Targets

  An Initial Assessment for the combined Matupá project (X1, Serrinhas, and Pé Quente) identifies additional Indicated and Inferred Mineral Resources, projecting a post-tax NPV of US$725.55 million and an IRR of 85.3% over a 13-year mine life, based on a long-term gold price of US$3,515/oz.

• Significant Capital Investment Outlined

  The report details initial capital costs of US$107 million for the X1 deposit and an additional US$182 million required to expand plant capacity to 2.2 Mtpa for the combined project.

• Progress in Environmental Permitting

  The company has secured Installation License No. 7742/2025 for already cleared areas and is actively pursuing other necessary environmental permits, indicating a clear path for project development.

auto_awesomeAnalysis

This 20-F/A provides the comprehensive technical report (Feasibility Study and Initial Assessment) for Aura Minerals' Matupá Gold Project, which was too large to be included in the main 20-F filed concurrently. This report is crucial as it details the economic viability, mineral reserves, resources, and operational plans that underpin the "robust financial and operational growth" previously reported. The Feasibility Study for the X1 deposit confirms significant gold reserves with strong economics (NPV $96.1M, IRR 27.5%). Furthermore, the Initial Assessment for the combined Matupá project (including Serrinhas and Pé Quente) projects a substantial post-tax NPV of $725.55 million and an impressive IRR of 85.3% over a 13-year mine life, albeit with a higher long-term gold price assumption. The outlined capital investments and progress in environmental permitting further solidify the project's development path. This detailed disclosure provides investors with critical information regarding the company's asset base and future growth potential.