SGH

Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") is
pleased to announce the results of a comprehensive report completed by L.E Reed
Geophysical Consultant Inc. ("Reed") which supports, from a geophysical
standpoint, drill targets established geochemically by Activation Laboratories
Ltd. (Actlabs) Spatiotemporal Geochemical Hydrocarbon ("SGH") technology for the
Aura Lake area as well as the Dingo prospect north-west of Aura Lake, both part
of the Greyhound Project, NU. 


As reported by Reed, "Correlations between the geochemistry and various
geophysical data suggest support for the possible identification of gold and
silver deposits at Aura Lake and a gold and copper deposit at Dingo". This
report may be accessed at the Company's web-site
(http://www.aurasilver.com/s/Home.asp) under the section Projects / Canada.


The potential sources of high-grade gold boulders (up to 28 g/t) and high-grade
silver (up to 5,300 g/t) have been identified in close proximity to Aura Lake.
The gold and copper targets at the Dingo prospect area north-west of Aura Lake
are surface showings. New interpretation of geophysical data and SGH has refined
the drill targets. This geophysical analysis has identified multiple
structures/contacts with the use of three-dimensional inversion imagery of
airborne VTEM EM and magnetic responses and ground Induced Polarization and
Resistivity data. These structures/contacts at Aura Lake may have provided a
pathway for fluids carrying mineralization and are interpreted to support the
drill targets originally defined by geochemical analysis.


Robert Boaz CEO and President of Aura Silver states that, "The detailed
geophysics analysis undertaken by Reed gives us further comfort that we are
zeroing in on the source of high-grade surface gold, silver and copper
mineralization. Despite the difficult market for all junior exploration
companies we continue to enhance the value of our properties."


Paul Pitman, P. Geo. is Aura Silver's qualified person (as defined by National
Instrument 43-101) and has reviewed and approved the scientific and technical
information in this press release. 


About Actlabs

Actlabs' SGH technology is a deep penetrating "organic geochemistry" that
involves the analysis of surficial samples prospected over potential mineral or
petroleum targets (see: http://www.actlabs.com/files/SGH_-_NEW_.pdf). The
analysis involves the testing for 162 hydrocarbon compounds in the C5-C17 carbon
series range. These hydrocarbons result from bacterial activity associated with
a variety of minerals such as gold, silver and petroleum deposits, among others.
The observation of a specific set of hydrocarbon classes provides a forensic
signature of mineral identification related to the hydrocarbons synthesized by
bacteria that are in contact with the mineral target at depth. The
geochromatographic dispersion of the SGH classes in the overburden has been
successful in delineating mineral targets buried at depth of as much as 1,000
metres. Over 14 years of research, Actlabs has conducted over 900 SGH surveys
with an 85% repeat client base including some of the worlds' largest mining
companies. 


The recently developed Organo-Sulphur Geochemical analysis detects specific
sulphur based hydrocarbons related to the sulphur component of targets including
from massive sulphide mineralization. This analysis has complemented and refined
the previous SGH study, more narrowly defining these targets to a point where
ratings were either maintained or increased such that all targets now have the
highest priority rating. According to Actlabs, the highest level rating achieved
by the three targets indicates that "the SGH classes most important to
describing a gold-related (or silver-related) hydrocarbon signature are all
present and consistently vector with the same location with well-defined
anomalies". To obtain this rating there also needs to be other SGH classes that
when mapped lend support and confidence to the predicted location. 


About Aura Silver

Aura Silver is a TSX Venture listed company engaged in the acquisition,
exploration and development of precious metal prospects in Canada (100% owned
Greyhound project) and Mexico (the 70% owned East Taviche project). Aura Silver
has 101,680,844 common shares outstanding. 


Aura Silver's web site is located at www.aurasilver.com.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward looking statements that are made as of
the date hereof and are based on current expectations, forecasts and assumptions
which involve risks and uncertainties associated with our business including the
uncertainty as to whether further exploration will result in the target(s) being
delineated as a mineral resource, capital expenditures, operating costs, mineral
resources, recovery rates, grades and prices, estimated goals, expansion and
growth of the business and operations, the private placement financing
activities of the Company, plans and references to the Company's future
successes with its business and the economic environment in which the business
operates. All such statements are made pursuant to the 'safe harbour' provisions
of, and are intended to be forward-looking statements under, applicable Canadian
securities legislation. Any statements contained herein that are statements of
historical facts may be deemed to be forward-looking statements. By their
nature, forward-looking statements require us to make assumptions and are
subject to inherent risks and uncertainties. We caution readers of this news
release not to place undue reliance on our forward-looking statements as a
number of factors could cause actual results or conditions to differ materially
from current expectations. Please refer to the risks set forth in the Company's
most recent annual MD&A and the Company's continuous disclosure documents that
can be found on SEDAR at www.sedar.com. Aura Silver does not intend, and
disclaims any obligation, except as required by law, to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Aura Silver Resources Inc.
Robert Boaz
President and CEO
(905) 403-8010
boaz@aurasilver.com
www.aurasilver.com

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