Aura Minerals Adds 110k Oz of Mineral Reserves at Apoena Mines in Brazil in 2023; LOM Now Exceeds 5 Years and is Expected to Continue Increasing
P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.
- P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.
- Measured and Indicated (“M&I”) Mineral Resources also continue to increase, now at 478,000 oz of contained gold after 2023 depletion.
- Future exploration efforts will now focus on increasing Inferred Mineral Resources down dip and along strike, including expansion drilling to delineate possible connections between the pits.
- 2023 Summary of Changes in Proven & Probable Mineral Reserves, Measured and Indicated Mineral Resources and Inferred Mineral Resources are shown in Figure 2.