Plans For Both Greyhound, Nunavut and East Taviche

TORONTO, ON - Aura Silver Resources Inc. reported on activities at its East Taviche property in Oaxaca State, Mexico. At East Taviche, Aura Silver has identified a number of geochemically defined silver and gold targets along a 7.5 kilometer N-S trend adjacent to, and on strike with the Company's previously defined silver/gold resource. This mineralized trend is referred to as the Higo Blanco trend. Aura Silver is currently looking at strategic financing alternatives that include potential partners, which could advance the East Taviche property in order to expand and increase the current resource and test other targets.

The Higo Blanco trend contains 14 sizeable silver pods and 7 gold related pods some of which overlap and are considered high probability drill targets. These newly discovered anomalies are significantly larger in size than Aura Silver's current resource area. In addition, to the far north of the Higo Blanco trend, there is a potentially deeper redox zone with overlapping gold and silver targets that should be investigated during a future drill program.

The Company believes that portions of this 7.5 kilometer N-S silver trend are defined by a structural zone where historic pits have been mapped but few have been sampled. These pits lie within silicified limestone breccias or "jasperoid" and, on surface, are locally mineralized with stibnite crystals (antimony) and occasional pyrargyrite (silver sulfosalt) clots. Aura Silver's defined resource lies to the immediate south of this jasperoid body and is hosted by silicified limestone breccias cut by quartz veins and stockworks. In the standard epithermal column, antimony mineralization is known as a pathfinder to both silver and gold epithermal deposits. Several other sizeable individual anomalies are also identified along the northwestern flank of the jasperoid body. The two northerly redox zones located 3 kilometers north of the defined resource appear to be deeper structures and coincide with a sizeable higher elevation stibnite complex.