AUGO · Aura Minerals

The Era Dorada Project approval represents Aura Minerals’ largest near-term growth catalyst and a strategic inflection point: it transitions the Company from exploration and feasibility into construction and production for a major new asset. With US$382.0 million in committed capex and a targeted start-up in early 2028, the project is positioned to materially expand Aura’s consolidated gold output — adding ~111,000 oz/year for at least four years, or roughly 25–30% of Aura’s current annual production (based on 2025 reported output of ~400,000 oz). The shift to underground mining — explicitly stated as a response to over 1,000 hours of community and regulatory dialogue — mitigates surface-level environmental risks and strengthens social license, directly addressing a key jurisdictional hurdle in Guatemala. The integrated water strategy — including potable water delivery, full process-water recycling, and urban wastewater collaboration — goes beyond compliance and embeds measurable ESG value creation, potentially reducing permitting risk and enhancing long-term operational stability. As Aura’s only gold project in Guatemala and one of its three advanced-stage developments (alongside Matupá and Tolda Fria), Era Dorada diversifies geographic exposure while reinforcing the Company’s '360° Mining' framework. Its inclusion in SEC- and CVM-filed disclosures, alongside a publicly available Feasibility Study, signals regulatory readiness and transparency — critical for investor confidence in a jurisdiction where social and environmental factors heavily influence project timelines and costs.