AUU Gold79 Mines Ltd

Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") is
pleased to announce that its 2011 field program focusing on high grade
gold-silver targets at its Greyhound Project in Nunavut, Canada has begun. 


Ground electrical - and magnetic surveys across three geologically distinct
target areas were initiated in early May and are almost complete. This program
compliments the Induced Polarization (IP) survey completed in 2010 to the east
and southeast of Aura Lake. The 2010 IP survey identified drill targets for the
current drilling program. As previously reported, grab surface samples around
Aura Lake returned exceptional grades of over 5,300 g/t silver and 28 g/t gold
which are now well constrained by geophysical and soil geochemical anomalies.
The first stage of this program consisted of 40 kilometres of ground horizontal
loop/magnetic surveying across defined airborne GEOTEM conductors at the north
east end of the property which is approximately 20 kilometres from Aura Lake
where surface samples returned up to 4.0 g/t gold in sulphidized iron formation.
This area is best described as having similar geological characteristics as that
of Agnico Eagle's Meadowbank mine which is just 40 kilometres north of
Greyhound. The survey of the first target area is now complete with analysis of
the data to be carried out. 


Two smaller grids are currently testing GEOTEM airborne targets as potential
high grade copper and zinc volcanic-massive sulphides (VMS) targets. Prospecting
work undertaken in 2008 identified high grade copper (up to 9.2%) and zinc (up
to 18.5%) surface rock samples in the area. Geology is defined by rhyolite which
is significantly sodium depleted, a strong pathfinder for the formation of VMS
deposits.


The drilling program is scheduled to commence in the next week in the area of
defined high grade gold and silver targets. Over 2,000 metres of core in 20
drill holes is expected to be completed by mid-July. Follow up work will consist
of prospecting and soil sampling in the area 20 kilometres to the northeast of
Aura Lake with further drill testing in late summer.


Robert Boaz CEO and President of Aura Silver states that, "We have refocused our
work due to surface discoveries of high grade silver-gold float made in 2010.
The Company is hopeful of intersecting bedrock mineralization based on very
positive geophysical-geochemical signatures". 


Dr. James M. Franklin, 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 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 in Oaxaca, Mexico. Aura Silver has 81,653,590 common
shares outstanding. 


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.

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