Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") is
pleased to confirm that the Aura Silver / Intrepid Mines Ltd. joint venture
("Taviche JV") has received the payout of US $2.0 million net of prior
concession fees owed to Pan American Silver Corp. ("Pan Am") as announced in
Press Release #13-02 of July 16, 2013. The payment was triggered by the
completion of Pan Am's sale of the West Taviche concession to Fortuna Silver
Mines Inc. and is in accordance with the agreement between the Taviche JV and
Pan Am which was completed in April 2012. The April 2012 agreement allowed Pan
Am to retain a 100% ownership of West Taviche with the proviso that upon a sale
of an interest greater than 70% in the property, US $2.0 million would be paid
to the Taviche JV. In turn, the Taviche JV received a 100% ownership interest in
the East Taviche concession where the Taviche JV has had the greatest amount of
drilling success. Pan Am retains a 1.5% net smelter royalty in respect of East
Taviche.


The net payment of approximately US $1.85 million was split between Aura Silver
and Intrepid based on their current shares of the Taviche JV resulting in a
final payout of approximately US $1.3 million to Aura Silver. The payment
relieves Pan Am of any further obligations to the Taviche JV with respect to
West Taviche.


Aura Silver plans to utilize these funds to advance exploration at both the East
Taviche and Greyhound properties and for general corporate and working capital
requirements.


Additionally, in connection with completion of this transaction, the title to
the East Taviche concession was transferred from Pan Am's Mexican subsidiary
Plata Panamericana S.A. de C.V. into the name of Aura Resources Mexico S.A. de
C.V., the Company's wholly-owned subsidiary, through which operatorship of the
Taviche JV is conducted.


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 101,680,844 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.


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