AUU Gold79 Mines Ltd

Aura Silver Resources Inc. (TSX VENTURE:AUU) ("Aura Silver" or the "Company") is
pleased to announce that the Aura Silver / Intrepid Mines Ltd. joint venture
("Taviche JV") will receive a payout of US $2.0 million net of prior concession
fees owed to Pan American Silver Corp. ("Pan Am"). The payout has been 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 payout of approximately US $1.85 million will be 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. This payout
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.


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. 


Aura Silver's web site is located at www.aurasilver.com.

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: 
Aura Silver Resources Inc.
Robert Boaz
President and CEO
(905) 403-8010
boaz@aurasilver.com
www.aurasilver.com

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