TSX-V: AUR AIM: AAAM </pre> <p/> <p><location>TORONTO</location>, <chron>Oct. 22</chron> /CNW/ - African Aura Mining Inc. ("African Aura" or the "Company") (TSX-V: AUR) and (AIM: AAAM); the Company was informed <chron>October 21, 2009</chron> that Guy Pas, a Director of the Company, made a further purchase of common shares of the Company ("Common Shares"):</p> <p/> <pre> ------------------------------------------------------------------------- Common Price per Date of Total Common Shares Shares Common purchase Common as a percentage purchased Share Shares held of current (p) following issued share purchase capital (%) ------------------------------------------------------------------------- Guy Pas 50,000 63 October 20, 5,009,226 9.47 2009 ------------------------------------------------------------------------- </pre> <p/> <p>About African Aura Mining Inc.</p> <p/> <p>African Aura is an established African exploration and development company with a primary listing on the TSX-V (AUR) and a secondary listing on London's AIM (AAAM). African Aura is focused on the development of world-class iron ore and gold deposits in highly prospective, under explored countries of sub-Saharan <location>Africa</location>. The Company has a highly motivated and experienced team with a record of discovering mines and taking projects through development and into production in African.</p> <p>African Aura's assets include the New Liberty gold deposit and the Putu iron ore project, both in <location>Liberia</location>. Putu is being explored and operated by the Company's Joint Venture partner, Severstal Resources (the mining division of OAO Severstal). Severstal Resources is one of the largest mining companies in <location>Russia</location> with EBITDA in 2008 of US$859 million. The Company also has a 59% interest in diamond producer Stellar Diamonds Ltd. A pioneer in <location>Africa</location>, African Aura has attracted some excellent strategic partners and shareholders always with the objective of preserving or enhancing shareholder value.</p> <p/> <p>Qualified Person</p> <p/> <p>African Aura's Qualified Person responsible for preparing this release is <person>Dr. Tom Elder</person>, who holds a BSc and Doctorate in Geology from the University of Durham in the UK, is a Fellow and former Member of Council of the Institution of Mining and Metallurgy, and a Fellow of the Geological Society.</p> <p/> <p>Quality Control and Sample Preparation</p> <p/> <p>African Aura has a rigorous Quality Control Program (QCP) inserting a minimum 5% of standards, blanks and duplicates into the sample stream. The Company employs independently owned and managed OMAC Laboratories for all its assay requirements, including the preparation of pulps to 90% -100 micron at their in-country preparation facilities in <location>Liberia</location>, followed by XRF at their main laboratory in Loughrea, <location>Ireland</location>.</p> <p>OMAC is accredited to ISO 17025 by INAB (Irish National Accreditation Board) which is a member of ILAC (International Laboratory Accreditation Cooperation), and is a signatory to the ILAC Mutual Recognition Arrangement. OMAC operates an internal QA/QC check assay programme using in-house standards, reagent blanks and duplicates.</p> <p/> <p>Forward-looking Statements</p> <p/> <p>This press release includes certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the future plans and objectives of African Aura, are forward-looking statements that involve various known and unknown risks and uncertainties as well as other factors. Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including delays in obtaining or failure to obtain required regulatory approvals. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Any forward-looking statements speak only as of the date hereof and, except as may be required by applicable law, African Aura disclaim any obligation to update or modify such forward-looking statements, either as a result of new information, future events or for any other reason.</p> <p/> <pre> Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
For further information: For further information: on the Company you are invited to visit its website at www.african-aura.com, or SEDAR's website at www.sedar.com, or contact one of the following: African Aura Mining Inc., Luis da Silva, President & CEO, Tel: +44 (0) 20 7299 4212; Evolution Securities Limited, Simon Edwards, Chris Sim, Neil Elliot, Tel: +44 (0) 20 7071 4300; Pelham Public Relations, Charles Vivian, James MacFarlane, Tel: +44 (0) 20 7337 1500
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