- Aura Silver

MARCH 2016
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Forward Looking Statements
Statements made in this presentation, including the Company’s objectives, projections,
outlook, estimates, expectations or predictions, contain forward-looking information
and statements within applicable Canadian and US securities laws. Aura Silver
cautions that such information involve risk and uncertainty and that actual results could
differ materially from those contained in them. In addition, certain material factors or
assumptions were applied in drawing the conclusions or making the forecasts or
projections contained in them. Additional information about the material factors that
could cause the results to differ materially, and the material factors or assumptions that
were applied, are contained in Aura’s press releases, current financial statements and
MD&A, all of which are available on SEDAR
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Directors & Officers
Nick Tintor, Chairman & Director
Professional Geologist, B.Sc.
Robert Boaz, President, CEO & Director
Finance, MA, B.A.
Dr. J. M. Franklin, Independent Director
Professional Geologist, PhD., P.Geo.
Eric Craigie, Independent Director
Consulting Geologist, B.Sc.
Technical Consultants
Bill Boberg, Independent Director
Professional Geologist, M.Sc., P.Geo.
Patrick Toth, General Manager, Mexico
______________________________________________
Consulting Geologist, B.Sc., P.Geo., Q.P.
John McNeice, Chief Financial Officer
Paul Pitman, General Manager, Canada & USA
Chartered Accountant, B. Comm.
Consulting Geologist, B.Sc., P.Geo., Q.P.
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Capital Structure
(unaudited as at Feb. 28, 2016)
• Listed on the TSX Venture Exchange
• Outstanding
113,830,844
• Warrants
11,150,000
• Options
6,850,000
• Fully Diluted
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131,830,884
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North American Projects
Greyhound Project
100% interest
MEXICO
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CANADA
Taviche Project
100% interest
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Location Map
Nunavut, Canada
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Property Map
Aura Lake
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Claims
Area(ha)
K01191
K01195
K01196
K01198
K01199
K01200
K10896
K10895
K10897
K01192
K01193
K01194
K01197
F94243
F94244
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
1045
Agreement
with
• Agnico Eagle signed a 3-year option agreement
with Aura Silver in June, 2014 to earn a 51%
interest in the Greyhound project by making a
total of $1.75 million in exploration and cash
option payments of $210,000 by 2017
• On completion of this earn-in Agnico Eagle has
the option to increase to 70% over 3-year
period by (i) financing a Feasibility Study or (ii)
incurring $5.0million in work expenditures &
cash option payments of $250,000
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Regional Environmental Setting
• Meadowbank Mine
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Access
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Prospecting – Significant Rock Assays
Road to Meadowbank Mine
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Greyhound Gold Target & Organic-Geochemistry
VTEM
Plan View Organic-Geochemistry
“Gold Pathfinder” Class Map
Drill Targets
In 2015 Agnico tested a portion of
this anomaly intersecting 6.41g/t
gold over the last 1.5meters of
drill core (Hole GHD 15-017)
Hole 15-017
Drill Target
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Results of the organic-geochemical
work illustrate nested-halo
anomalies that have outstanding
symmetry and a confidence rating
of 6.0 out of 6.0 the highest rating
ever recorded by Actlabs.
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Greyhound Silver Drill Targets
silver
Plan View Organic Geochemistry “Silver Pathfinder”
Class Map
(two identifiable and strong nested-halo anomalies)
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2016 – Exploration Continues at Greyhound
Agnico Eagle, as operator
recommends additional drilling and
other work in 2016 and must
spend $1,000,000 to continue with
the option.
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Taviche Property, Mexico
500 km
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Oaxaca
State
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Mexican Provinces for Epithermal Gold
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Taviche District
A Rich Mining Legacy and Mexico’s
First Silver District
The district is well documented as one of
the most prolific mining areas in Mexico
for silver and gold during the late 1800s
and early 1900s
An extensive historic underground silver and
gold mining history is recorded on the property
- over 60 mines are on record.
The mining district extends over an area of
500 sq km. Most mines reached only
shallow depths
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Higo Blanco Exploration Model
Target Area
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Higo Blanco Jasperoid Trend & Land Map
3.5 km by up to 0.5 km in Width
(see slide 24)
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Mezcal Drilling Area for Resource Definition
NI 43-101 Compliant
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Identified Resource – Silver/Gold
INFERRED RESOURCE
A NI-43-101 report provides estimates of an inferred silver resource of 865,000 tonnes at a grade of
119 g/t (3.3 million ounces of contained silver) and an inferred gold resource of 3.3 million tonnes at
a grade of 0.51 g/t (54,000 ounces of contained gold).
MINERAL RESOURCE POTENTIAL**
Additionally, the "Mineral Potential" located near or within its seven kilometre-long by 300 metre-wide
Higo Blanco jasperoid-altered area on the East Taviche and Alma Delia concessions was estimated to
be between 6.0 million and up to 29.0 million ounces of silver (2 to 6 million tonnes at a grade of 100
to 150 g/t) and between 108,000 and up to 450,000 ounces of gold (10 to 20 million tonnes at a
grade of 0.4 to 0.7 g/t. The potential quantity and grade is conceptual in nature, there has been
insufficient exploration to date to define this as a mineral resource and it is uncertain if further
exploration will result in the target being delineated as a mineral resource
**"Taviche Project, Resource Estimate and Preliminary Economic Assessment for the Higo Blanco Project" by
Geoffrey S. Carter, P. Eng. of Broad Oak Associates (dated September 28, 2011)
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Significant Drill Assays (silver equivalents)*
12.1 Meters – 533 g/t Silver Equivalent (HBET 03)
11.6 Meters – 166.3 g/t Silver Equivalent (HBET 02)
36.6 Meters – 303.9 g/t Silver Equivalent (HBET 16)
29.55 Meters - 0.50 g/t Gold (HBET - 01)
9.80
Meters - 0.87 g/t Gold (HBET - 02)
14.10 Meters - 0.54 g/t Gold (HBET - 03)
8.95
Meters - 0.50 g/t Gold (HBET - 11)
10.55 Meters - 0.51 g/t Gold (HBET - 15)
15.50 Meters - 0.69 g/t Gold (HBET - 22)
8.35
Meters - 2.05 g/t Gold (HBET - 24)
22.00 Meters - 0.54 g/t Gold (HBET - 26)
23.15 Meters - 0.85 g/t Gold (HBET - 27)
* Defined as silver grade plus 60x gold grade
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Gold/Silver Organic Chemistry Redox Cells
Analysed by ActLabs
Interpretation
Redox Zone 3
The four major drill targets labelled Redox
Zones and marked with a star (
) are the
highest priority drill targets which may be
considered the potential source of the current
gold and silver inferred resource on the
property.
Redox Zone 2
The 4 light blue oval areas (defined as
secondary drill targets) represent the most
confident locations of the vertical projection of
the shallowest gold and/or silver mineralization
in depth from surface.
Redox Zone 1
KNOWN
RESOURCE
Primary Drill Target
Redox Zone 4
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1-4 Secondary Drill Targets
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Secured Social License to Work at San
Pedro
Friendly population, most of whom survive through subsistence agriculture
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Investment Considerations
FOCUS ON SILVER & GOLD
MINING-FRIENDLY NORTH AMERICA
SILVER/GOLD RESOURCE IN MEXICO
AGNICO EAGLE MINES AS PARTNER IN CANADA
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