Development Advanced

The Company's immediate focus is commencement of gold mining activities at the high grade gold project at Sao Chico in Brazil and commencement of evaluation of the potentially large Crater Mountain gold project.  It is also progressing its Fergusson Island gold project in Papua New Guinea and seeking a joint venture partner for its encouraging vein style polymetallic discovery (zinc-tin-copper-silver dominant) at Croydon in North Queensland.

For further information please contact;
Ken Chapple,                                          or           Greg Starr
Managing Director                                                 Chairman
Mb +61 (0) 418 758 301                                        Mb +61 (0) 414 906 611

or visit GOA website at www.goldaura.com.au.