Wed Feb 7, 2007
Aurea Mining Inc. Announces Private Placement

Vancouver, BC: Aurea Mining Inc. ("Aurea") (MXA-TSX-V) is pleased to announce that it will complete a non-brokered private placement of up to 2,500,000 units at a price of $0.20 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share, one-half of one "A" common share purchase warrant (an "A Warrant") and one-half of one "B" common share purchase warrant (a "B Warrant"). Each whole A Warrant will be exercisable to purchase an additional common share at a price of $0.30 per share for a period of six months from the date of issuance. The terms of the A Warrants will also provide that if the closing price of the common shares of Aurea exceeds $0.30 for ten consecutive trading days, Aurea can deliver a notice requiring that all A Warrants be exercised within five business days or they will expire. Each whole B Warrant will be exercisable to purchase an additional common share at a price of $0.35 per share for a period of two years from the date of issuance. The units will be subject to a hold period of four months as required by TSX Venture Exchange policies and securities law. This private placement is subject to regulatory approval.

The proceeds of the private placement will be used to fund exploration of Aurea's mineral properties within the Guerrero Gold Belt in the State of Guerrero, Mexico.

Aurea Mining Inc., via its wholly-owned subsidiary headquartered in Mexico City, is exploring for gold within its strategic land position in the area of southern Mexico, known as the Guerrero Gold Belt in the State of Guerrero, Mexico.

For further information please visit our web site www.aureamining.com.

On behalf of the Board of Directors

"Richard Whittall"
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Richard Whittall
President and Chief Executive Officer

This news release may contain forward-looking statements regarding future exploration programs and events. Actual results may differ materially from those currently anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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