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ADDING and REPLACING Project Financing Mandate Awarded for Aurizon's Casa Berardi Project.


VANCOUVER, British Columbia -- Add after last graph of release.

The corrected release reads:

PROJECT FINANCING Project financing

A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis.
 MANDATE AWARDED FOR AURIZON'S CASA Ca´sa

n. 1. A house or mansion.
I saw that Enriquez had made no attempt to modernize the old casa, and that even the garden was left in its lawless native luxuriance.
- Bret Harte.
 BERARDI PROJECT

Aurizon Mines Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: ARZ ARZ Allgemeines Rechenzentrum GmbH (Innsbruck, Austria)
ARZ Auto-Restricted Zone
ARZ Aquatic Ruin Zone (Sonic 2 level) 
)(AMEX AMEX

See: American Stock Exchange
: AZK AZK Artikel Zur Krankenpflege (German: articles on health care; Willich, Germany) ) is pleased to announce that it has awarded BNP Paribas ("BNPP BNPP BNP Paribas (French bank)
BNPP Bank-Netherlands Partnership Program
BNPP Bushehr Nuclear Power Plant (Bushehr, Iran)
BNPP Below Ground Net Primary Productivity
") an exclusive mandate to arrange and underwrite a debt financing facility to complete the construction and start-up of the Company's 100% owned Casa Berardi Gold Mine Project located in northwestern Quebec, Canada. BNPP is a AA rated, world class financial institution with assets in excess of US$1,000 billion and a full range of product and distribution capabilities, including a dedicated group specializing in providing project finance services to the energy, metals and mining industries. A market leader, BNPP ranked as the number one mandated lead arranger and arranger of project finance worldwide in 2004.

"This has been a pivotal year for the Company," said David Hall, President and C.E.O. of Aurizon. "Securing the mandate for the debt financing facility to see Casa Berardi through to commercial production will mark another important milestone. The low risk nature of the Project attracted extremely competitive proposals from several banks and we appreciate their strong interest in financing the Project. We are delighted to be working with BNPP in this final stage of developing Casa Berardi to be Canada's next gold mine."

Aurizon has also engaged Roscoe Postle Associates Inc. ("RPA RPA Remote Patron Authentication
RPA Rural Payments Agency (UK Department of Environment, Food and Rural Affairs)
RPA Replication Protein A
RPA RNAse Protection Assay
RPA Regional Plan Association
RPA Random-Phase Approximation
") to audit and integrate the Company's recently completed internal feasibility study into an Updated Feasibility Study, which will take into account the higher grade lower portion of Zone 113, below the 700 metre level. This independent, National Instrument 43-101 compliant, technical report is expected to be completed by the end of September, 2005.

Construction of the surface infrastructure is on budget and on schedule, and shaft sinking will commence in early September 2005. Underground development is also on budget and on schedule for commercial production to commence in the fourth quarter of 2006. As at June 30, 2005, Aurizon had cash and working capital in excess of $25 million.

Aurizon is a Canadian-based gold development company, with activities in the Abitibi region of northwestern Quebec, one of the world's most prolific gold and base metal regions. Pre-production construction is currently underway and production at the Casa Berardi Project is anticipated to commence in late 2006. Casa Berardi is accessible by road, has mining permits in place and is on the Hydro Quebec power grid. Aurizon shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol "ARZ" and on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 under the symbol "AZK".

This News Release contains "forward-looking statements", including, but not limited to, statements regarding the Company's expectations as to the market price of gold, strategic plans, future commercial production, production targets and timetables, mine operating costs, capital expenditures, work programs, exploration budgets and mineral reserve and resource estimates. Forward-looking statements express, as at the date of this report, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward looking statements, include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks and hazards, environmental risks and hazards, uncertainty as to calculation of mineral reserves and resources, requirement of additional financing, risks of delays in construction and other risks more fully described in Aurizon's Annual Report on Form 20-F filed as an alternative form of AIF AIF Annual Information Form
AIF Apoptosis-Inducing Factor
AIF Agence Intergouvernementale de la Francophonie (French: Intergovernmental Agency for Francophony)
AIF Australian Imperial Force
 with the Securities Commissions of the provinces of British Columbia, Ontario and Quebec, with the United States Securities and Exchange Commission, and with the Toronto Stock Exchange.

U.S. Registration: (File #0-22672) Form 20-F
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 23, 2005
Words:656
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