more aur infoBusiness Development
Aur carries out its exploration and acquisition activities in South America with a focus on porphyry style copper and copper-gold properties. A team of seven professional staff based in Santiago, Chile manages these programs for which a budget of $2.3 million has been established for 2004. The exploration program will include generative and prospecting work directed toward the discovery of new deposits in the producing mineral belts of Chile as well as the ongoing evaluation of the Petacas copper project. High-grade, vein-type, gold-silver prospects in Argentina will also be evaluated. Aur’s acquisition program designed to identify development stage and producing mining assets which would increase metal production and profitability in the near term will be carried out in Chile, Peru, Brazil and Bolivia in 2004.