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Aurania Resources Ltd V.ARU

Alternate Symbol(s):  AUIAF | V.ARU.WT.B | AUIWF

Aurania Resources Ltd. is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes Mountain range of southeastern Ecuador. It holds 100% of the Lost Cities - Cutucu project that covers approximately 208,000 hectares (ha) in southeastern Ecuador. It has also applied for mineral concessions in adjacent northern Peru, and for an exploration license in the Brittany Peninsula of northwestern France. Epithermal targets for Gold-Silver include Kuri-Yawi, Tatasham and Kuripan. Intrusive-related copper targets include Tatasham and Awacha. It has discovered a 15-kilometer-long trend in which silver-zinc-lead-barium occurs in the Shimpia target area, which is enclosed by the various Tiria epithermal gold-silver targets.


TSXV:ARU - Post by User

Bullboard Posts
Post by willexon Aug 09, 2006 12:00am
953 Views
Post# 11204926

Huge!! Hard Rock Analyst about Aurelian

Huge!! Hard Rock Analyst about Aurelian The August 2006 issue of the HRA Journal has been posted to the hardrockanalyst.com website. It outlines what may be the strogest gold discovery of the cycle, how we came to that conclusion, and why we think it is still a buy after exceptional gains already in the market. ........................ This project encompasses a new gold district that will be of great interest to gold majors lacking strong new deposits to replace existing output. Because of the rapid share price gain, we have laid out some elements of evaluation in greater then usual detail. Both shifts in sentiment for gold and project results will drive ARU going forward. We expect some further resource expansion as exploration continues, with price appreciation matching this. Accumulate on weakness as a gold hedge, and for continued expansion of its exceptional gold resource building at the Condor project, to a likely paper swap with a major producer.
Bullboard Posts