Aurania Resources Ltd V.ARU

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

Metals & Mining Industrial Metals & Minerals

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

Aurania Resources Ltd

Bullboard Posts

Post by rich9on Aug 12, 2006 12:46pm

516 Views

Post# 11218091

Spin-off

This whole land package that ARU owns, may contain over 100 million ounces of Gold, 100 million ounces of Silver and billions of pounds of copper. I certainly hope that management, does not sell the whole farm on this one, as this company could be worth several billions of dollars, if you take into account, all their concessions. I certainly hope, that they sell off, only the FDN/Las Penas concessions and spin-off into a new company. There could very well be, still, a few world class Gold/Silver/Copper deposits, left to discover on their properties. It would be a shame, if they gave away, all that potential, for peanuts.

Bullboard Posts

Debt-free cannabis company set for next stage of growth