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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 rich9on Sep 07, 2006 7:31pm
382 Views
Post# 11332574

All gold stocks down...

All gold stocks down... There's been a real nervousness lately in the junior golds sector. Aru is not the only high quality gold stock to succomb to this fear in the market and drop a few percentage points. Many other gold companies are also, waiting for their drill results, which only adds to the negativity and suspicions of the average gold stock investor. The delay in our drill results are not due to anything other than a bottle-neck at the labs. We have alot of drill results that will be reported soon. If they are good results, then we may see the 30's in share-price, with low thirties as a support level.
Bullboard Posts