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Aurania Resources Ltd V.ARU

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

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 oldkrowon Oct 25, 2006 3:13pm
610 Views
Post# 11555796

area play

area playGML is the most likely play! They own the Eccolmetals property 300 meters W of ARUs big holes. Accordding to Sprott analyst Justin Reid, FDN is open to the W and S and the mineralization dips to the W--toward GML. Maps are provided in GMLs last several news releases and they show a major confluence of faults very close to ARU. Thier induced polarization tests indicate possible high sulphide mineralization in the same area. GML also has 3 other projects, including one on the S end of ARUs property that has had extensive drilling and has proved up over 1 mm oz. Au.. They also own property just to the NNW of the FDN area. Long both, but have put some ARU profits into GML---good luck to all--Lex
Bullboard Posts

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