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.

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Aurania Resources Ltd

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Comment by tommygavinon Nov 27, 2006 4:19pm

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Post# 11758559

RE: Sprott is buying constantly

margin calls take days or even weeks to play out. I had many,the bank will usally send you a letter after a few days and give you a week to bring in more cash,more marginable securities,or sell something,if you do not comply,after a while they will sell something to bring your account current.I think anybody holding ARU on margin(marginis only 25%) will just hope the price goes back up and they would have to do anything.

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Visionstate set to leverage success in the U.S. market