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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Post by uLYSESSon Nov 28, 2006 10:19pm

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Post# 11768120

THIRD WORLD RISK

I like all my assets to be in the usa or canada .... I have learned a lot over the years and the last thing I want is to wake up one morning to have my "gold mine" taken over by some Castro-loving dictator in disguise ..... ARU is better at cheaper prices, and I think that's where its heading .... its worth more, but's the mine is in Eucador(sp?) ... right? There is enough specific company risk, let alone the risk of gov't takeover .... Occidental lost an oil field in Ecuador this year ... Newmont lost a gold mine over near Russia .... I recommend WESTERN OIL SANDS (WTO) for takeover potential in the near-term ....much safer

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