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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 oilfield13on Nov 29, 2006 1:41pm
344 Views
Post# 11772218

I don't know

I don't knowabout the majority here but i'm going with the 7 CANADIAN dealers that coughed up 75 mil at$37.50 to help finance this goldfind of the decade.There is definetly risk attached to owning aru,but at the same time i find it a risk not to be in.Once this political uncertainty is behind us we'll all breath a little better, no doubt.I just can't see this new pres being a complete fool as to deter foreign investments,if he,s for the people at all. take care oilfield
Bullboard Posts