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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 i2on Dec 09, 2006 8:03pm
165 Views
Post# 11838555

ARU is in hard place

ARU is in hard placeIF they make this resource much bigger it will get more and mroe attention and natives will demand that they get a share from the "FOREIGNERS".........IF they don't discover more then the stock will tank and the native MAY demand an interest still. Overall, the instability has taken the "INVESTMENT VALUE" out of ARU..time to mve onto something that does not have the "CORREA" handicap....ARU cant win in this battle......IF they hide resources then they risk losing the whole thing
Bullboard Posts