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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 rich9on Dec 19, 2006 6:19pm
243 Views
Post# 11894476

Gold under the sandstone...

Gold under the sandstone... ARU keeps finding more and more substantial gold under that sandstone, which has surprised alot of people. I think everyone expected the grades to be lower as they approached the south and eventually tied the FDN deposit in with the Las Penas deposit. This is one reason why I think they may believe that the FDN and Las Penas deposits might be parallel to each other as opposed to being one big deposit. Who knows, maybe these deposits criss-cross each other. In any event, I think we are getting closer and closer to confirming a 20 million ounce deposit. Even with the lousy politics, ARU is far and away the best gold company to own right now IMHO. Now, if only gold would take off from here....
Bullboard Posts