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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 Jan 07, 2007 9:37pm
411 Views
Post# 11970492

KRY compared to ARU

KRY compared to ARU The market is giving a market value of more than 1 billion dollars to Crystallex in Venezuela. That's good news for share-holders of KRY who have been through the wringer because of that nut-bar Chavez. No disrespect intended to shareholders of KRY, but KRY is nowhere near the gold deposit that is ARU's and yet the market cap of ARU is less than KRY's. KRY has a 12 million deposit, but it is very low-grade compared to FDN's. ARU is looking at 15 to 20 million plus right now of extremely high-grade gold and silver. The downward pressure on the share-price of ARU is way over-done but like KRY, the share price will re-bound. If the share-price of KRY can rebound so well in Chavez's backyard, I am sure the same will happen to ARU in Ecuador.
Bullboard Posts