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.

TSXV:ARU - Post by User

Aurania Resources Ltd

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Post by rich9on Feb 22, 2007 12:07pm

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Post# 12288415

Araquipa compared to ARU

These are most of the drill results that led to AQP being bought out for 1,000,000,000.00 back in 1990's. 107 metres @ 5.98 g/t gold 48 metres @ 2.69 g/t gold 16 metres @ 0.44 g/t gold 23 metres @ 1.49 g/t gold 52 metres @ 4.3 g/t gold 56 metres @ 2.12 g/t gold and 58 g/t silver 88 metres @ 2.02 g/t gold 43 metres @ 7.50 g/t gold and 184 g/t silver 88 metres @ 6.58 g/t gold and 130 g/t silver 144 metres @ 6.82 g/t gold and 173 g/t silver ARU's drill results blow AQP's out of the water...Gold is worth 680.00/ounce now as compared to about 350.00 t0 450.00 when AQP was bought by Barrick Gold, so how much will a major pay for ARU?

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