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.

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Aurania Resources Ltd

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Post by justjimon Apr 19, 2007 12:00am

344 Views

Post# 12636361

Correa will be smart

if he is an educated business man.The royalty will be an easy one to swollow right now,this way the country gets investment,once infrastructures and mining actually start, then they will start raising royalties, no use of scaring everyone away when potential for Equador could be incredible.Anyhow by that time are little Aurelian will be bought......these are my personal beleifs and my guess @ share price is North of $60 to start.

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