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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
Comment by tommygavinon May 24, 2007 12:05am
357 Views
Post# 12829666

RE: A bit old news..but still good

RE: A bit old news..but still goodGood news that Equador plans to pay interest on there bonds ????? I think thats a given,we should all expect Governments,companies and persons should pay their debts.

The bad news,do I understand this right.Equador is looking for ways to get out of paying some of their debt,because of previous governments or action of previous indiduals in the government.Doesn,t look like they want to do the honorable thing.And the way governments change,one government lets you build a mine ,the next one taxes the hell out of you,the third just nationalizes it,saying the gold belongs to the people anyways.Time will tell!

Bullboard Posts