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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 25, 2007 10:54pm
324 Views
Post# 12842968

RE: Reforming Foreign Investment Law

RE: Reforming Foreign Investment Law70% is the tax,not the taxable income.I also believe that it is quite possible that the 70 to 80% proposed tax was a a slip of the tongue.Someone in the government may try to bring this into law sometime.This just proves that the government or parts of the government are taking a hard look at all the gold ARU has.If the government says to the mining companies,you must pay the tax,they have too or pack up and go home.Mayby thats what the government want,then they could get there own partners and develop the deposits themselves and ARU can go back to a 50 cent stock.
Bullboard Posts