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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 Brieguyon Jun 04, 2007 8:11am
319 Views
Post# 12885662

RE: Questions about political risk in Ecuador

RE: Questions about political risk in EcuadorBravekind. If anyone on this board "mauls" you because of this post it is they who have the problem. You are totally right. It is all about "risk reward". Exactly the reason I am here. I honestly don't believe that the political risk is high. My reasoning for this is that the deposit it self is just to incredible to pass up. In other words no major gold producer will just let this go. Political risk or not, one of these deep pocketed companies will make a deal with the Equadorian gov't thats profitable to all.
Bullboard Posts