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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
Post by joeking09on Sep 23, 2007 12:48pm
418 Views
Post# 13450682

ask yourself

ask yourselfthe 43101 is a document used for external purposes prepared by an independent company to give it arm's length credibility mostly for raising $$$; WE DON'T NEED money we have 4 years of cash and the broker's will gladly do a pp for a fee; no 43101 at $37.50pp; so ASK YOURSELF why the big rush to infill fdn as opposed to drilling n,s,e,w or papaya etc. BECAUSE patrick wanted an indendent resource #/metalurgical so that when abx etal launch the FIRST bid we have a confirmed 10.3++mil ozs as a starting point for the fdn conversation/negotiations whether it be hostile/friendly and we don't get SCREWED! BEE is on board to prepare the bankers feasibility 43101 which includes mine design, cash flow, roi etc. as a back-up plan that we don't need anyone else and we can go it alone GET THE BEST PRICE-merry xmas-joe
Bullboard Posts