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Aurania Resources Ltd V.ARU

Alternate Symbol(s):  AUIWF | V.ARU.WT.B | AUIAF

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 oldkrowon Oct 20, 2007 2:12pm
383 Views
Post# 13609340

RE: $$-"Newmont-moves into "Ecuador-$$

RE: $$-"Newmont-moves into "Ecuador-$$I own shares in both ARU and GML. ARU is a sure thing, but you cant sneeze at GML drill intercepts such as 284m of 2.75gpt, 400m of 1.0 gpt, 196m of 2.2gpt, 330m of 3.0gpt. GML's Condor project has the makings of a very profitable open pit mine, and has measured and indicated of only 35,000 oz, but inferred of 1.62mm oz. These figures are due to be updated with several years drilling results in the coming months. The company also owns the highly prospective land directly west of the west fault @ Aurelians FDN. The chances that the "other half" of FDN faulted over there is slim, but possible, but the geo-chemistry is strikingly similar, and artisinal findings were more prevalent on the GML property. Something is there to be found and they are preparing to begin drilling ops there in early 08.The two companies are combining efforts on airborne surveys to commence in December, and with new, much improved management in place, GML should begin to shine. Personally, I think that both companies could trade at many multiples of their current price, as they uncover more yet undiscovered gold deposits. It is doubtful that FDN lies there all by itself. My point---dont underestimate GML.There are other assets within the company that I wont bore you with. GLTA
Bullboard Posts

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