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Aurania Resources Ltd V.ARU

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

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 BRITNICK27on Nov 25, 2007 1:37pm
115 Views
Post# 13863947

Erronious

Erronious"you have yet to say one word to the psycho shmucks on this board regarding their rants of pure fantasy that they disguise as a long position." You are wrong once again, there was a time to alert potential investors regarding extraordinary risk. (January 2007 to May 2007) https://www.stockhouse.com/bullboards/viewmessage.asp?no=15281570&tableid=0 Back then mining in Ecuador was an wildcard. The direction of the Correa government was unknown. Alberto Acosta was the mining minister whose wife is the biggest tree hugger in Ecuador. Nationalization was still front and center with groups like Ecuanari, Decoin, Intag etc. These NGO's were considering a run at the Constituent Assembly referendum. ARU did not have an inferred resource proven under the 43-101 standard. At that time I maintained time and time again that actions speak louder than words. What has happened since then? Ecuanari removed itself from the CA elections which Correa won easily. ARU have an inferred resource north of 13 million with a high cut off rate, expect that to prove up to 20 million. DMM have been fully permitted and will go into production shortly. CTQ have been given assurance that their consessions are in good standing. IMG have negotiated a reasonable solution to the consessions they held in Environmentally sensitive areas. The government have held numerous stakeholder meetings with input from the international miners, and the governments of Peru, Chile and Canada. https://www.ecuadorminingnews.com/news.php?id=52 https://www.ecuadorminingnews.com/news.php?id=50 The windfall tax quotes and the Correa quotes about non-producing consession revocations have been the hold backs but are clearly taken out of context when you consider the recent actions with the mining forums and releases from DMM, IMG and CTQ. If you don't see the obvious difference between off the cuff quotes posted by unscrupolous news agencies and the real events that have transpired then like I stated before you are an ignoramus. End of story. Cheers BritNick
Bullboard Posts