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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 Dec 20, 2007 9:44pm
218 Views
Post# 14056179

correa runs the show

correa runs the showhe has already stated open pit mining is not a problem with strict environmental controls over acostas objections; soto is used to relay messages to the public without the politicians having to take ownership; so his reporting usually has some basis in fact or concept from the highest levels but is never entirely true and at times misdirectional; anything this guy reports requires confirmation from an unrelatable or independent source before taking action; the 70% may be an opening negotiating position and subject to downward revision; if the 70% stays the real question is at what goldprice does it kick in; at $800 x 18mil.ozs we would still have a value after costs in excess of 10b /145mil.shares= ALOT -joe
Bullboard Posts