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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 veteran98on Jan 25, 2008 2:31pm
310 Views
Post# 14263695

All parties at the table keen to arrive at an agre

All parties at the table keen to arrive at an agre"We continue our discussions with the government of Ecuador with the goal of outlining a stability agreement under which the FDN deposit can be brought into development. As such we have been in regular weekly meetings with Ecuador's Ministry of Petroleum and Mines since early January. Discussions are proceeding well, with all parties at the table keen to arrive at an agreement that benefits the country as well as our investors. The goal is to establish royalties, taxes and other requirements for development of FDN as well as discussing draft-mining laws and policies that will govern the rest of our concessions. The government is aiming to complete these discussions in March."
Bullboard Posts