Aurania Resources Ltd V.ARU

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

Metals & Mining Industrial Metals & Minerals

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.

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Aurania Resources Ltd

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Post by esselte25on Apr 25, 2008 8:12am

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Post# 15008468

CORREA SAYS RESPONSIBLE MINING WILL GO AHEAD IN EC

Corriente welcomes Ecuador government's mining plans

2008-04-25 07:10 ET - News Release

Mr. Kenneth Shannon reports

CORRIENTE AND OTHER MINING COMPANIES MEET WITH PRESIDENT CORREA AND TOP OFFICIALS: CORREA SAYS RESPONSIBLE MINING WILL GO AHEAD IN ECUADOR

Corriente Resources Inc. and seven other mining companies (Aurelian Resources, Cornerstone Capital Resources, Dynasty Metals & Mining, Ecometals Ltd., Iamgold, International Minerals Corp. and Salazar Resources) collectively met with president Correa and other top officials yesterday afternoon in Quito to discuss the future of mining in Ecuador and the impact of the previously announced mining mandate.

The companies welcomed president Correa's repeated statements that responsible mining will go ahead in Ecuador. He said that the purpose of the mining mandate was to allow the government to get its house in order and new mining laws in place so that responsible mining can proceed. The president invited the mining companies to meet with the ministry (of mines and petroleum) to help formulate the new mining laws, starting this coming Monday, April 28.

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