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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

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Post by oldtimer42on Jan 04, 2012 1:53pm
407 Views
Post# 19369434

News Release

News Release

A bit of a nothing release other than promising results from the sampling by the end of January,

 

AuRo Provides Exploration Update in the Cal-Vetas-Surata Mining District, Colombia

Last Update: 1/4/2012 8:36:30 AM
 

VANCOUVER, BRITISH COLUMBIA, Jan 4, 2012 (Marketwire via COMTEX) -- AuRo Resources Corp. (ARU)(frankfurt:NXP3) is pleased to provide an update of its current exploration program at the 18,734 hectare Surata Gold Project in Colombia. This property is the largest contiguous land package in the California-Vetas-Surata mining district, located approximately 10 kilometers west of CB Gold's (CBJ) 800 hectare Vetas Gold Project in Santander, Colombia.

This current phase of exploration will be comprised of stream sediment and rock chip sampling, and airborne magnetic and radiometric surveys. Key anomalous areas will then be followed up by drill target definition, comprised of structural mapping and geochemical soil surveys. Significant targets identified by this program will be tested by diamond drilling. As of December 23, 2011, AuRo had completed a total of 100 stream sediment and rock chip samples at Surata, and expects to receive initial assays results by the end of January, 2012.

The Surata Property is being explored for structurally controlled, intrusive related epithermal gold and gold-silver mineralization. Exploration to date at four of the Surata concessions has identified several intrusive bodies that are closely related in age and composition to intrusives that host significant gold-silver mineralization in the region, including CB Gold Inc.'s (CBJ) Vetas Project, Eco Oro Minerals' (formerly Greystar), Angostura Project, AUX's LaBodega and La Mascota deposits (formerly owned by Ventana Gold), and Galway's California gold discoveries, located approximately 10 kilometres east of the Surata Project. Gold mineralization in the district is also associated with a system of northeast to southwest trending faults. At the Surata Gold Project, two similar northeast trending faults intersect portions of the property.

The content of this news release has been reviewed by Anthony Floyd, P. Geo., who serves as a Qualified Person in accordance with National Instrument 43-101.

About AuRo Resources Corp.

AuRo Resources is a mineral exploration company with major land positions in Colombia's leading gold camps. The Company holds property interests in three of the country's most prolific gold regions in Antioquia, Tolima-Quindio, and Santander-Norte de Santander. AuRo shares trade on the TSX Venture Exchange under the symbol ARU. For further information please visit www.auroresources.com

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