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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
Comment by hallggon Sep 29, 2012 2:24pm
155 Views
Post# 20428562

RE: time will tell

RE: time will tell

Do not get me wrong, I am not pumping this  for they are selling a lot of cheap paper now and this is going to take real focus. The amount they are selling will give them one rig. The time it will take this going is at least two years. My guess is this will be a penny flipper unless they come up with monster drill holes at first and it is really going to count who does this new financing.  A few of these guys who get in thThis is taking to long to close for my liking. Not much money raised to do a serious drill program for they are going to have to raise money again,soon. Just hope the new boss knows what is on his property when coming in on this deal plus where to first drilll.

Bullboard Posts