Aurelia Metals Ord Shs V.AMI

Primary Symbol: AUMTF

Metals & Mining Industrial Metals & Minerals

Aurelia Metals Limited is an Australia-based gold and base metals mining and exploration company. The Company owns and operates two underground mines and processing facilities in New South Wales: The Peak Mine is in the Cobar Basin in western New South Wales, and the Dargues Mine is in south-eastern New South Wales. The Peak Mine is located in the northern Cobar Basin, south of Cobar in central-west New South Wales (NSW). The Dargues Mine is a gold mining and milling operation located in the Southern Tablelands region of NSW, approximately 60 km south-east of Canberra. Its preeminent near-term development projects include Federation and Great Cobar. The Federation deposit hosts high-grade zinc, lead, and gold mineralization and is located approximately 10 km south of Hera Mine. The Great Cobar Project involves the development of a satellite base metals and gold deposit, north of the New Cobar mining complex at Peak Mine.

OTCPK:AUMTF - Post by User

Aurelia Metals Ord Shs

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Comment by trac3on Dec 17, 2013 6:28pm

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Post# 22015936

RE:Not good news when they rush out and do a financing with

I have to agree with Mr Noon, this financing deal seems a little strange not only the timing of but the dollar value
5mil doesn't go very far for capital expenitues these days especilly in Ft Mac!
More like a maintance budget or perhaps a very small expansion
Hope I wrong but something doesn't add up here with this financing

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