Aurelia Metals Ord Shs T.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.

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Aurelia Metals Ord Shs > Must Be Missing Something

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Comment by HornbyBayon Dec 25, 2016 8:47am

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Post# 25643091

RE:Must Be Missing Something

Don't worry WB - this deal will most likely be a tremendous benefit to AuRico. The purchase price is not much more than the Kiska's cash and securities on hand -- so the (very good) exploration projects and royalties are being picked up for next to nothing. I'm a long-time Kiska (fka Rimfire) shareholder - and I have mixed feelings about the deal. Kiska has a few very good copper-gold porphyry projects -- any one of which could be a company maker. Disclosure and disclaimer: I own shares of KSK, just my opinons, and not investment advice.

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