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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
Post by doubloon2000on Nov 23, 2003 7:23am
393 Views
Post# 6688259

fundamental review

fundamental review What caught my eye here was the short interest went to zero last month.... further research into the new Argentina mining laws and the ground survey results lead me to the cash flow of the company and the philosophy.... Bottom line money is in the bank, local churches and schools are getting assistance from this company, and the government is open to exploration. And this At our Aguas Mesas North prospect, we have identified a mineralized vein that is exposed for 95m and traced it for a total of 450m, with [sample] widths varying between 9m-25m. Initial results include 9.4m grading 6.15g/t gold. A kilometer to the south is our Aguas Mesas South prospect and we're finding very healthy widths and strike lengths of epithermal mineralization. Here we've got widths of 12m at 11.1g/t gold, 2.9m at 92.0g/t and 2.8m at 63.5g/t. Personal opinion....strong buy with 300% upside.... timeframe is unknown, may take 3 months or 3 years. Or it may take a few hours after the recent trading halt.... Your money, you decide.
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