AuRo Provides Progress Update About the El Tesoro Project and Corporate Initiatives
October 28 2010 - 2:33PM
Marketwired
AuRo Resources Corp. (TSX VENTURE: ARU) (the "Company") provides
today a general corporate update about its numerous activities. The
Company's principal focus is advancing its flagship El Tesoro
project, and also continues to actively assess numerous exploration
opportunities in Colombia. AuRo is currently in the midst of its
trenching & sampling program at El Tesoro, in preparation for
the commencement of an up to 5,000 meter diamond drilling program
in January, 2011.
Mark Lawson, President & CEO of AuRo Resources said, "In
less than 6 months we have completed the El Tesoro acquisition,
conducted 2 successful sampling programs, commenced our pre-drill
campaign and are planning our first drill campaign. Given the
impressive gold and silver showings we have seen to date, we are
eager to start drilling. The company's recent name change also
better reflects our new status as an active gold exploration
company with an advancing project."
Update on the El Tesoro Pre-Drilling Campaign
The current trenching program is designed to develop drill
targets to be tested in a core drilling campaign planned for late
2010. Twelve 20 meter long trenches for a total of 240 meters will
be dug to a depth appropriate for the location determined in the
field but likely 1.5 m or deeper. The Company has the option to
expand the trenching program to 1,000 meters. The Company has also
recently completed mapping the Northern Zone of the project. The
results to date have been consistently positive registering values
that meet or exceed the Company's targets.
Land Package
To complement the Company's flagship El Tesoro project, AuRo
Resources will seek to opportunistically expand its land package
within Colombia. The Company continues to explore further
exploration, and advanced stage opportunities within the country in
conjunction with its local partner.
Management
Given the Company's increased field activities in Colombia, AuRo
Resources will soon be engaging a full time leader of the technical
team to be based in Colombia.
New Website
AuRo Resources has recently launched its new website,
www.auroresources.com. The website reflects the Company's recent
rebranding and provides a comprehensive overview of the Company's
key projects, management, and recent news.
ON BEHALF OF THE BOARD
Mark Lawson, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: AuRo Resources Corp. Andreas Curkovic Investor
Relations 416-577-9927 AuRo Resources Corp. Jeremy Ross Corporate
Development 604-893-8838 AuRo Resources Corp. Tyler Ross Corporate
Development 604-893-8838 AuRo Resources Corp. Mark Lawson President
& CEO 416-623-0565 www.auroresources.com
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