AuRo Granted Titles to Three Key Concessions at Arboledas Gold Project, Colombia
November 22 2011 - 9:47AM
Marketwired Canada
AuRo Resources Corp. (TSX VENTURE:ARU)(FRANKFURT:NXP3) is pleased to announce
that it has been granted titles to three key properties by the Secretary of
Mines, at its 14,077 hectare Arboledas Gold Project in Norte De Santander
Department, Colombia. These key concessions granted comprise a total of 1,881
hectares and are located approximately 18 kilometers north of CB Gold's (TSX
VENTURE:CBJ) 800 hectare Vetas Gold Project in Santander, Colombia. The titles
are 100% owned by AuRo's Colombian subsidiary, Oro Barracuda, through contracts
with the Colombian government, and are not option agreements with local vendors.
The concessions are all below 3,200 metres in elevation.
The Arboledas Gold Project consists of five 100% owned titles, located in the
departments of Norte de Santander and Santander. At Arboledas, gold has been
identified in areas where active artisanal mining has been occurring.
Small-scale miners are targeting north-east striking, oxidised, subvertical
veins hosted in feldspar porphyry. These workings consist of 8 adits, in which
oxidised quartz veins and clay structures up to 1 meter wide have been observed.
Exploration has been focused on structurally controlled, intrusive related
epithermal gold and gold-silver mineralization. Gold mineralization is
associated with a system of northeast to southwest trending fault systems.
Several intrusive bodies have been identified at Arboledas that are closely
related in age and composition to intrusives that host significant gold-silver
mineralization in the region, including CB Gold Inc.'s (TSX VENTURE:CBJ) Vetas
Project, Eco Oro Minerals', (formerly Greystar) Angostura Project, AUX's La
Bodega and La Mascota deposits (formerly owned by Ventana Gold), and Galway's
California gold discoveries. These aforementioned discoveries are located
approximately 12 kilometres south of the Arboledas Project.
The content of this news release has been reviewed by Mr. Ken Thorsen, P. Eng.,
who serves as the Qualified Person in accordance with National Instrument
43-101.
About AuRo Resources Corp.
AuRo Resources is a mineral exploration company with major land positions in
Colombia's leading gold camps. The Company holds property interests in three of
the country's most prolific gold regions in Antioquia, Tolima-Quindio, and
Santander-Norte de Santander. AuRo shares trade on the TSX Venture Exchange
under the symbol ARU. For further information please visit
www.auroresources.com.
ON BEHALF OF THE BOARD
Mark Lawson, President & CEO
Aurania Resources (TSXV:ARU)
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