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Aurogin Resources Ltd.

Publié le 16 mai 2007

Begins Lone Mountain, Nevada Drill Program

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Mots clés associés :   K Street |
Morgain Minerals (TSX-V: MGM) $0.30 and Aurogin Resources (TSX-V: AUQ) $0.28 are set to merge subject to a shareholder vote in early July. The merger is valued at equal with each company's shareholders receiving 1 new for 2 old shares. Find below news from Aurogin which will be part of the "new" Morgain.
Dale
 
 
 
 

 

Aurogin Resources Begins Lone Mountain, Nevada Drill  Program

News Release 

Aurogin Resources Ltd. has commenced an exploration drill program at its Lone Mountain property in Eureka in Nevada.

The Lone Mountain property, consisting of 88 unpatented load mining claims, is located 25 kilometres northwest of Eureka on the prolific Battle Mountain-Cortez gold trend. The area has produced approximately 23 million ounces of gold over the past 30 years, making it the second most productive belt in Nevada after the Carlin district.

During 2006, Aurogin completed controlled source audio-magnetotelluric (CSAMT) surveying, mapping and surface geochemical sampling, and acquired gravity and airborne magnetic data covering the property. A major west-northwest-trending fault structure, generally coincident with a geochemical anomaly previously identified on the property, was outlined. This high-angle structure, which is similar to the one to the southeast associated with Barrick Gold's Archimedes deposit, is considered to be favourable for gold mineralization.

Permitting and environmental bonding for 12 exploration drill holes ranging from 150 to 200 metres in depth were finalized on Nov. 9, 2006. On April 17, 2007, the company signed a contract to drill five holes of 200 metres each for a total of 1,000 metres. Neil Gow, PGeo, is the qualified person on this property.

 

 

Dale Paruk

Coal Harbor Communications Inc.
Suite 701, 555 Jervis Street
Vancouver BC V6E 4N1
Tel: 1+ (604) 662-4505
 
 
 
 
 

Aurogin Resources Ltd.

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CODE : AUQ.V
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Aurogin Res. est une société de production minière basée au Canada.

Aurogin Res. détient divers projets d'exploration au Canada et au Guatemala.

Ses principaux projets en exploration sont WEMINDJI et BATCHA au Canada et LAS MINAS et BRIDGE ZONE au Guatemala.

Aurogin Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 16,1 millions CA$ (17,2 millions US$, 12,6 millions €).

La valeur de son action a atteint son plus bas niveau récent le 27 juin 2003 à 0,03 CA$, et son plus haut niveau récent le 21 avril 2006 à 0,61 CA$.

Aurogin Res. possède 64 334 721 actions en circulation.

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Rapports Financiers de Aurogin Resources Ltd.
31/05/2007Reports First Quarter 2007 Financial Results
Projets de Aurogin Resources Ltd.
31/07/2007(Lone Mountain)Aurogin Drills 4.56 m of 40.1% Pb at Lone Mountain
16/05/2007(Lone Mountain)Begins Lone Mountain, Nevada Drill Program
Communiqués de Presse de Aurogin Resources Ltd.
20/08/2007Morgain and Aurogin Shareholders Approve Merger
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