Aurus to Acquire Two Properties With a Combined 925,562 Ounces of Gold
MONTREAL, May 09, 2006 (MARKET WIRE via COMTEX) -- Aurus Corporation. (OTC: AURC) announced today that has signed a letter of intent to acquire a 74% interest in Prospector Taiga reserve and 90% of the Prospector Siberia reserves, which have a combined cumulative reserves of 925,562 ounces of placer and ore gold.
"Our plan is to continue to add substantial reserves, and these properties when acquired will represent great value to our shareholders and our joint-venture partners," said Mr. Parkin, President of Aurus Corporation. "The timing could not be better, the price of gold is continuing to rise, and we keep acquire strategic reserves making our foundation truly strong, thus securing our present and future for our shareholders," further added Mr. Parkin.
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and or partnerships.
Contact: Gerald Parkin President Aurus Corporation gparkin@auruscorp.com 514-591-3666 auruscorp.com
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