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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (7831)7/10/2014 9:33:33 AM
From: ayeyouRespond to of 203641
 
Got a few of AUU . About time we get to see a second go at that huge property. I like its chances at 3 cents...

During the fall of 2006, an airborne MEGATEM® geophysical survey was flown on the initial property by Fugro Airborne Surveys Corp. ("Fugro"). In 2007, further prospecting of MEGATEM anomalies took place. Samples collected in 2007 contained up to 2.4% zinc (Zn), 1.02% copper (Cu), 8.1% lead (Pb), 10g/t gold (Au) and 51 g/t silver (Ag) highlighting the potential for discovery of VMS (volcanogenic massive sulphide) ores.

During 2008, Fugro completed the flying of a GEOTEM® survey over the new Greyhound claim group. Results from this survey were utilized in an on-the-ground field program to complete geological mapping and sampling. Samples prospected during 2008 contained up to 4.1% Cu, 13.4% Zn, 8% Pb, 2,700 g/t Ag and 28g/t Au and to the northeast of Aura Lake a series of boulders contained up to 18.5% Zn and 9.2% Cu.

In late 2009, a high precision VTEM® helicopter borne electro-magnetic survey was completed.

During 2010, the Company announced preliminary results of drilling and prospecting and the redirecting and focusing of its future program on gold and silver from that of base-metals. Hole G-10-04 confirmed the gold potential with over 18 metres of anomalous gold (with up to 3.6 g/t over 0.59 metres). The remainder of this drilling program discovered that many of the targets in the Aura Lake area were caused by graphitic shale and the drill testing of conductors was abandoned.

During September 2010, the Company announced assay results from surface rock samples with gold grades as high as 28.2 g/t while silver assays are up to 5,380 g/t. Seven samples contain an average grade of 14.8 g/t Au (range from 0.3 to 28.8 g/t) and in the same area an average grade of 1,472 g/t Ag (range from 21 to 5,380 g/t).



To: Goose94 who wrote (7831)7/10/2014 10:08:28 AM
From: Goose94Respond to of 203641
 
AUU-V up penny to 4 cents



To: Goose94 who wrote (7831)7/11/2014 7:55:39 PM
From: Goose94Respond to of 203641
 
I'm calling AUU-V wait and see story, only 1000 metres drill program. If they hit pay dirt chase.



To: Goose94 who wrote (7831)5/7/2015 11:23:59 AM
From: Goose94Read Replies (1) | Respond to of 203641
 
Aura Silver Resources (AUU-V) May 7, '15 partner Agnico Eagle Mines (AEM-T) plans 2015 drilling.

Greyhound -- phase 2 drilling to initiate in summer 2015

Following the completion of phase 1 drilling in 2014, the company has had numerous strategic planning sessions with its partner Agnico Eagle Mines Ltd. to determine the year 2 drilling program. Total expenditures incurred by Agnico Eagle during phase 1 were approximately $262,000, which exceeded the first year spending requirement, and were focused on the drilling of eight holes and a rock sampling program.

Phase 2 expenditures required to comply with the continuing earn-in requirement under the existing option agreement (see June 10, 2014, press release) are required to be a minimum of $500,000. It is anticipated that the 2015 field program will be focused on the highest-priority targets identified. Details of the 2015 drill plan are currently being finalized and will be announced when available. It is anticipated that a drill rig and field crew will mobilize to the property no later than August.

The Greyhound property was first prospected by an exploration team led by Paul Pitman, manager of Canadian operations, and Eric Craigie, non-executive director of Aura Silver, in the mid-1990s. Subsequent work on the property by Aura Silver identified numerous high-grade gold and silver surface samples. With the expertise of Agnico Eagle's geologists, a drill program has been outlined to confirm the potential for both a gold and a silver resource at Greyhound.

Aura Silver's claims cover an Archean greenstone belt in the White Hills Lake area just 38 kilometres north of the town of Baker Lake. The property straddles the all-weather road, which extends from Baker Lake to Agnico Eagle's Meadowbank mine approximately 32 kilometres to the north of the property.

This Archean bimodal volcanic sequence is capped by a distinct and laterally extensive exhalite unit comprising chert and banded iron formation that is underexplored, with only minimal recent drilling. The company has determined that the geologic structure hosts drill targets that show the potential for significant success with the upcoming drill program.

About Aura Silver

Aura Silver is a TSX Venture listed company engaged in the acquisition, exploration and development of precious metal prospects in Canada (100% owned Greyhound project under option to Agnico Eagle) and in Oaxaca, Mexico (73% owned East Taviche project). Aura Silver has 101,680,844 common shares outstanding.

Aura Silver Resources Inc.
Robert Boaz
President and CEO
(905) 403-8010
boaz@aurasilver.com
www.aurasilver.com