Business News

Aurora Gold Corporation Is Pleased to Announce That Drilling Will Commence on the Joint Venture São João Property Located in the Tapajos Gold Province, Pará, Brazil

SOURCE:

Aurora Gold Corporation

2008-07-17 12:35:00

Aurora Gold Corporation Is Pleased to Announce That Drilling Will Commence on the Joint Venture São João Property Located in the Tapajos Gold Province, Pará, Brazil

BALCATTA, AUSTRALIA–(EMWNews – July 17, 2008) – Aurora Gold Corporation (the “Company,”

“Aurora Gold”) (OTCBB: ARXG) (FRANKFURT: A4G) (XETRA: A4G) (BERLIN: A4G), a

mineral exploration company focusing on exploration and development of its

properties in the Tapajos Gold Province, State of Pará, Brazil, is pleased

to announce that the subsurface exploration of the São João project will

begin in late July.

Aurora Gold and their Joint venture partner, Samba Minerals Limited

(“Samba”) will begin drill testing the São João property in Northern Brazil

in late July 2008. Aurora Gold and Samba have entered into a joint venture

on the São João property and adjoining Comandante Araras property. Samba

has the right to earn up to 80% of the project by funding the project to

feasibility.

Drilling of the São João property will follow up on previous work completed

by Aurora Gold, which identified a series of at least 6 mineralised quartz

veins. The quartz veins have been traced on surface for combined lengths

of several hundreds of meters. The principal vein was initially sampled

and resulted in 80m @ 31 g/t gold and will be included in the planned drill

program.

Access to the site has been cleared and the exploration camp facilities are

currently being updated to manage the next phase of exploration.

Aurora Gold is a mineral exploration company focusing on the exploration

and development of its 4 exploration properties and 6 applications in the

Tapajos Gold Province, State of Pará, Brazil. The project areas were

selected due to their proximity to known gold occurrences and from

historical records of gold production. Of course as you should note,

proximity to an area having historical records of gold production provides

no assurance that we will discover any commercial resources on our

property. The lithologies associated with the projects are similar to those

that have proven to be the host of significant gold occurrences elsewhere

in the Tapajos. Aurora Gold’s stock trades under the symbol “ARXG” on the

OTC Bulletin Board in the United States, under the symbols “A4G.FSE” and

“A4G.ETR” on the Frankfurt Exchange and “A4G.BER” on the Berlin-Bremen

Stock Exchanges in Germany.


ON BEHALF OF THE BOARD



"Lars Pearl"

Lars Pearl

President, CEO and Director

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains statements that plan for or anticipate the

future, called “forward-looking statements.” In some cases, you can

identify forward-looking statements by terminology such as “may,” “will,”

“should,” “could,” “expects,” “plans,” “intends,” “anticipates,”

“believes,” “estimates,” “predicts,” “potential” or “continue” or the

negative of those terms and other comparable terminology.

These forward-looking statements appear in a number of places in this press

release and include, but are not limited to, statements about:

our market opportunity; revenue generation; our strategies; competition;

expected activities and expenditures as we pursue our business plan;

the adequacy of our available cash resources; our ability to acquire

properties on commercially viable terms; challenges to our title to our

properties; operating or technical difficulties in connection with our

exploration and development activities; currency fluctuations; fluctuating

market prices for precious and base metals; the speculative nature of

precious and base metals exploration and development activities;

environmental risks and hazards; governmental regulations; and conduct of

operations in politically and economically less developed areas of the

world.

Many of these contingencies and uncertainties can affect our actual results

and could cause actual results to differ materially from those expressed or

implied in any forward-looking statements made by, or on behalf of, us.

Forward-looking statements are not guarantees of future performance. All

of the forward-looking statements made in this press release are qualified

by these cautionary statements. Specific reference is made to our most

recent annual report on Form 10KSB and other filings made by us with the

United States Securities and Exchange Commission for more detailed

discussions of the contingencies and uncertainties enumerated above and the

factors underlying the forward-looking statements. These reports and

filings may be inspected and copied at the Public Reference Room maintained

by the U.S. Securities & Exchange Commission at 100 F Street, N.E.,

Washington, D.C. 20549. You can obtain information about operation of the

Public Reference Room by calling the U.S. Securities & Exchange Commission

at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also

maintains an Internet site that contains reports, proxy and information

statements, and other information regarding issuers that file

electronically with the U.S. Securities & Exchange Commission at

http://www.sec.gov.

We disclaim any intention or obligation to update or revise any

forward-looking statements whether as a result of new information, future

events or otherwise, except to the extent required by applicable laws.

This press release is for informational purposes only and is not and should

not be construed as an offer to solicit, buy, or sell any security.

For further information, please call
Lars Pearl
Phone: (+61) 8 9240-2836
Address: 30 Ledger Road, Balcatta, WA, 6021 Australia
Website: http://www.aurora-gold.com

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

Related Articles

Back to top button