Welcome To The AuRo Resources Corp. HUB On AGORACOM

Edit this title from the Fast Facts Section

Reply New Message

Prev Message Back To Forum Threaded View Next Message

magneticpersona

Rank: Treasurer [?]

Points: 645 [?]

Votes: 8 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

GeoXplore hired by auro to manage exploration

posted on Jun 11, 2011 12:49AM

http://www.marketwire.com/press-release/auro-resources-engages-colombian-based-exploration-group-tsx-venture-aru-1524853.htm

June 09, 2011 09:00 ET

AuRo Resources Engages Colombian Based Exploration Group

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 9, 2011) - AuRo Resources Corp. (TSX VENTURE:ARU) (the "Company") is pleased to announce that it has engaged Geoámerica Geological and Geophysical Services Ltda., to manage all of the Company's exploration activities in Colombia. Geoámerica will operate under the supervision and technical direction of GeoXplore Services S.A.S. The term of the contract is for a duration of 18 months.

GeoXplore is founded by 4 individuals, including Felipe Rodriguez Nova, Msc, Carolina Acosta, Mauricio Valencia, and Jose Cepeda. During their tenure with AngloGold Ashanti Colombia S.A., they were an integral part of the exploration team that dually discovered the 12.3 million ounce La Colosa porphyry gold deposit, and the 2.4 million ounce Gramalote gold deposit.

Mark Lawson, President & CEO of the Company, stated, "We are truly fortunate to retain a team of this exceptional caliber. They have a proven track record of multiple, multi-million ounce discoveries in Colombia and given that this team spent numerous years working in two of the key areas where AuRo has projects, we believe they will rapidly help us identify the best exploration targets going forward."

Overview of GeoXplore

GeoXplore Services S.A.S. is a Colombian based exploration services company comprised of 5 geologists; Mr. Felipe Rodriguez, Msc who spent 7 years working for AngloGold Ashanti in Colombia, and worked at La Colosa, Gramalote and other projects; Ms. Carolina Acosta whose specialty is structural geology and GIS and spent the last 5 years working for AngloGold Ashanti in Colombia; Mr. Mauricio Valencia (Structural Geologist specialist), and Jose Cepeda with wide experience in project management and project evaluation, they both were also senior geologists with AngloGold Ashanti in Colombia. Mr. Milton Obando has recently joined GeoXplore and will be 100% dedicated to the AuRo projects in Colombia. Mr. Obando also spent the last 7 years working for AngloGold Ashanti in Colombia and during his tenure also worked at La Colosa and Gramalote.