Thursday, September 28, 2006 11:43:49 AM
Existing Production and to Commence Operations on Existing Sites
NEW YORK, NY, Sep 28, 2006 (MARKET WIRE via COMTEX) -- Following the funding
which was put in place last week, Aurus (PINKSHEETS: AURC) has concluded an
agreement to purchase equipment for its mining operations. The supplier is one
of Japan's leading manufacturers of mining equipment.
The purchased equipment includes bulldozers, loaders, excavators, motor graders,
dumpsters, crushers and generators.
"This equipment will permit us to increase production at the Krong mine as well
as commence operations at our other sites," says Mr. Parkin. He adds, "Following
the acquisition of Krong Ltd., we are in an excellent position to use their
technology to process our huge gold reserves of tailings."
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several
precious metal properties with over 7 million ounces in gold reserves, trading
under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to
continue acquiring proven gold and other precious metal reserves in Russia and
other emerging counties and operate its mines through joint ventures and/or
partnerships.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical
facts are forward-looking statements, which contain our current expectations
about our future results. Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking statements by
using words such as "anticipates," "believes," "could," "expects," "intends,"
"may," "should" and other similar expressions. Although we believe that the
expectations reflected in all of our forward-looking statements are reasonable,
we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to
differ materially from those indicated in any forward-looking statements made by
us or on our behalf. Such factors include our limited operating history; our
need for significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and strategic
partners; our ability to achieve and maintain profitability; fluctuations in the
trading price and volume of our stock; competition from other providers of
similar products and services; and other unanticipated future events and
conditions.
Contact:
Gerald Parkin
President
Aurus Corporation
gparkin@auruscorp.com
514-591-3666
www.auruscorp.com
SOURCE: Aurus Corporation
CONTACT: mailto:gparkin@auruscorp.com
http://www.auruscorp.com
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM