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Wednesday, 02/21/2007 3:29:46 PM

Wednesday, February 21, 2007 3:29:46 PM

Post# of 115222
My notes on the video...

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Aurus Notes from 2create video
feb-21-2007


RSM
-does audit for star gold and energy?
-good practical experience in the field
-has partners all around the world
-registered to federal securities commission
-entitled to audit our companies by standards of FSC
-trusts our reports as reliable information
World system of auditing companies that build relationships based on partnerships
Our company has building in Moscow
Accreditation with Federal security commission
Investment plan of krong
Good start and basis with our relationship with krong
Today krong merged with aurus, aurus single owner of all krong assets in Russia
Krong business has two types of work
Madigan-gold and silver recovery
Processing technology
Krong will be audited by a company that works with RMS audit
Be reported from factory location, and must be filed
Aurus share holders as a result of krong audit to understand krongs goals and tasks more clearly
Show prospects of company’s development for the investor
Documents for reporting status, by the end of FEB
-all documents ready
-emphasized this already, investment appraisal will be a good source of delightful consideration for investors
-quiet serious and local mechanism that lets investor regain invested funds and in future get serious amounts of duty.


Aurus

- Business plan submitted to krong and accepted by shareholders
-produced western experts that checked gold fields in western Siberia
Agreed with business plan
Can get financials from US Canada and Europe

Auction- public sales, government chooses highest bidder
- must pay a price when bidding
- Good connections with tiwi loas for good deposits
- depends on the administry of resources
-biddings and sometimes becomes delicate issue
-time consuming
-strategy deposits
What auctions to goto, which to take part in?

Interested companies must give proof of licenses, technology, equipment, and financing to participate
The special auction commission makes the conclusion which can participate
Company must make deposit first, if you don’t win, you get deposit back
Aurus is the initiator of the auctions
Placed initial offer and stated they would like to develop
Today, no payment been made from other bids, our company can buy another site
Auctions have artificial bidders, often this case, We win, or no one does
Dukatsky site
Good deposit with gold reserves in Madigan region
Proven 6-8 tons of gold, in estimated about 270 tons of gold

Aurus makes gold bars
"Russia 99.9999"
Realized through bank of Russia
Banks sells the gold




Experts in the field

Uplisting-
Management is focused on this

Tailings considered waste, so licensing is easy
-president putnin is key, huge man made damn, harms environment
-Moscow region govt approved project and considers it ecological situation improvement
-100's of millions of tons, and we can take any if govt approves
-suggest a process to govt, we will get all waste piles as a project since we have the technology


Sample- what the tailings consist of
Brought to institute that experts analyzed
Sand texture
Iron 50%
Gold 1 gram per tone
14 gram silver per tone
80,000,000 tons

Gold recovery machines
Mineral partissant equipment

Iron recovery machines
A magnetic separator

Iron will be recovered first and sold right away
Separation is easy by magnetic separators
Remains from iron separation will be used to get the remaining minerals
Only thing left is sand sell to building companies to make bricks and blocks
200 tons per day

Some dumps have less than others, new equipment can recover gold and silver from these
New technology 200k form Moscow, can help advertise the equipment and processes


People involved with - Krong processing plant- Madigan region
feder dovgan- head of administration
unknown - officer of licenses
unknown - head of militia
will control everything and check on production

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