Aur Resources Incorporated

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News and Blogs

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Teck Cominco Acquires Approximately 93% of Aur Resources Common Shares

www.topix.net | Aug 22, 2007

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http://www.topix.net/business/mining/2007/08/teck-cominco-acquires-approximately-93-of-aur-resources-common-shares

Datamonitor - Cornerstone Capital Resources announces management changes - News

Cornerstone Capital Resources has appointed Terry Brace as vice president of exploration, replacing Mike Basha who will take on the role of executive vice president.

http://www.datamonitor.com/companies/news/article/?pid=4F29BC9B-C3F2-4668-9AC5-533406D9F64C&type=NewsWire

Toronto Stocks Finish Mildly Higher

Thursday, December 16, 2004, 4:15 PM EST (Thomson Financial Corporate Group): Canadian issues came off of their earlier highs, as gold, energy and material issues turned sour. Meanwhile, merger news continued to dominate headlines. Closest to home, Glamis Gold launched an unsolicited US$3.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-16-2004/0002636907&EDATE=

AUR Resources - Analyst News | newratings.com

Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.

http://www.newratings.com/headlines/only_analyst_news_from_hl.asp?isin=CA0515241069

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Web Sites

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Aur Resources Inc

SAN DIEGO, Calif. - – ICON Group International Ltd., today released a study global on labor productivity and financial benchmarks for Aur Resources Inc (MON, TOR: AUR).

http://www.icongrouponline.com/pr/Aur_Resources_Inc_CA/PR.html

MiningWatch > Issues of Concern re Aur Resources' Proposed Duck Pond Mine in Central Newfoundland -

Aur Resources plans to destroy two trout and salmon-bearing lakes in central Newfoundland by using them for the disposal of environmentally toxic mine waste.

http://www.miningwatch.ca/index.php?/Newfoundland/MMER_concerns

AUR Resources - Analyst News | newratings.com

Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.

http://www.newratings.com/headlines/AUR-Resources_CA0515241069.html

Aur Resources Inc - AUR Toronto ON CAN

International miner, with operations in Canada and Chile, and development projects in North, Central and South America. Copper is the principal metal produced.

http://www.intierra.com/html/companies/Aur%20Resources%20Inc.htm

 

Abcourt Renegociates the Jonpol Option - Zibb.com

Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc.(TSX VENTURE: ABI), is very pleased to announce that the option on the Jonpol and Paramount properties has been renegociated with more favourable terms. The original terms negociated with Aur Resources Inc. involved payments totalling of $355,000 over a six-year period and a work commitment of $4M to acquire 100% of the property.

The revised agreement negociated with Teck-Cominco Limited which has succeeded Aur, involves a single payment of 400,000 units comprising one common share of Abcourt and one share purchase warrant with the right to purchase one common share of Abcourt for $0.30 up to September 30, 2010. The shares have a hold period of not more than 4 months and the warrants will include a standard anti-dilution clause.

The work commitment is reduced to $1M with a minimum of $100,000 spent in each of 2009 and 2010.

The property includes 24 claims covering 880 hectares in ranges 1 and 2 of Dalquier township near Amos, Quebec, Canada.

These claims cover a distance of 4,700 meters (2.9 miles) along a favourable felsic volcanic formation for base metals in the Amos area and has been the site of repeated exploration efforts for almost 100 years including numerous drill holes and three shafts, the deepest reaching a depth of 152 meters (500 feet). So far, four mineralized zones have been found. They are the "Main West Copper Zone", the "Jay Copper Zone", the "Lower Ag-Zn-Cu Zone" and the "Upper Ag-Zn Zone". The four zones all appear to be made of disseminated to stringer to locally semi-massive pyrite A-A?1/2 sphalerite A-A?1/2 chalcopyrite and silver minerals that collectively represent a large stringer (feeder) sulphide zone. These mineralized zones represent part of a large, metal rich, semi-conformable hydrothermal alteration system hosted by a rhyolite dome structure which is developed on a sequence of andesite flows and overlain by felsic pyroclastic and volcanoclastic material. The hydrothermal system appears to terminate to the west along a proposed syn-volcanic fault structure but continues to the east at least as far as the present limit of lithogeochemical sampling on the property.

The historical resources on the Jonpol property are as follows:

-----------------------------------------------------------------------
----
Zone            Date    Author       Short tons   % Cu    % Zn      oz/t Ag
---------------------------------------------------------------------------
Upper Ag-Zn     1969  Waisberg (1)       20,000      -     4.0          8.0
---------------------------------------------------------------------------
Jay Copper      1969  Waisberg           26,000    3.5       -          1.0
---------------------------------------------------------------------------
Main West Cu    1974   Kilborn (2)    1,946,000   1.04       -         0.02
---------------------------------------------------------------------------
Lower Ag-Zn-Cu  1983     Getty (3)      815,000   1.25    3.21         3.55
---------------------------------------------------------------------------
(1) S. Waisberg, 1969, Conigo Mines Ltd
(2) H.B. Hicks, 1974, Kilborn Engineering Ltd, preliminary feasibility
    study for 1,000 TPD mining and milling plant
(3) D. Titaro, 1983, Getty Canadian Mines Ltd, work summary

In addition, several significant gold intersections have been obtained in the drilling.

This information comes from a report by C.M Cooke, senior project geologist for Aur Resources Inc., dated November 1992.

The historical resources reported above were prepared before the introduction of National Instrument 43-101. The historical resources have not been verified and should not be relied upon. However Abcourt believes that these estimates, particularly the ones prepared by Kilborn and Getty, were made by competent persons. This statement is made by Mr. Renaud Hinse, professional engineer, President of the Company. Mr. Hinse is a qualified person under 43-101.

This agreement is conditional upon the approval of the TSX-Venture Exchange and Eastern Platinum Limited which holds 40% of the property.

During the Fall of 2007, Abcourt drilled 22 holes totalling 2,630 meters at a cost of $221,680. Several interesting values in silver, copper and zinc were intersected. More drilling will be done.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources are both past producers. Abcourt is now focused on bringing these two projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was recently completed on the Abcourt-Barvue project. In addition, mill equipment has been purchased. To know more about Abcourt, please consult our web site www.abcourt.com and Sedar www.sedar.com, see "Abcourt Mines Inc".

The Abcourt shares are trading on the TSX Venture Stock Exchange under the symbol ABI.V and at Frankfurt and Berlin in Germany.

FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements

This press release was prepared by Mr Renaud Hinse, a qualified person, president of Abcourt Mines Inc.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Abcourt Mines Inc.
Renaud Hinse, president
819-768-2857 / 450-446-5511
819-768-5475 / 450-446-3550 (FAX)
rhinse@abcourt.com

Abcourt Mines Inc.
Joe O'Brien
Investors' relations
416-750-8041
416-750-8051 (FAX)
jobrien@abcourt.com


SOURCE: Abcourt Mines Inc.

mailto:rhinse@abcourt.com
mailto:jobrien@abcourt.com

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Tags: acquisition   canada   copper   engineering   exploration   forecasts   frankfurt   germany   gold   metals   mining   plant   platinum   president   property   quebec   silver   web   zinc  

Companies: Abcourt Mines, Inc. (ABI), Abcourt Mines, Inc. (ABMBF), Aur Resources, Inc. (AURRF)

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