ZUG, SWITZERLAND -- (Marketwired) -- 06/11/13 -- Aurora Gold Corporation (the "Company," or "Aurora") (OTCQB: ARXG)(BERLIN: A4G)(STUTTGART: A4G), is a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Para, Brazil.
-- Auger drill rig released from customs and on route to Sao Domingos.-- New Camp construction underway.-- Assembly of the POU-7 Miniplant and Minilab systems continues in Novo Progresso.-- Diamond drilling rig sourced and drilling program outlined.-- Update on soil program
The Board of Aurora Gold Corporation is pleased to announce that the Auger drill rig was released from customs in Belem, in Para State, Northern Brazil on Friday 7 June and will be shipped to Itaituba and then trucked to Sao Domingos. The drilling will focus on previously defined targets exhibiting similar structural and geological affinities to other known gold occurrences on Sao Domingos.
The new camp area was cleared and the foundations were laid down for the housing and messing facilities. On completion the secure camp will cater for up to 40 personnel, with kitchen and bathroom facilities. The camp will also provide heavy machinery workshops, core storage, offices and an onsite assay laboratory.
POU-7 Miniplant and Minilab systems are continuing to be assembled in Novo Progresso in preparation for the issuance of the trial mining license. Areas on and around the Toucano license area have been the focus of exploration in preparedness for the initiation of bulk sampling and testing of the elluvial and alluvial potential of the area. The equipment is expected to be ready for mobilisation to Sao Domingos by the end of June 2013.
Aurora is also preparing to drill test the Toucano gold occurrence with conventional diamond drilling and has completed negotiations with MINEXPLOR of Brazil. Aurora plans to drill test the depth and strike potential of the Toucano gold occurrence, which previously yielded high grade (greater than 100g/t) in channel samples at surface.
The soil sampling program over the Fofoca resource extension area geochemistry grid was completed for a total of 26,000m in combined grid lines length. Line cutting and sampling on the Sao Domingos grid was then initiated for the planned total of 58,000m grid lines length. Soil sampling was completed on both targets for a combined total of 43,160m for the month of May, totaling 529 samples.
Aurora continues to work closely with Haywood Securities Inc and the Company's advisors to complete its application to migrate from the Securities and Exchange Commission (SEC) to the Toronto Stock Exchange -Venture (TSX-V).
ON BEHALF OF THE BOARD
Lars Pearl, 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 and 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 and Exchange Commission at 1-800-SEC-0330. The U.S. Securities and 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 and 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.
CUSIP No. 051642106
WKN: (Germany) 904846
Pictures are available at the following address: http://media3.marketwire.com/docs/ARXG_0611.pdf
Aurora Gold Corporation
President, CEO & Director
(+41) 41 711 0281
Aurora Gold Corporation
C/- Coresco AG,
Level 3, Gotthardstrasse 20
6304 Zug, Switzerland