AURC GREAT NEWS
Aurus Now Producing Gold and Platinum
Dec 7, 2006 10:30:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 12/07/06 -- AURUS Corp. (PINKSHEETS: AURC) is announcing that it is producing gold and platinum from its Krong rare earth reserves.
Furthermore, the Company states that its after tax net revenue projections exceed all expectations. Mr Dovgan, its president, states, "The low cost of mining the accessible rare earth minerals as well as the ore shall produce net revenues that shall be superior to the evaluations previously forecast by its geologists. We certainly can afford to pay dividends to the investors."
The Board of Directors will be announcing within 3 days the dividend which shall be granted to its shareholders.
Furthermore, the Company is preparing its financial information in order to become a fully reporting issuer for the first quarter of year 2007. Mr. Dovgan adds, ''Our investors shall have access to the production figures which will reflect the Company's growth.''
About Aurus Corporation
Aurus Corporation is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue to acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and/or partnerships.
Contact:
Gerald Parkin
Vice-President
Aurus Corporation
gparkin@auruscorp.com
514-798-5454
www.auruscorp.com
