Last 24.38 GBp
Change Today +0.125 / 0.52%
Volume 48.8K
As of 11:30 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

aureus mining inc (AUE) Snapshot

Open
24.25 GBp
Previous Close
24.25 GBp
Day High
24.38 GBp
Day Low
24.25 GBp
52 Week High
10/23/13 - 45.38 GBp
52 Week Low
08/5/14 - 22.13 GBp
Market Cap
69.7M
Average Volume 10 Days
402.1K
EPS TTM
--
Shares Outstanding
286.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for AUREUS MINING INC (AUE)

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aureus mining inc (AUE) Details

Aureus Mining Inc., through its subsidiaries, explores and develops gold deposits in Liberia and Cameroon. It principally owns a 100% interest in the New Liberty Gold project covering an area of 457 square kilometers located in Liberia. Aureus Mining Inc. was incorporated in 2011 and is headquartered in Toronto, Canada.

Founded in 2011

aureus mining inc (AUE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $437.2K
Chief Financial Officer
Total Annual Compensation: $302.7K
Compensation as of Fiscal Year 2013.

aureus mining inc (AUE) Key Developments

Aureus Mining Inc. Announces Results from Ndablama gold project Drilling

Aureus Mining Inc. announced additional results from 30 holes of the phase four drilling programme at the Ndablama gold project (Ndablama), following on from the initial results announced on 27 January and 7 April 2014. The phase four drilling programme included approximately 19,000 metres of reverse circulation ("RC") and diamond drilling. The RC drilling targeted the infill areas between diamond holes previously drilled, with the new diamond holes testing for down dip and strike extensions to the current mineralised system. Ndablama is located within the northern block of the Company's 100% owned, Bea Mountain Mining licence in Liberia, 40 kilometres north-east of Aureus' New Liberty Gold project. Results are presented for 16 diamond drill holes (3,882 metres) from the phase four drilling programme at Ndablama. Drilling was undertaken on the down dip and northern extensions to the current Inferred Mineral Resource of 451,000 ounces at 2.1 g/t Au. Intercepts include: 2.4 g/t over 30 metres from 211 metres; 2.4 g/t over 28 metres from 238 metres; 2.2 g/t over 23 metres from 338 metres; 2.0 g/t over 25 metres from 205 metres; 2.8 g/t over 14 metres from 304 metres; 3.2 g/t over 7 metres from 275 metres; Phase four diamond drilling results received to date (37 holes) confirm continuity of the mineralised system down dip for another 300 metres beyond the limits of the initial maiden resource, more than doubling the down dip extent of the mineralised system. Intercepts commence from 90 metres below surface to a maximum of 240 metres below the surface. All drill holes have intersected the mineralised system and confirm the shallow westerly dip of less than thirty degrees. The mineralised zone is still open in all directions. To date results have been announced from 37 holes (8,907 metres) from the planned 62 holes (13,000 metres) diamond drilling programme. Assay results are pending for 12 holes and 13 are still to be drilled. The results announced now include the first 14 RC drill holes (2,347 metres) carried out as infill holes in advance of upgrading the current inferred resource. Intercepts include: 2.1 g/t over 37 metres from 89 metres; 1 g/t over 33 metres from 91 metres; 2.7 g/t over 26 metres from 168 metres; 1.6 g/t over 36 metres from 95 metres; 1.2 g/t over 50 metres from 58 metres; 4.6 g/t over 9 metres from 94 metres. The infill RC drilling results confirm mineralisation continuity within the already defined ore body. This programme was designed to close the drill spacing down to 50 metres. The infill programme is now complete for a total of 39 holes and approximately 5,828 metres. Assay results are pending for 25 holes. The full phase four RC and diamond drilling programme is expected to be completed by the end of July 2014 as the rainy season has now commenced. To date over 90% of the drilling programme has been completed. On receipt of all the results for the phase four drilling programme the Company will undertake a new NI 43-101 Resource estimate for Ndablama in early in the fourth quarter of 2014. Ndablama forms part of a five kilometre long pressure shadow corridor. Exploration work has confirmed that gold mineralisation is associated with a shallow, westerly dipping zone which can be followed at surface for five kilometres. To date only two kilometres of this zone has been drill tested, and includes Ndablama and Leopard Rock targets. Trenching results at Ndablama North and Leopard Rock South include intercepts of: 5.7 g/t over 7 metres (Ndablama North); 1.4 g/t over 8 metres (Ndablama North); 1.1 g/t over 14 metres (Ndablama North); 1.3 g/t over 10 metres (Leopard Rock South); 1.6 g/t over 11 metres(Leopard Rock South); 2.3 g/t over 7 metres (Leopard Rock South). Follow up exploration drilling will be undertaken in these areas during the next field season commencing in the fourth quarter of 2014.

Aureus Mining Inc. - Shareholder/Analyst Call

To provide detailed new liberty construction update to investors and analysts

Aureus Mining Inc. Announces the Progress on the Construction of New Liberty

Aureus Mining Inc. announced that progress on the construction of New Liberty remains on track to deliver first gold in first quarter of 2015. Arrival of ball mill at New Liberty, together with the mill motors and primary crusher; The EPCM (engineering, procurement and construction management) contract, the contract to construct the New Liberty plant, is 60% complete; The first steel erection commenced in May 2014 and is progressing on schedule - gold room and screen circuits 90% complete, primary crusher 75% complete and carbon in leach (CIL) tank bases and shells are 30% complete; Earthworks are virtually complete; Civils are progressing on schedule - gold room foundations, electrowinning circuit and raw water tank foundation are complete, plant conveyors and thickeners are 95% complete, mill foundation is 90% complete, CIL tanks and detox are 85% complete and mill stockpile foundations are 40% complete; Marvoe Creek Diversion Channel (MCDC) - 85% overall completion, with diversion channel completed and spillway gabions and dams nearing completion; Tailings Storage Facility (TSF) is nearing completion - all bush clearing and TSF wall keyway excavation and back-fill completed and the dam wall nearing completion; and Village relocation - the relocation started in April 2014 and a total of 115 families (households) having been successfully relocated.

 

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Advance Gold Corp C$0.01 CAD 0.00
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Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
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