Aurora Minerals--a NZ Gold play

[dieter]

Security Details: 24 Mar, 2005
Security code ARM

Security description Aurora Minerals Limited Ordinary Shares
Company code ARM
Company name Aurora Minerals Limited

Shares issued 21,963,500
Capitalisation $7,028,320

Analytics: 24 Mar, 2005
52-week high/low 0.35 / 0.22

Company Details: 24 Mar, 2005
Issuer code ARM
Registered name Aurora Minerals Limited
Company secretary Peter Ruttledge
Auditor Grant Thornton, Perth
Solicitor Oakley Moran

Website http://www.auroraminerals.com/
Email <info@auroraminerals.com>

[dieter]

Exploration report

Aurora Minerals identifies more significant gold results at Hazelbrook over expanded area

SUMMARY

Aurora Minerals Limited (ASX codes ARM and ARMO, NZX codes ARM and ARMOA) is pleased to announce new assay results just received from groundwork conducted in late November at its Hazelbrook project in the North Island of New Zealand. These results expand the discovery zone of gold-bearing epithermal quartz veins at the Backyard Prospect with gold grades up to 6.9 g/t.

Thirteen rock grab samples were taken producing further significant gold assays including 6.9 g/t and several in the 4 and 5 g/t gold range. These results occur in quartz veins outcropping at surface and have expanded the initial discovery zone for an extra 250 metres to the west.

The zone of epithermal quartz veins also continues for at least 350 metres to the east from the initial discovery but this area has not yet been tested.

The Company is very encouraged by these early results as the surface rocks appear to have undergone intense leaching suggesting the potential for further good grades at depth.

The Company is also encouraged by results of soil sampling conducted at the same time at Backyard. This identified gold-in-soil anomalies near the gold bearing quartz veins and also further 250 metres to the east of the veins.

The combination of gold-in-quartz rock samples and the gold-in-soil results indicates the potential to increase the strike length of the mineralization to in excess of 800m.

The location of the results are shown on the attached map.

Aurora Minerals is exploring for a Martha-type epithermal quartz vein gold deposit at Hazelbrook. The Martha mine lies to the south of and in a very similar geological setting to Hazelbrook, and has produced approximately 7.5 million ounces of gold to date at an average grade of approximately 7.4 g/t gold.

DETAILS

The Backyard prospect is located on the little explored northeast edge of the Huia Volcanic Centre (HVC) a roughly circular andesitic volcanic centre covering some 14 square kilometres which comprises hills and elevated plateau. The HVC is bordered on the north, northeast and west sides by steep valleys.

Previously reported rock chip sampling and mapping produced encouraging grab sample results from a series of epithermal quartz veins at Backyard Prospect with assays up to 6.8g/t gold. A previous float sample of vein quartz assaying 7.8g/t gold was sourced to Backyard.

The vein swarm at the Backyard prospect comprises at least 17 veins varying in width from a few cms to 1.2metres with associated quartz boulders up to 2.5 metres in width. The zone has now been mapped over a strike of approximately 600 metres. The vein swarm is approximately 150 metres wide in a north-south direction.

Typical epithermal textures are evident including wallrock fragments in massive banded quartz, colloform and crustiform banding and cockade quartz, suggesting multiple quartz vein episodes and therefore the potential for multiple phases of mineralizing fluids and gold enrichment.

Aurora Minerals is very encouraged by these latest results and believes Backyard to be only a small part of an epithermal mineral system covering an area in excess of 14 square kilometres around and under the Huia Volcanic Centre.

A total of 53 grab samples were taken from the Backyard area. Thirteen were from massive quartz veins and float as reported above, and the remainder from wallrock and alteration zones.

A total of 102 soil samples were taken on a 100m by 50m grid immediately south of the Backyard veins and also along strike to the east. Best results were 138 ppb gold near the veins and 27 ppb gold located 250 metres east of the outcropping veins.

The Company's geologists also believe that the Hazelbrook project area may host several gold mineralised centres of the type which hosts the Backyard prospect and will continue to identify and evaluate these.

[dieter]

the company said today

"Aurora’s Hazelbrook project has received a reasonable amount of press coverage, and
interest has been sparked in the project. The Company has received an expression of
interest for a joint venture which it would consider, depending on appropriate
commercial terms."

obviously Hazelbrook could ultimately contain 3 Martha type epithermal deposits-----worth following

[dieter]

Monster announcement due re JV---many millions involved

[paul29]

Traded ARM a few times this year hoping to buy back in at 25c AUS


Aurora Minerals Limited
Aurora Minerals Limited is an international minerals exploration company with gold projects in New Zealand and Western Australia.

The Company explores for major deposits in geological locations that it believes are analogous to the settings of well known mines and discoveries.

In New Zealand the Company's exploration focus is primarily on its Hazelbrook epithermal gold project comprising 1013 square kilometers in the Northland Volcanic Zone on the North Island. The Hazelbrook project is located on the "Pacific ring of fire", host to many major epithermal gold deposits. Aurora's aim is the discovery of an epithermal system akin to the 8 million ounce epithermal Martha mine located in the adjoining Coromandel Volcanic Zone.

Aurora listed on the Australian Stock Exchange in June 2004 raising A$4 million for minerals exploration, and listed on the New Zealand Stock Exchange in Oct 2004. The company has 34 million shares on issue and predominantly New Zealand and Australian shareholders.

Exploration Highlights
In late 2004 in its first surface prospecting program at Hazelbrook, Aurora's geologists discovered the Backyard zone of epithermal quartz veins with gold grades up to 7 g/t gold. The company is highly encouraged by these early results and is focusing its prospecting on this and other areas within this large project for further gold bearing systems. An aeromagnetic survey will shortly be undertaken over most of the 1013 sq km project area to assist in identifying further targets.
New gold-in-soil anomaly discovered at Toolshed prospect, southwest of Backyard prospect.
Prospecting identifies another significant epithermal system, at Te Mata prospect to the south.
In Western Australia the Weebacarry project was approved by the WA mines department in December 2004 and is undergoing a Heritage Survey prior to drilling. Drilling at Weebacarry and the nearby Ryansville Project is planned for the second quarter of 2005.

[dieter]

I am expecting an announcement any moment that will propell this company into financial orbit...

Get set for a major move --closed last friday at 0.31AUS

[Winnie Burgers]

By the looks of Fridays trading, your the only one expecting the 'announcement'??

[dieter]

Just wait its very very close!!

[Onthemoney]

you in US dieter?

[dieter]

No I am in OZ
last release

"REQUEST FOR TRADING HALT

We hereby request that a trading halt be imposed in respect of the shares and options of Aurora Minerals Limited ("the Company").

The reason for the trading halt is that the Company has signed a significant joint venture agreement and land access agreements for which an announcement is being prepared for release to the market.

The trading halt is expected to end when the Company makes the said announcement to the NZX by opening of trading on Tuesday 21 June 2005.

The Company is not aware of any reason why the trading halt should not be granted."

[dieter]

Aurora Minerals enters Joint Venture
on its Hazelbrook Project
Northland Volcanic Zone
New Zealand
Aurora Minerals Limited (ASX stock codes ARM and ARMO, NZX stock codes
ARM and ARMOA) is pleased to announce that it has entered into a joint venture
with New Zealand company Emerald Mining Limited (“Emerald”) on Aurora’s large
Hazelbrook epithermal gold project in the North Island of New Zealand.
Emerald is a part of the Auckland-based Emerald group of companies, a group with
European financial connections and extensive investments in New Zealand including
property development, power infrastructure and equipment, tourism and forestry. The
Emerald group also has a dairy operation in the Hazelbrook area through Emerald
Farming Limited.
Under the terms of the joint venture agreement Emerald may provide NZ$10 million
(approximately A$9.5 million) for expenditure on Aurora’s Hazelbrook Project to
earn a 50 % interest. Key terms are as follows:
Key Terms of the Aurora–Emerald Hazelbrook Joint Venture Agreement:
- Emerald will provide an initial NZ$2 million to the Hazelbrook Joint Venture
for expenditure on the project over the next 12 months
- Emerald has the right to provide a further NZ$2 million per year for each of
the following 4 years to the Hazelbrook Joint Venture for expenditure on the
project
- Emerald Mining will have earned a 50% interest in the Hazelbrook Joint
Venture after providing a total of NZ$10 million for expenditure. It may also
choose to provide the NZ$10 million to the Hazelbrook Joint Venture in
advance of the 4 year timetable noted above.
2
- Aurora will not be required to contribute any funds until the NZ$10 million is
spent
- Aurora Minerals has the right to manage the Hazelbrook Joint Venture while it
maintains a 50% or more interest and will have a casting vote on the joint
venture operating committee while it maintains a 50% or more interest.
- Emerald may withdraw from the joint venture following the expenditure of the
initial NZ$2 million.
Following expenditure of Emerald’s NZ$10 million both Aurora and Emerald
can each individually elect to contribute 50% of ongoing joint venture
expenditure, or either party can elect to gradually dilute under a standard
industry formula.
- Aurora and Emerald to negotiate a development joint venture agreement in the
future if they discover a deposit which warrants preparation of a bankable
feasibility study for mining.
- The joint venture incorporates all of Aurora’s current Hazelbrook project
comprising Prospecting Permit 39 270, covering 1013 square kilometres, and
Exploration Permit 40 730 within it, and other permits the joint venturers
agree from time to time.
- Under the Crown Minerals Act the joint venture is subject to the consent of the
Minister responsible for administering the Act.
The directors of Aurora believe the joint venture provides a funding mechanism to
advance exploration, especially the expensive drilling phase, and potentially future
development of the project.
Emerald have commented: “We welcome this investment in the Hazelbrook Joint
Venture with listed company Aurora Minerals in what is a promising epithermal gold
exploration project with the potential to add value to our investors’ global portfolio”.
Background
The new Hazelbrook Joint Venture will continue the exploration commenced by
Aurora for a Martha-type epithermal quartz vein gold deposit at Hazelbrook. The
Martha mine lies to the south of and in a similar geological setting to Hazelbrook, and
has produced approximately 7.5 million ounces of gold to date at an average grade of
approximately 7.4 g/t gold.
The Hazelbrook project is located in the Northland Volcanic Zone of New Zealand,
which is on the "Pacific Ring of Fire" which is known to host large epithermal gold
deposits of which Martha is one example.
3
Aurora commenced field exploration at Hazelbrook in October 2004 and is pleased
with progress to date. The company’s recent announcements include details of the
discovery of surface gold in rock chip, soil and

[dieter]

Top NZ women is owner of EMerald Group

Diane Foreman - Director
Currently CEO Emerald Group Limited, a private investment company 100% owned with husband, Bill Foreman, with a diverse portfolio including investments in the following:


Healthcare in Australia and New Zealand
Manufacturing in New Zealand and United States of America
Boutique hotel on Auckland's North Shore
Property Development and Investment
Prior to 1995 Diane was the CEO of Trigon Industries until she negotiated the sale to US based company Sealed Air Corporation. Trigon Industries had a staff of 750, annual sales of $135 million and six manufacturing plants worldwide.

Diane currently has several Directorships and is the Chairman of Health Capital Australia Limited. She is also a Trustee of the New Zealand Cochlear Implant Trust and a member of the NZ Business Round Table, recently appointed to vice-chair of the organisation.

[Winnie Burgers]

Posted by dieter: I am expecting an announcement any moment that will propell this company into financial orbit...

[xx(]

[dieter]

The deal certainly lowers the risk to ARM, $2mill in one year is a considerable spend on exploration,if there is several Martha type deposits ARM shareholders will be adequetly rewarded as there is only a modest no of shares on issue. Once drilling is underway (pity the NZ authotities make it so slow and tough) we will see plenty of shareaction...

The identity of the incoming parties bring with them many good contacts in NZ and this should bring added benefits..

Otherwise Yes I am a little disappointed that this JV AS YET has not been recognized....longer term this no doubt can be rectified

[Winnie Burgers]

Good luck dieter :)

[Wiremu]

dieter,

I think you have the wrong Emerald.

Foreman's Emerald isn't a group with European financial connections and extensive investments in New Zealand including property development, power infrastructure and equipment, tourism and forestry.

That more likely describes the Emerald which purchased Direct Capital, and is 90% (or thereabouts) owned by the Gardiner group of Canada.

[dieter]

Yes I agree I have the wrong Emerald Group---Google let me down this time...

I have established it is a European group with very substanciay money to invest-not sure as yet it is connected to the Gardiner group of Canada---I shall look further..

Please accept my apology

[dieter]

Aurora's JV press comment



NZ firm strikes gold prospect deal


22.06.05


By Chris Daniels


A gold exploration deal with Australian mining company Aurora Minerals has bought a large but unfamiliar New Zealand firm into the spotlight.

Emerald Mining is paying $2 million to Aurora as part of a joint-venture deal exploring for gold under the grassy paddocks of its Northland dairy farm.

It has the right to provide another $2 million a year for each of the next four years.

Emerald Mining will have earned a 50 per cent interest in the venture after putting in $10 million.

Chief executive Kevin Whitley said Emerald, owned by Moscow-based shareholders, owned 14 other companies, with an annual turnover of $100 million.

It operated in construction and development, importing and manufacturing for the electrical industry, tourism and forestry.

Its Russian owners had experience mining back in Europe but the Aurora deal came because the Hazelbrook prospect was on its land.

The company, which did not actively seek out media attention, had been built up over the past four years from $6 million of foreign investment.

The group owns a 550ha dairy farm in the Hazelbrook area through its Emerald Farming investment.

This farmland, north of Kerikeri, includes all of the area of what Aurora is calling its "Backyard Prospect". Aurora is also looking for gold further east near Kawakawa.

Any drilling or mining on the site is still covered by provisions of the Resource Management Act.

Aurora, which listed on the New Zealand Stock Exchange last year, is searching in Northland for an "epithermal system" - where gold created by volcanic activity is present. A similar system is in the Coromandel, site of the Martha mine.

It believes geological factors would have made Northland more difficult to explore by early prospectors and that it is better suited to modern exploration methods.

Aurora listed on the Australian Stock Exchange in June 2004, raising A$4 million for minerals exploration.

With a market capitalisation of $6.1 million and its head office in Perth, Aurora Minerals also has four exploration projects in West Australia's Murchison Goldfields.

Chairman Phillip Jackson and executive director Garry O'Hara said yesterday consultation with local Maori groups had begun and the joint venture hoped to have consents for drilling in key areas towards the end of this year.

Surface prospecting and "rock-chip sampling" was continuing at the site and Aurora says more results from its testing should be released in the coming months.

Terms of its deal with Emerald Mining (which should not be confused with Emerald Capital, or the locally owned Emerald Group investment company of Diane Foreman) include an option for the joint venture to buy or take a licence over the land for a price based on fair market value and a minerals production royalty.


:)

IS this the Russian Mafia?

[dieter]

This may help identify:

"Gisborne Herald Home > News Gisborne Herald: Home - Search - Help


Investor sees tourism future
by Iain Gillies
Wednesday, 13 April, 2005


NEW Zealand has a big future as a tourism destination and Gisborne could have a big part to play in this, says 44-year-old Russian journalist-businessman Adyl Khidirbekov, whose Emerald Group of companies are multimillion-dollar investors in the region.

Emerald bought the former Albion Hotel site and Quay Point building, which they are now developing into a hotel, conference centre and shopping complex.

They are also building the five-storey Bayview Apartment building on the former Heinz Wattie site.

Mr Khidirbekov has made this country his second home over the past three years, with seven visits — usually over a month at a time.

"The Gisborne region has its natural assets of sea, sand and surf that the rest of the world is just starting to discover," said Mr Khidirbekov.

"For instance, I spent this past Christmas here with my family and my nine-year-old son Andrew loved the beaches.

"We took surfing lessons from Gisborne’s American basketball coach, Frank Russell, and thoroughly enjoyed our time here.

"Yes, we have further plans for expansion whenever opportunities arrive that require investment and a bold business outlook.

"I have come here this weekend with fellow shareholder Sergei Sonkin to look at our business interests and to watch the Gisborne City football team in action against Napier.

"It was a great game and the Gisborne team played very well. Serg and I are keen football fans and we were certainly happy with what we have seen here this weekend."

Emerald, at the instigation of CEO Kevin Whitley, have backed Gisborne with a considerable financial input, the return of former New Zealand coach Kevin Fallon and the flying of players to games throughout the North Island.

The 44-year-old Moscow businessman was originally a journalist in St Petersburg.

"When the Soviet Union collapsed, I started my own newspaper, a weekly with a circulation of about 300,000," he said.

"I was 32 when I made this first step into business on my own and I liked the challenge it presented. These were challenging times and I was lucky as everything went well for me so I eventually sold the newspaper and went into other familiar activities such as construction, transportation and communications."

But Mr Khidirbekov retained his interests in other activities, such as football: "We played it a great deal as youngsters and, in these days, everyone in Russia seemed to play the game. For some years I was on the board of Zenit who were second in the Russian premier championship last year. And, even now, I get together with associates for a friendly game whenever I can."

[Winnie Burgers]

Last trade was 28 on the 15th (NZSE). Today there were 3 bids (33,32 & 28) Only 2 asks (35 & 38). No trading undertaken.

Only 1 trade on the ASX (5800 @ 30)

Buyers are obviously waiting for something a little more exciting.
Sellers are happy holding for now.

The ASX graph looks alot more volatile than the NZSE but definitely a better option.

There's no doubt there's potential here dieter.

Edit: spelling mistake

[truedragon]

ARM has been traded for weeks...... Anybody knows what's going on??

[truedragon]

I mean NOT been traded.

DISC: Hold none, but generally interest in gold

[dieter]

New discovery in NZ

Minerals Limited
Aurora
ABN 46 106 304 787
Aurora Minerals Limited
PO Box 1921, West Perth, WA 6872, Australia, Tel +61 8 9322 6891
29 August 2005
The Manager
Announcements
Company Announcements Office
Australian Stock Exchange Limited
PO Box H224 Australia Square
SYDNEY NSW 2000
AURORA MINERALS LIMITED
First results from Rockville Project, New Zealand
High grade base metal, silver and gold assays
Aurora Minerals Limited (ASX stock codes ARM and ARMO, NZX stock codes ARM and ARMOA) is pleased to announce high grade base metal, silver and gold assays from prospecting at its wholly-owned Rockville Project in the South Island of New Zealand.
#56256;#56451; Rock-chip samples have returned values up to 30.6% zinc, 43.3% lead, 348g/t silver and 4.1g/t gold in old gold workings
#56256;#56451; The old workings are at the southern end of a large 6km by 3km area containing numerous gold workings and alluvial diggings dating from the 1850s which has not previously been systematically explored for gold-silver rich base metal deposits.
#56256;#56451; The Company has also discovered bedrock gold and silver mineralisation in a recently exposed strongly quartz-pyrite altered shear zone in the northern part of the area.
#56256;#56451; Geological correlation between Rockville and rocks hosting high-grade gold-silver rich base metal massive sulphide deposits in Western Tasmania.
Aurora Minerals considers these reconnaissance results to be very encouraging. There appears to be widespread mineralisation in the area which warrants further testing.
Details
The Rockville Project covers the old Aorere Goldfield, one of the first gold discoveries in New Zealand, which was mined for gold in periods between 1856 and the 1890s. Old workings in the area include the Johnstons United at the southern end, Richmond Hill and others. To the north and west of the hardrock workings there are numerous alluvial gold diggings over an area of approximately 15 square kilometres (please refer to the attached Map).
The early prospectors appear to have concentrated on the gold and to have generally ignored the base metals although they knew of their existence.
Aurora Minerals Results
The Company acquired a prospecting permit over the area in 2004.
Aurora’s geological team, which made the Backyard gold discovery at Hazelbrook in late 2004, recently conducted its first low impact reconnaissance prospecting and geological inspection at Rockville, including taking a small number of rock grab samples around the old Johnsons United workings and in virgin areas to the north.
The Company has now received results from the grab samples with assays up to :
#56256;#56451; 4.1g/t gold, 348g/t silver, 0.3% zinc, 43.3% lead ; and
#56256;#56451; 1.4g/t gold, 36g/t silver, 30.6% zinc, 4.9% lead.
These high grades occur in the southern part of the area.
Approximately 4.5 kilometres to the north (“the Junction Area”) the Company’s geologists have discovered a 100m zone of strong alteration and gold–silver bearing quartz-pyrite veining which has been only recently exposed on private farmland.
Only two samples were taken from the Junction Area one of which assayed 1.0g/t gold and 6g/t silver. This may be very significant given that large quantities of co**** alluvial gold was reported from this area in the 1850’s, and that no significant modern exploration for bedrock gold appears to have been conducted.
The style of gold and base metal mineralisation on the project area varies:
#56256;#56451; at Johnstons United, gold and silver enriched massive sulphides occur in a mylonite or thrust zone at the contact between black shales and chloritoid schist; and
Aurora Minerals Limited
PO Box 1921, West Perth, WA 6872, Australia, Tel +61 8 9322 6891
#56256;#56451; at Richmond Hill a north trending fault structure in silicified granite reportedly hosts high-grade silver lodes.
Previous exploration in the 1970’s involved only 5 drill holes in the south of the prospect area which appears to have been inadequate.
Australian Base Metal – Go

[dieter]

Aurora Minerals is pleased to announce that its geologists have found visible gold in a quartz vein at the Junction Prospect at its Rockville Project on the South Island of New Zealand.

The bedrock geology of the Junction area has only recently been revealed by the clearing of thick scrub and cutting of new tracks by the landowners, and this is probably the reason it was missed by previous exploration companies.

Large quantities of co**** alluvial gold were reported in a gold rush in this area in the 1850's from creeks over an area of approximately 5 km by 2 km, (including Appos Flat where nuggets up to 2-3oz each were reportedly recovered) but no local source was discovered by these early prospectors.

The significance of finding visible gold by Aurora is that it clearly indicates the historic alluvial co**** gold was, at least, partially sourced from bedrock within the Junction Prospect and that the extensive alluvial workings in creeks draining the area indicate the bedrock gold mineralization is likely to be more widespread than identified to date.

The new find by Aurora also supports the previously reported highly anomalous gold assay value from only two samples taken by the Company from altered bedrock at Junction earlier this month.

A significant number of narrow quartz veins at Junction trend East-Northeast, parallel to schistosity. These appear to reside within a corridor of north trending lineaments which may prove to be bounding faults. The gold-bearing vein is north east trending within this corridor.

this is only part of the detailed update

Shares are up 15% on announcement

[dieter]

Director's Interests Notice and a Substantial Security Holder Notice have been provided by Aurora Minerlas Limited in relation to the holdings of Phillip Jackson.


Director's Interests Notice

Date: 04/10/2005
Number and class held prior to change: 1,550,000 ordinary shares
Number acquired: 1,000,000
Consideration: 28cps
Nature of change: On-market trade
Total held after change: 2,550,000 ordinary shares


Initial Substantial Security Holder Notice

Date: 04/10/2005
Number and Class of shares: 2,550,000 ordinary shares
Percentage Held: 7.56% voting
Consideration: 1,000,000 ordinary shares @ 28cps

[dieter]

A drill programme has commenced,both diamond and RC drill om some very well defined targets....

First resuts should be known by late feburary......

We are certain to see some agressive market action

[dieter]

Finally this canary is about to sing.
A verg clean breakout on volume suggest a lot is expected from drilling now underway......with the small no of shares listed any real sniff on the exciting epithermal play could mean $

http://users.tpg.com.au/joesmith/arm.jpg

[Paper Tiger]

Will we recognise the tune?

A drill and trill ? :D

[TGT05]

Any news lately on the stock, anouncement likely before options expire?

[dieter]

First pass results on drilling in WA due tomorrow,also news of new projects and some details on its uranium prospects before option due

[TGT05]

**** why the massive sell off today? Any ideas?

[dieter]

Hot uranium leases about to be announced

[dieter]

As A NZ gold play is over ,ARM has made a magnificent discovery in Australia

3c to 10 dollars in the making

The recent discovery by ARM in WA give the opportunity for a company maker. Manganese is normally sold around $3500/ton.ARM is seeing values of 50% plus on its leases extending for over 90K and that very early days.

One is expecting a very convincing story to be put together and presented to the market and high end investors in the next two weeks. From what I understand this is rapidly developing into by far in a way the largest single Company operated High Grade Manganese exploration strike zone in Australia and maybe the world. The upside of moderate success, based on comparatives with the Geology and Strike Zones of Woodie Woodie and Bootu Creek could well exceed 50times – 100times the current market cap. All this could be achieved within a year from now if permitting proceeds well enough. I suspect that the evidence being gathered from the current intense detailed mapping of the strike zone, will reveal observations relating to potential strike depths as well as surface expression. One look at the area from Google Earth will show you that in many instances this Mangineferous zone is cut by rivers and streams, which may provide an insight into the magnitude and depth potential of the mineralization. I know of no other exploration play in the country which is bursting to life with the upside potential of this one. Hands up those that missed FMG at 3cents the first time around. I suspect that once they start presenting, the wise heads of the land will have to have a piece of it.
latest result are

"More High Grade Manganese (up to 56.5% Mn) Discovered at Capricorn Southeast
• High-grade manganese results within three parallel mineralised strike zones identified in West of Road area
• Total prospective horizons 90km; 34km has been prospected so far with excellent results
• Next phase prospecting underway East of the Road - results due shortly
• New Exploration licence acquired to cover the southeast extension of the high grade Mango 9 prospect
Aurora Minerals Limited is pleased to report the discovery of additional high-grade manganese mineralisation, assaying up to 56.5% Mn from rock-chip samples, at its Capricorn Southeast Project in Central Western Australia. Aurora only commenced exploration at the project in late November and immediately identified high grade manganese mineralisation. High-grade manganese assay results continue to be received from the 34kms strike prospected to date. A further 56kms of strike is planned to be prospected in stages commencing immediately. Aurora’s Capricorn Southeast Project has a total of 90kms strike of the sedimentary sequence considered highly favourable for massive manganese mineralisation.

[dieter]

This stock is about to explode on new results on above being confirmed----simply said the largest deposit in Australia in the making

[COLIN]

This stock is about to explode on new results on above being confirmed----simply said the largest deposit in Australia in the making

Has exploded, all right, yet no-one on ST seems to be showing the slightest bit of interest! Remarkable.

(Was about 25c when Dieter made that posting, 75c today.)

[COLIN]

Reference above: I overlooked that this thread is on the NZX section - needs to be picked up on the ASX section - I will attend (when I've worked out how!)

[whatsup]

Heading for $1.00 wow what a ride.

[elZorro]

Hi Whatsup,

Yes, I just had a look at their website. What a great find, just staring up at them on the surface! It does look huge. Fat Prophets told their customers in Sept09 to buy at AU44c, as the area could bring Aurora into line with other miners in Manganese ore (used to harden steel, the only material that suits this task), one of which has an MV of 1.5Bn. Well, that's 20X the current MV of Aurora, even though it has climbed remarkably steeply since. With the big volume going in last week, surely this is a safe play. (ASX: ARM).

[elZorro]

Aurora is on fire! AUD$100,000 traded in the last 2-3 minutes, all cheaper shares being swallowed.

[elZorro]

Been quite a few looking at this thread, no posts on the NZ side of the forum..
ARM went up 7% yesterday, and from the look of the bids and asks waiting, will go to 106c during early trading today, another 6%. IMHO.

Wish I had a bit more pocket money.

[yabster]

down 2 cents today so far... 6% gain huh...?

[elZorro]

Interesting comment Yabster, serves me right for making a prediction..:o

Hope you didn't throw too much in early on today.. There will be a lot of traders selling out with a 100% (or more) gain to be made. And why not :)

But the way this share was trading yesterday, climbing like a rocket in good volume, it won't be too long before it's on the move upwards again.

But what do I know? I'm still playing around getting a feel for shares, after 3-4years. Very hard to predict sometimes, even though you can see the sense in what the companies are doing.

[yabster]

Its all good elZ I take all predictions with a pinch of salt on sharetrader - after all its my decision in the end.

The share certainly has me interested and reading the FATProphets recommendation of Spec Buy I have throw a little in but only an amount I can afford to lose.

ps I have only been in the game for two odd years Hold NPX , PPL, PRC and RYM

[elZorro]

Its all good elZ I take all predictions with a pinch of salt on sharetrader - after all its my decision in the end.

The share certainly has me interested and reading the FATProphets recommendation of Spec Buy I have throw a little in but only an amount I can afford to lose.

ps I have only been in the game for two odd years Hold NPX , PPL, PRC and RYM

Just to show we're not the only investors keen on ARM:

http://crazyjimsmith.blogspot.com/2010/01/aurora-minerals-arm-blue-sky.html

Maybe Monday next week will see a few more back from holiday and catching up with the movements, there might be another run at lunchtime...