Aurogin Resources Ltd.
TSX VENTURE : AUQ

Aurogin Resources Ltd.

March 24, 2006 08:00 ET

Aurogin Announces Private Placement

TORONTO, ONTARIO--(CCNMatthews - March 24, 2006) - Aurogin Resources Ltd. ("Aurogin") (TSX VENTURE:AUQ) announces that it has negotiated a $660,000 private placement, to consist of the sale of 3,000,000 units at a price of $0.22 per unit. Each unit will consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of $0.36 for a period of 2 years from closing. The proceeds from this private placement, which is subject to regulatory acceptance, will be used in the further exploration of Aurogin's mineral properties in Guatemala and Nevada, and for working capital purposes.

Aurogin Resources Ltd., a TSX Venture Exchange listed company ("AUQ"), is an emerging gold producer focused on the acquisition and development of profitable gold deposits in the Americas. Further information can be found on Aurogin's web site at: www.auroginresources.com.

Issued: 44,645,721 common shares

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THIS NEWS RELEASE.

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