SOURCE: Aurus Corporation

April 29, 2008 12:28 ET

Aurus Negotiating Joint Venture

NEW YORK, NY--(Marketwire - April 29, 2008) - Aurus Corp (PINKSHEETS: AURC) announces that it is presently negotiating with a mining company to exploit part of its reserves in the Roshal territory. The reserves of tailings containing rare earth minerals are enormous and the president submits that it would be preferable to share the burden of manpower, equipment and costs involved in the processing of these reserves.

"By sharing our resources, we can produce minerals twice as fast," says Mr. Dovgan, president. "There is plenty of room for a number of teams to operate on the site."

The negotiation centers around operating the open pit mine as a joint venture or separating the material on a royalty basis.

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.

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