SOURCE: Aurus Corporation

March 27, 2008 10:55 ET

Aurus Shall Process Its Iron Deposits

NEW YORK, NY--(Marketwire - March 27, 2008) - AURUS CORP (PINKSHEETS: AURC) shall commence the processing of iron from the tailings on its Roshal site. The report made by TsNIGRI under international standards concludes that there are 20.8 million tonnes of iron on this site. This report coincides with the report made in March 2007 by the Russian Scientific Research Institute of Chemical Technology.

"The iron shall be extracted by the use of magnetic separation within an aqueous medium. With strong magnetic fields, it is possible to extract iron at the rate of 60-65% of the cinder material," states Fedor Dovgan, president.

The iron shall be sold on the strong internal market. "Because the price of iron has almost doubled due to the increase in demand from the booming construction industry, we shall commence the process within the mining complex that is being prepared," adds Mr. Dovgan.

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 countries and operate its mines through joint ventures and/or partnerships.

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