SOURCE: Aurus Corporation

February 16, 2007 09:47 ET

Aurus Triples Gold Shipments

MONTREAL -- (MARKET WIRE) -- February 16, 2007 -- Aurus (PINKSHEETS: AURC) announced that its first shipment for February surpassed the amount shipped for the entire month of January. According to the Company, it has tripled the quantity shipped on a bi-monthly rate. On February 14, it had processed 2,300 ounces of 99.9% pure gold, which is an increase of 300% over last month's shipment of the same date.

The Company expects to continue to increase its gold deliveries on a month-to-month basis to approximately 10,000 ounces and whereafter it will increase production further with the receipt of the new equipment on order.

"The increase in gold delivery is truly encouraging and we are very optimistic for our continued efforts to further increase revenue and profitability," says Martin Grancharoff, vice president.

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.

Contact Information

  • Contact:

    Jeremy Krause
    Managing Director
    Business Development Consultants, LLC
    1-858-384-0294