Aurus Corporation (Pink Sheets: AURC) has approved the “Gold zone development of the At-Yuryakh-Sturm technological placers” project. This investment project was started by the administration of the Yagodninsky district of the Magadan region. The administration expressed their plan to grant rights for this project to Aurus. The project is expected to be valued at $6.5 million, with the total investment valued at $4.4 million with a payback period of 5 years.
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Aurus Corp. Inc. - the public gold mining company, is quoted in system of an over-the-counter trading of the USA (NASDAQ OTC) under symbol: AURC.PK. Aurus owns through the affiliated companies the rights to development and mining operations (gold, silver, rare-earth metals).
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