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Aurus Negotiating Joint Venture NEW YORK, NY--(MARKET WIRE)--Apr 29, 2008 -- Aurus Corp (Other OTC:AURC.PK - News) 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. Contact: Contact:
Viatcheslav Kuznetsov
slavakuz@gmail.com
Source: Aurus Corporation
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