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luckylindy
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AUMY NEWS:
Auric Mining Appoints New President and CEO
Date : 04/28/2011 @ 5:18PM
Source : PR Newswire
Stock : Auric Mining Company (AUMY)
Quote : 0.038 0.01 (35.71%) @ 4:24PM


Auric Mining Appoints New President and CEO

Auric Mining Company (USOTC:AUMY)
Intraday Stock Chart
Today : Thursday 28 April 2011
Auric Mining Corp. (OTC: AUMY.PK) (the "Company") reports that the Company has appointed Mr. Michael Burke as its President and CEO replacing Mr. Richard Fesiuk effective on April 29th, 2011. The Company would like to thank Mr. Fesiuk for his contributions as interim President and he will remain on the Company's Advisory Board.

Mr. Burke has worked for over a decade in the mining sector and also currently serves as the President of Homestead Colorado Gold Corp., which he founded with 2 others in 2011 to identify, purchase and develop gold, silver and Bitumen properties in the Leadville area in Colorado. The company has identified and earmarked a number of properties containing over $300,000,000 worth of new reserves, which are being explored and considered for production.

Mr. Burke specializes in technological integration, mining and geophysical exploration, finance, project and corporate development with a successful track record of extracting shareholder value. He was an honoured member of the 1997 Edition of Who's Who and recognized among top executives in North America for that year. In 2009, he received the Princeton Premier Business Leader and Professional Award and also received the Arthur C May award for engineering excellence. He has founded and served as the President of numerous companies in the technology, security, hospitality, and engineering sectors and most notably built World Star Holdings Inc. into a multi-million dollar high technology enterprise employing 40 people from 1995 – 1998.

He attended the Faculty of Electrical Engineering at Lakehead University and advanced to pre-med courses at the College of Medicine at the University of Manitoba. He completed a degree in international trust and asset banking law through First Nevision and obtained a Business Management Diploma at King's Business College. He has attended a variety of Safety and Mine Rescue, Heavy Equipment Operation and Repair Training and other courses sponsored by Campbell Red Lake Mines, Inco Metals, Dickenson Mine, Sherritt International, Thiessen Mining Contracting and Umex Mines among others.

Newly appointed Auric Mining President and CEO, Mr. Burke, commented, "I am pleased to accept the leadership role for the Company and look forward to reporting on exciting new developments in mineral exploration and production that we have been working on going forward."

The Company is also currently working on a new corporate website at www.auricgold.com which is currently in beta and will be officially launched soon.

About Auric Mining Corp.:

(Auric or the Company) is doing business as an investment and management company in mining and natural resources projects. The Company continues to focus its resources on investing in attractive projects with the objective of establishing ongoing cash-flow and provide profitability for its shareholders.

Auric has researched through numerous databases of private and public natural resources companies which have substantial findings already proven. Auric will either purchase, joint venture or invest in these companies. The Company is constantly seeking acquisition opportunities with significant exploration upside in the form of entire companies or packages of assets that provide an undeniable possibility of hosting base and precious metal mineralization. With unparalleled instincts for successful mineral projects, a field-oriented management style and a flat organizational structure, the Company has an ability to concentrate its financial assets, human resources and field efforts to provide timely decisions and a continued focus on the most prospective targets.

The company is currently focused on developing its properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario and its previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." In addition to its prolific history for gold mining, Wawa has shown promising signs of concentrated kimberlite indicators, a favorable geological formation for diamond exploration. The company has a number of claims strategically located in this historic mining district. Auric has undertaken significant efforts to assure its shareholders and potential investors that the properties it explores deserve the investment of time, effort and financial commitment necessary to establish successful mineral production in the future. For more information please visit the company's website at www.auricgold.com.

For more information contact:Auric Mining CompanyGeneral Inquiries: 302-336-9736 Investor Relations: 302-269-3859 Email: info@auricminingcorp.com

Forward-looking Statement:

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 - forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at Auric Mining's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

SOURCE Auric Mining Corp.

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luckylindy
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AUMY (Auric Mining Co.) - has taken significant effort to assure its shareholders and potential investors that the properties that they explore receive a measurable amount of investment in time, effort and financial commitment necessary to establish successful mineral production in the future.

This strategy could allow Auric Mining to utilize its resources by investing into on-going projects to establish immediate revenue for the company and provide profitability for shareholders.

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arizonagold
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AUMY - Auric Mining Appoints New President and CEO
Date : 04/28/2011 @ 5:18PM
Source : PR Newswire
Stock : Auric Mining Company (AUMY)
Quote : 0.057 0.019 (50.00%) @ 10:09AM


Looking good this morning!!

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luckylindy
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Auric Mining Signs Letter of Intent to Acquire Homestead Tonopah Gold LLC

Auric Mining Company (USOTC:AUMY)
Intraday Stock Chart
Today : Friday 29 April 2011
Auric Mining Company (OTC: AUMY.PK) (the "Company") is pleased to report that the Company has signed a Letter of Intent (LOI) to acquire Homestead Tonopah Gold LLC, a Nevada Corporation located in Carson City, Nevada. The terms of the agreement will be disclosed upon closing.

Homestead Tonopah Gold owns a 50% interest, by virtue of a joint venture agreement, in a substantial gold bearing property located near Tonopah, Nevada. The property is situated in the Walker Lane domain of the Basin and Range physiographic province. It's surrounded by three well established deposits (each either abutting property or within 2 miles distance). Phelps Dodge performed some work on the property in the early 1990s and found 100,000 ounces of gold, but did not explore it further because it was considered too small by their standards at the time.

In the mid 1990s, the property was explored by various public mining companies and they spent substantial development money exploring its potential. They projected that the property held at least 200,000 ounces of gold, which would be worth approx. $280 million based on today's price of gold. Their drilling program bottomed out in gold. However, they were not able to attract additional funds to drill deeper and subsequently the price of gold declined. The property holds exceptional potential if drilled to depth. There is the possibility that the property could be merged with one of the surrounding properties to create the potential of a 500,000 + ounce ore body.

About Auric Mining Corp.:

(Auric or the Company) is doing business as an investment and management company in mining and natural resources projects. The Company continues to focus its resources on investing in attractive projects with the objective of establishing ongoing cash-flow and provide profitability for its shareholders.

Auric has researched through numerous databases of private and public natural resources companies which have substantial findings already proven. Auric will either purchase, joint venture or invest in these companies. The Company is constantly seeking acquisition opportunities with significant exploration upside in the form of entire companies or packages of assets that provide an undeniable possibility of hosting base and precious metal mineralization. With unparalleled instincts for successful mineral projects, a field-oriented management style and a flat organizational structure, the Company has an ability to concentrate its financial assets, human resources and field efforts to provide timely decisions and a continued focus on the most prospective targets.

The company is currently focused on developing its properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario and its previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." In addition to its prolific history for gold mining, Wawa has shown promising signs of concentrated kimberlite indicators, a favorable geological formation for diamond exploration. The company has a number of claims strategically located in this historic mining district. Auric has undertaken significant efforts to assure its shareholders and potential investors that the properties it explores deserve the investment of time, effort and financial commitment necessary to establish successful mineral production in the future. For more information please visit the company's website at www.auricminingcorp.com.

For more information contact:Auric Mining CompanyGeneral Inquiries: 302-336-9736 Investor Relations: 302-269-3859 Email: info@auricminingcorp.com

Forward-looking Statement:

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 - forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at Auric Mining's stage of development. All such forward looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof

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wolyton
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WILMINGTON, Del., April 29, 2011 /PRNewswire via COMTEX/ -- Auric Mining Company (OTC: AUMY.PK) (the "Company") is pleased to report that the Company has signed a Letter of Intent (LOI) to acquire Homestead Tonopah Gold LLC, a Nevada Corporation located in Carson City, Nevada. The terms of the agreement will be disclosed upon closing.

Homestead Tonopah Gold owns a 50% interest, by virtue of a joint venture agreement, in a substantial gold bearing property located near Tonopah, Nevada. The property is situated in the Walker Lane domain of the Basin and Range physiographic province. It's surrounded by three well established deposits (each either abutting property or within 2 miles distance). Phelps Dodge performed some work on the property in the early 1990s and found 100,000 ounces of gold, but did not explore it further because it was considered too small by their standards at the time.

In the mid 1990s, the property was explored by various public mining companies and they spent substantial development money exploring its potential. They projected that the property held at least 200,000 ounces of gold, which would be worth approx. $280 million based on today's price of gold. Their drilling program bottomed out in gold. However, they were not able to attract additional funds to drill deeper and subsequently the price of gold declined. The property holds exceptional potential if drilled to depth. There is the possibility that the property could be merged with one of the surrounding properties to create the potential of a 500,000 + ounce ore body.

About Auric Mining Corp.:

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wolyton
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Awesome increase today!

--------------------
what i post is my opinion

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luckylindy
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AUMY: The Bottom Line: AUMY Could Generate Solid Returns


Presently, AUMY has a technical set-up that any potential investor could witness as possibly a one-time opportunity.

Quite simply, AUMY has displayed that it is enhancing its recent growth and expansion into the Diamond and Gold industries which the opportunity for generous returns.

Since AUMY is currently trading on SUB-5 Cent levels and has solid fundamental and technical factors, the possibility for substantial growth for the company could bode very well for shareholders.

Remember...in the past, AUMY has experienced surges in valuation of over 100% in just days.


Watch AUMY trade.... it's the type of "Gold Digger" that could deliver substantial gains!

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luckylindy
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AUMY
Top 4 Investor Highlights:


#1. AUMY just signed a Letter of Intent to acquire a property...and the property has been projected that it "held at least 200,000 ounces of gold, which would be worth approximately two hundred eighty million based on today's price of gold."

#2. Has a property in which there have been numerous deposits of small diamonds.

#3. Canada ranks 3rd in the world for the supply of diamonds- AUMY is in Canada!

#4. Over 45% of world exploration for diamonds is being conducted in Canada, with AUMY being one of the pioneers!

#5. Several months ago, AUMY acquired a Gold Property....AUMY could soar on current record Gold prices that are rising

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arizonagold
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AUMY - Auric Mining Company. There is gold in them there hills and Auric Mining Company is actively pursuing it. This one could do great things as gold prices rise. IMO
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arizonagold
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AUMY - Looking good!! IMO

The company is currently focused on developing its properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario and its previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." In addition to its prolific history for gold mining, Wawa has shown promising signs of concentrated kimberlite indicators, a favorable geological formation for diamond exploration. The company has a number of claims strategically located in this historic mining district. Auric has undertaken significant efforts to assure its shareholders and potential investors that the properties it explores deserve the investment of time, effort and financial commitment necessary to establish successful mineral production in the future. For more information please visit the company's website at www.auricgold.com.

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wolyton
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WILMINGTON, Del., May 3, 2011 /PRNewswire via COMTEX/ -- Auric Mining Company (OTC: AUMY.PK) (the "Company") reports that following the signing of a Letter of Intent to acquire Nevada based Homestead Tonopah Gold LLC, the acquisition target has entered into an agreement to acquire the Saint Kevin mine property located in Lake County, Colorado.

The Saint Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 metres above sea level. The site was initially operated continuously for 10 years and several times after that period. The property has proven gold and silver reserves of 120,000 tons averaging 22 ounces of silver and .06 ounces of gold based on previous exploration reports. Based on today's precious metal prices, that would equate to approx. $11.2 million in gold reserves and $118.8 million in silver. Homestead Tonopah Gold LLC plans to commence further exploration work and to seek out a Joint Venture partner in an effort to prove up at least 1 million tons of silver and gold respectively.

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