Auris AG completes current exploration phase on the Pangoy project in the Democratic Republic of the Congo.Category: Company News
Auris AG is pleased to announce that the first phase project appraisal has been successfully completed on the Pangoy project. Utilising satellite imagery, Auris is identifying further exploration targets which have been generated for the next phase of work; these have been developed from the high grade results taken from the first phase of exploration.
The results of this exploration phase indicates that artisanal activity has taken place in the past and has increased markedly on the property throughout 2011. The Auris Pangoy gold property occupies a prime position within an area known to be the host of several world class gold deposits, and based on new indicators, Auris believes it has the potential of joining the group of companies with world class, multi million ounce gold deposits.