Aur has profit

Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per share after provision of $301,000 for income taxes.

For the similar period last year, Aur had net income of $l38,531.

President James Gill points out that at June 30, the company was debt free, and had a cash position of $2,261,146. He said he anticipates “excellent results from our ambitious programs during the next six months.”