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Aurelio Resources (AULO) is closing in on an historic copper discovery at its Hill Copper Project, Arizona. AULO is currently trading at the $0.45 per share range -- do not miss your opportunity to own this stock below $1. AULO’s Hill Copper Project comprises the Courtland and MAN zones and has undergone extensive property evaluation with a current drill-indicated resource of approximately 800 million pounds of copper – which can be valued up to $2.5 billion.
Aurelio is actively drilling the MAN zone to reconfirm prior drilling results and to validate the discovery. The company has also inked a Definitive Agreement with top-tier producer Newmont Mining (NYSE: NEM) on the acquisition of the adjoining Banner and Australia claims representing a potential bonanza extension of the Hill Copper discovery.
Aurelio is now the prime acquisition target, by far, of all the copper exploration companies I am closely following. A key buy-out aspect of AULO to the ever-vigilant major copper companies is the prospect of very low-cost/high-profit copper reserves. The top producers operate giant copper mines from which their profits margins are dictated by cost of extraction and the prevailing commodity price of copper. Whereas the vast majority of copper deposits lie deep underground and are extremely costly to extract, Aurelio’s Hill Copper Project contains a drill-indicated resource of nearly 800 million pounds of near surface copper that can be extracted via low-cost open pit mining. This represents a huge production advantage to the major copper company that eventually wins a takeover bid for Aurelio.
I expect Aurelio Resources to confirm a major discovery at Hill Copper in the upcoming drill-phase and for the AULO share-price to begin a steady upward climb. You can expect Aurelio to attract the acquisition interest of the major copper producers in the area. Buy Aurelio Resources (AULO) at current price levels below $1 per share.
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