Aur buys property

Aur Resources (TSE) has acquired a base metals prospect from Abbey Exploration (TSE). The 12-claim property, known as the Lugold, is located near Val d’Or, Que. Aur purchased the 100% interest for $129,000. The company has also agreed to subscribe for 75,000 common shares of Abbey and 500,000 share purchase warrants for a total price of $175,000. Abbey will also retain a net profit royalty of 5%.