Aur Resources Inc. Reports Net Earnings of US$84.6 Million and Cash Flow from Operating Activities of US$142.9 Million in the Third Quarter of 2006
All dollar amounts are expressed in United States currency unless otherwise stated.

Aur Resources Inc. (TSX: AUR)(SSE: AUR) today announced net earnings for the third quarter of US$84.6 million.

"The strong financial performance experienced by Aur over the last two years is expected to continue for the foreseeable future as high metal prices will benefit our existing operations as well as the Duck Pond Mine which will begin production before year end and the Andacollo Hypogene Copper-Gold Deposit which is now under development", said Jim Gill, Aur's President and CEO. "We expect Aur's financial strength and operating expertise to result in continued profitable growth in the years ahead."

Third Quarter Highlights - 2006

- Net Earnings of $84.6 million, $0.87 (CDN$0.98) per share, in the third quarter, an increase of 173% compared to 2005.

- Cash Flow from Operating Activities of $142.9 million in the third quarter, an increase of 122% compared to 2005.

- Cash and Working Capital increased to $592.5 million and $487.4 million, respectively, as at September 30, 2006.

- Cash per Share of $6.07 (CDN$6.79) at September 30, 2006.

- Dividends of $13.1 million paid to Aur shareholders on July 1, 2006.

- Production Decision made for the Andacollo Hypogene Copper-Gold Deposit

Financial Results

Third Quarter

Mining revenues were $202.3 million in the third quarter of 2006, compared to $108.1 million for the same period in 2005. Net earnings were $84.6 million, equal to $0.87 per share for the quarter, a 173% increase over net earnings of $31.0 million or $0.33 per share for the same quarter last year. Cash flow from operating activities was $142.9 million, equal to $1.48 (CDN$1.65) per share, compared to $64.3 million or $0.68 per share in the third quarter of 2005. Aur's consolidated cash position at September 30, 2006 increased by $93.9 million to $592.5 million from June 30, 2006, and working capital increased by $62.8 million to $487.4 million.

Aur's realized copper price, including $0.06 per pound of cathode sales premiums and $0.11 per pound of quotational period pricing adjustments, averaged $3.65 per pound in the third quarter of 2006, compared to the LME average price for the quarter of $3.48 per pound.

Nine Months

Mining revenues were $556.9 million for the nine months ended September 30, 2006, approximately 77% higher than the $314.2 million for the same period in 2005. Net earnings were $225.3 million, equal to $2.33 per share for the nine months ended September 30, 2006, a 124% increase over net earnings of $100.8 million or $1.06 per share for the same period last year. Cash flow from operating activities was $370.6 million, equal to $3.83 (CDN$4.29) per share for the year to date, compared to $160.5 million or $1.69 per share in 2005. Aur's consolidated cash position at September 30, 2006 increased by $231.2 million to $592.5 million from December 31, 2005, and working capital increased by $145.6 million to $487.4 million.

Aur's realized copper price, including $0.06 per pound of cathode sales premiums and $0.35 per pound of quotational period pricing adjustments, averaged $3.41 per pound during the nine months ended September 30, 2006, compared to the LME average price of $3.00 per pound for the year to date.

The following table presents a summary of Aur's Consolidated Statements of Operations for the periods ended September 30, 2006 and 2005:


            Three months ended September 30 Nine months ended September 30
                          ($000's)                       ($000's)
              ----------------------------- ------------------------------
                   2006      2005    Change       2006      2005    Change
              --------- --------- ---------  --------- --------- ---------
Mining
 revenues       202,346   108,097    94,249    556,892   314,246   242,646
Mining
 expenses       (44,740)  (41,025)   (3,715)  (123,960) (124,380)      420
Depreciation
 &
 amortization    (7,537)   (8,172)      635    (22,378)  (24,846)    2,468
Mine closure
 & site
 restoration     (1,008)   (1,588)      580     (1,707)   (3,089)    1,382
ENAMI copper
 price
 participation   (9,496)   (2,074)   (7,422)   (25,229)   (3,062)  (22,167)
Non-
 controlling
 interests      (30,146)  (12,153)  (17,993)   (83,098)  (23,485)  (59,613)
              --------- --------- ---------  --------- --------- ---------
Operating
 earnings       109,419    43,085    66,334    300,520   135,384   165,136
Business
 development     (1,443)   (1,713)      270     (5,329)   (4,354)     (975)
Administration   (1,832)   (1,050)     (782)    (6,791)   (4,833)   (1,958)
Interest on
 long-term
 debt            (2,109)   (2,109)        -     (6,328)   (6,328)        -
Stock-based
 compensation      (681)     (277)     (404)    (1,612)   (1,141)     (471)
Taxes           (27,386)   (9,110)  (18,276)   (73,984)  (25,070)  (48,914)
Interest
 and other        8,604     2,192     6,412     18,755     7,106    11,649
              --------- --------- ---------  --------- --------- ---------

Net earnings     84,572    31,018    53,554    225,231   100,764   124,467
              --------- --------- ---------  --------- --------- ---------
              --------- --------- ---------  --------- --------- ---------

Basic
 earnings
 per share         0.87      0.33      0.54       2.33      1.06      1.27
              --------- --------- ---------  --------- --------- ---------
              --------- --------- ---------  --------- --------- ---------

Metal Production and Sales

Third Quarter

Copper production from the Andacollo and Quebrada Blanca Mines in the third quarter of 2006 was 55.6 million pounds of copper, compared to 57.6 million pounds of copper, in the third quarter of 2005, plus0.3 million pounds of copper, 0.8 million pounds of zinc, 11,000 ounces of silver and 300 ounces of gold representing Aur's share of production from the Louvicourt Mine which closed on July 12, 2005. Mining revenues were $202.3 million in the third quarter of 2006, a $94.2 million increase over the same period in 2005. The increase was primarily due to higher realized copper prices, which were $1.77 per pound higher.

Minesite cash operating costs were $44.7 million in the third quarter of 2006, compared to $41.0 million in 2005. Aur's cash operating cost per pound of copper sold was $0.81 for the quarter, $0.10 per pound higher than in the third quarter of 2005. The higher unit operating costs resulted primarily from increased energy, labour and acid costs and lower copper production.

Nine Months

Copper production from the Andacollo and Quebrada Blanca Mines for the nine months ended September 30, 2006 was 164.7 million pounds of copper, compared to 168.3 million pounds of copper, plus 11.4 million pounds of copper, 8.8 million pounds of zinc, 138,000 ounces of silver and 4,500 ounces of gold representing Aur's share of production from Louvicourt for the same period in 2005. There were 15.0 million fewer pounds of copper produced for the year to date, compared to 2005, of which 11.4 million pounds represented Aur's share of production from the Louvicourt Mine. Mining revenues were $556.9 million for the nine months ended September 30, 2006, a $242.6 million increase over the same period in 2005. The increase was primarily due to higher realized copper prices, which were $1.70 per pound higher.

Minesite cash operating costs were $124.0 million for the nine months ended September 30, 2006, compared to $124.4 million in 2005. Aur's cash operating cost per pound of copper sold was $0.76 for the nine months ended September 30, 2006, $0.11 per pound higher than in the same period of 2005. The higher unit operating costs resulted primarily from 15.6 million fewer pounds sold for the year to date together with higher energy, reagent and labour costs, compared to 2005.

Mine Operating Earnings (1)

The following table presents a summary of mine operating earnings for the periods ended September 30, 2006 and 2005.


            Three months ended September 30 Nine months ended September 30
                          ($000's)                       ($000's)
              ----------------------------- ------------------------------
                   2006      2005    Change       2006      2005    Change
              --------- --------- ---------  --------- --------- ---------
Louvicourt            -       944      (944)         -    14,236   (14,236)
Andacollo        23,666    16,708     6,958     74,517    41,578    32,939
Quebrada
 Blanca         133,940    49,420    84,520    358,415   134,052   224,363
              --------- --------- ---------  --------- --------- ---------

                157,606    67,072    90,534    432,932   189,866   243,066
              --------- --------- ---------  --------- --------- ---------
              --------- --------- ---------  --------- --------- ---------

(1) Mine operating earnings equals mining revenues less mining expenses.

Mine Operating Cash Flow

Cash flow from mine operating activities was $147.2 million in the third quarter of 2006, compared to $69.0 million for the same period last year. Mine operating cash flow increased approximately 113.3% in the third quarter of 2006 by comparison to 2005.

Andacollo Mine

Third Quarter

The Andacollo Mine produced 9.2 million pounds of LME registered cathode copper during the third quarter of 2006, compared to 13.2 million pounds in the third quarter of 2005 as slow leaching kinetics continued to negatively impact production. A total of 5.2 million tonnes of rock, of which 1.0 million tonnes was heap leach ore and 1.5 million tonnes was dump leach ore, was mined at a strip ratio of 1.3:1. A total of 4.6 million tonnes of rock, of which 1.0 million tonnes was heap leach ore, was mined at a strip ratio of 3.7:1 in the third quarter of 2005. Highly altered ore, initially encountered in the first half of the year, continued to negatively impact leaching rates in the third quarter and resulted in lower production than forecast. In-process copper inventories, however, rose by approximately 3,000 tonnes to 13,000 tonnes in the quarter as a consequence of the longer leach cycle times.

Andacollo's revenues of $30.3 million, generated from the sale of 8.2 million pounds of copper in the third quarter of 2006, were $5.5 million higher than the revenues of $24.8 million in the third quarter of 2005 as a result of higher copper prices. Cash operating costs were $6.6 million; $1.5 million lower than for the same period in 2005 principally due to the lower copper production. The cash operating costs in the third quarter of 2006 were $0.81 per pound of copper sold, $0.20 per pound higher than in 2005, principally due to the 5.0 million fewer pounds of copper sold and higher energy, reagent and labour costs in the third quarter of 2006, compared to the same period in 2005. Cash flow from operating activities was $23.5 million in the third quarter of 2006, compared to $17.2 million in 2005. Expenditures on property, plant and equipment were $6.3 million in the third quarter, of which $0.8 million was sustaining capital and $5.5 million was for special projects, including $0.7 million on the dump leach facility, $0.1 million on the heap leach pad expansion and $4.7 million on the Hypogene Deposit development, compared to $2.7 million in 2005.

Nine Months

Andacollo produced 29.6 million pounds of LME registered cathode copper during the nine months ended September 30, 2006, compared to 38.4 million pounds in 2005. A total of 13.5 million tonnes of rock, of which 2.8 million tonnes was heap leach ore and 2.5 million tonnes was dump leach ore, was mined at a strip ratio of 1.6:1. A total of 14.1 million tonnes of rock, of which 3.1 million tonnes was heap leach ore, was mined at a strip ratio of 3.5:1 in 2005.

Andacollo's revenues of $96.3 million, generated from the sale of 28.5 million pounds of copper for the nine months ended September 30, 2006, were $30.6 million higher than the revenues of $65.7 million in 2005 as a result of higher copper prices. Cash operating costs were $21.7 million, $2.4 million lower than for the same period in 2005. The cash operating costs in 2006 were $0.76 per pound of copper sold, $0.13 per pound higher than in 2005, for the same reasons as in the third quarter, compared to the same period in 2005. Cash flow from operating activities was $72.6 million for the nine months ended September 30, 2006, compared to $43.0 million in 2005. Expenditures on property, plant and equipment were $11.7 million, of which $1.5 million was sustaining capital and $10.2 million was for special projects, including $3.3 million on the dump leach facility, $0.9 million on the heap leach pad expansion and $5.9 million on the Hypogene Deposit feasibility study, compared to $3.7 million in 2005.

Quebrada Blanca Mine

Third Quarter

The Quebrada Blanca Mine had an excellent third quarter in which it produced 46.4 million pounds of LME registered cathode copper, compared to 44.4 million pounds in the third quarter of 2005. A total of 8.9 million tonnes of rock, of which 1.8 million tonnes was heap leach ore and 1.5 million tonnes was dump leach ore, was mined at a strip ratio of 1.7:1 in the third quarter of 2006, compared to 9.1 million tonnes of rock, of which 1.9 million tonnes was heap leach ore and 3.0 million tonnes was dump leach ore, at a strip ratio of 0.9:1 for the third quarter 2005.

Quebrada Blanca's revenues, generated from the sale of 47.2 million pounds of copper, were $172.0 million in the third quarter of 2006, compared to $81.5 million generated from the sale of 43.5 million pounds of copper in 2005. The $90.5 million increase in revenues was primarily due to a higher realized copper price. Cash operating costs of $38.1 million were $6.0 million higher than in the same period in 2005. Cash operating costs were $0.81 per pound of copper sold, $0.07 per pound higher than in the third quarter of 2005 due to higher energy, acid, labour and transportation costs. Cash flow from operating activities was $123.7 million in the third quarter of 2006 compared to $45.0 million in 2005. Expenditures on property, plant and equipment were $2.4 million in the third quarter, of which $1.9 million was sustaining capital, compared to $0.2 million in 2005.

Nine Months

The Quebrada Blanca Mine produced 135.1 million pounds of LME registered cathode copper for the nine months ended September 30, 2006, compared to 129.8 million pounds in 2005. A total of 26.2 million tonnes of rock, of which 5.6 million tonnes was heap leach ore and 6.1 million tonnes was dump leach ore, was mined at a strip ratio of 1.2:1 compared to 27.6 million tonnes of rock, of which 5.6 million tonnes was heap leach ore and 9.4 million tonnes was dump leach ore, at a strip ratio of 0.8:1 in 2005.

Quebrada Blanca's revenues, generated from the sale of 134.7 million pounds of copper, were $460.6 million for the nine months ended September 30, 2006, compared to $221.3 million generated from the sale of 129.1 million pounds of copper in 2005. The $239.3 million increase in revenues was due to a higher realized copper price and the higher sales volumes. Cash operating costs of $102.2 million were $15.0 million higher than in the same period in 2005. Cash operating costs were $0.76 per pound of copper sold, $0.08 per pound higher than in 2005 for the same reasons as in the third quarter. Cash flow from operating activities was $313.8 million in 2006 compared to $118.0 million in 2005. Expenditures on property, plant and equipment were $4.0 million, compared to $0.5 million in 2005.

Development Projects

Duck Pond - Newfoundland

The Duck Pond copper-zinc mine remains on schedule to achieve commercial production in early 2007. Underground development, including stope preparation, is in progress on three levels and to date approximately 10,000 tonnes of ore has been mined and stockpiled on surface for processing in the concentrator. Definition drilling continues to define the deposit for stope planning purposes and has totaled 20,000 metres to date. Construction of the tailings facility and other key site infrastructure is now complete with the concentrate storage building at the Turf Point ship loading facility expected to be completed in November. The concentrator construction is progressing well, however, completion of this work and commissioning is behind schedule and the processing of ore is now expected to begin in mid-November. This will result in production for 2006 being reduced to 5,500 tonnes and 4,100 tonnes of copper and zinc concentrates containing 2.7 million pounds of copper and 4.9 million pounds of zinc in 2006 compared to the original forecast of 5.2 million pounds of copper and 10.6 million pounds of zinc. Capital development expenditures were $28.4 million in the third quarter and $53.6 million, to date.

Andacollo Hypogene Copper-Gold Deposit - Chile

Development of the Andacollo Hypogene Copper-Gold Deposit for production by late 2009 commenced in the third quarter following the formal production decision being announced on August 3, 2006. During the third quarter, basic engineering and design work, geotechnical studies related to the tailings pond and mine design, and environmental permitting progressed as planned. Additional water rights to ensure availability for the mining operation were secured, purchase orders for major equipment with long lead delivery time such as the primary crusher, SAG and ball mills were made and tenders for leasing for the mobile mining fleet were initiated. Organization of the project management team required to ensure the on-time budget development of the mine also continued during the third quarter. A total of $4.7 million was spent on the development of this project in the third quarter of 2006, with $5.9 million having been spent to date in 2006. Capital expenditures are expected to total $19.8 million in 2006 on development of the Hypogene Deposit.

Other Financial Information

Business Development

Aur's expenditures on its exploration projects and the identification and evaluation of potential acquisitions were $1.4 million and $5.3 million in the third quarter and for the year to date, respectively, compared to $1.7 million and $4.4 million, respectively, in 2005. Drilling resumed in the third quarter on the El Dorado gold-silver property in southern Argentina where quartz veins and hydrothermal breccias carrying isolated occurrences of gold-silver mineralization were encountered. Drilling will continue into the fourth quarter. Results from drilling on the Camacho base metal property in the State of Zacatecas, Mexico are expected before the end of 2006. Early in the fourth quarter, the Macuchi VMS property in Ecuador was optioned from Largo Resources Limited. Geological and related work will start immediately on this property from which 435,000 tonnes of ore grading 11.5 grams of gold per tonne and 4.7% copper was mined during the 1940's. The search for development stage deposits and/or producing mines which meet Aur's investment criteria continues in Africa, Eastern Europe and CIS countries, as well as in the Americas. A number of exploration and acquisition opportunities have also been identified and are under evaluation.

Administration

Administration expenses were, as expected $1.8 million and $6.8 million in the third quarter and for the year to date, respectively, compared to $1.1 million and $4.8 million in 2005.

Depreciation and amortization

Depreciation and amortization expenses were, as expected, $7.5 million and $22.4 million in the third quarter and for the year to date, respectively, compared to $8.2 million and $24.8 million in 2005, the reduction being primarily due to the increased supergene reserves at the Andacollo Mine and fewer pounds of cathode copper produced in 2006, compared to 2005.

Mine closure and site restoration

Non-cash mine closure and site restoration expenses for the Andacollo and Quebrada Blanca Mines were $1.0 million and $1.7 million in the third quarter and for the year to date, respectively, compared to $1.6 million and $3.1 million in 2005. These expenses were lower in 2006, primarily as a result of no further costs being accrued for Louvicourt.

Interest on long-term debt

Interest expense on Aur's $125 million senior notes debt were $2.1 million and $6.3 million in the third quarter and for the year to date, respectively, for both 2006 and 2005 and will be $8.4 million for the year.

Stock-based compensation

Stock-based compensation expense was $0.7 million and $1.6 million in the third quarter and for the year to date, respectively, compared to $0.3 million and $1.1 million in 2005.

ENAMI copper price participation

A copper price participation expense related to the Quebrada Blanca Mine, payable to ENAMI, of $9.5 million and $25.2 million was accrued in the third quarter and for the year to date, respectively, compared to $2.1 million and $3.1 million in 2005.

Interest and other

The net amount of interest and other expenses and revenues was positive $8.6 million and $18.8 million in the third quarter and for the year to date, respectively, compared to a positive $2.2 million and $7.1 million, respectively, in 2005. Net revenues in the third quarter were primarily due to interest and other income of $8.9 million.

Provision for income and resource taxes

Provision for taxes was $27.4 million in the third quarter and $74.0 million for the year to date, respectively, compared to $9.1 million and $25.1 million in 2005. Current income taxes for the nine months ended September 30, 2006 totaled $67.5 million, of which $55.4 million related to Quebrada Blanca and $12.1 million related to Andacollo. Chilean specific mining taxes totaled $6.8 million, of which $6.5 million related to Quebrada Blanca and $0.3 million related to Andacollo. The higher tax expense in 2006 is a result of higher earnings.

Non-controlling interests

Non-controlling interests expense, related to the interests of Aur's partners in the Andacollo and Quebrada Blanca Mines, was $30.1 million and $83.1 million in the third quarter and in the year to date, respectively, of 2006, compared to $12.2 million and $23.5 million for the same periods in 2005.

Aur is entitled to receive 76.5% and 63% of Quebrada Blanca's and Andacollo's future cash distributions, respectively. As at September 30, 2006, the entitlement of the non-controlling interests to cash distributions was $42.0 million.

Working capital

Working capital increased $62.8 million during the third quarter to $487.4 million at September 30, 2006, primarily due to increased cash balances resulting from operating activities.

Property, plant and equipment

Investments in property, plant and equipment totaled $36.8 million during the third quarter of 2006, compared to $11.8 million for the same period in 2005. These investments included $28.4 million invested at Duck Pond, $6.3 million invested at Andacollo and $2.4 million invested at Quebrada Blanca. Investments in property, plant and equipment totaled $79.0 million for the nine months ended September 30, 2006, of which $10.0 million was for the 2005 copper price participation paid to Teck Cominco, $53.9 million was invested at Duck Pond, $11.7 million at Andacollo and $4.0 million at Quebrada Blanca.

2006 Outlook

Aur has used an LME copper price of $3.46 per pound for the remaining three months in developing this 2006 outlook.

In 2006, Aur expects its share of the 217 million pounds of copper production from the Andacollo and Quebrada Blanca Mines to total approximately 160 million pounds. Cash operating costs per pound of copper sold, are forecast to average $0.76 per pound in 2006. In addition, 2.7 million pounds of copper and 4.9 million pounds of zinc are expected to be produced by the Duck Pond Mine in 2006, the revenue from which will be credited to the capital development costs.

Revenue is forecast to be approximately $763 million. Mine operating costs are expected to be $169 million. Operating profit, after business development, administration and senior notes interest costs, is expected to be approximately $569 million. Net earnings, after all other expenses including depreciation and amortization, non-cash mine closure expenses, income tax provision and non-controlling interests totaling $261 million, are forecast at approximately $308 million, equal to $3.15 or CDN$3.58 per share.

Cash flow from operating activities is forecast to be approximately $512 million. Cash expenditures associated with financing activities are expected to total $120 million and are comprised of $25 million for dividends to Aur shareholders, $6 million copper price participation to ENAMI, $3 million for capital leases and $93 million for dividend payments to non-controlling interests of Quebrada Blanca, offset by proceeds of $7 million, from common share issuances related to the exercise of employee stock options. Cash expenditures on investing activities are expected to total $131 million in 2006, comprised primarily of $81 million at Duck Pond, $28 million at Andacollo of which $20 million is for the Hypogene Project, $12 million at the Quebrada Blanca Mine and $10 million to Teck Cominco for the 2005 copper price participation. Aur's consolidated cash balance at December 31, 2006 is, therefore, forecast to be $622 million, after the payment of $60.6 million of dividends to Quebrada Blanca non-controlling interests in December.

Aur's sensitivity to copper price is such that a $0.50 per pound increase or decrease in the price of copper from $3.46 per pound, in the remaining three months of 2006, would change the 2006 net earnings by $17 million and cash flow from operating activities by $29 million.

This news release contains forward-looking statements that are based on current expectations and which involve risks and uncertainties, including those referred to in Aur's 2005 Annual Report and/or in Aur's Annual Information Form dated March 24, 2006 ("AIF") and filed with Canadian securities regulatory authorities, that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in the forward-looking statements. Such forward-looking statements include statements regarding financial results and expectations for 2006 and include, among other things, statements regarding targets, estimates and/or assumptions in respect of copper production and/or copper prices, timing and costs of the development of new deposits, operating costs, ongoing expenditures on property, plant and equipment, levels of and increases and decreases in production, reserves and/or resources and anticipated grades and recovery rates and are or may be based on assumptions and/or estimates related to future economic, market and other conditions and include parameters, assumptions and conclusions in any feasibility studies. Factors that could cause actual results, developments or events to differ materially from those anticipated include, among others, the factors described or referred to elsewhere herein and/or in the AIF and include unanticipated and/or unusual events. Many of such factors are beyond Aur's ability to control or predict. Actual results may differ materially from those anticipated. Readers are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Aur disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

Additional information, including the quarterly and annual consolidated financial statements, Annual Information Form ("AIF"), Management Information Circular and other disclosure documents, may also be examined and/or obtained through the Internet by accessing Aur's website at www.aurresources.com or by accessing the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

Aur's third quarter analyst conference call will be held at 10:00 a.m., ET, on October 27, 2006. This listen-only webcast can be accessed by going directly to CCNMatthews web site at www.ccnmatthews.com or by going to the home page of Aur's web site.


                        PRODUCTION STATISTICS
                   Three months ended September 30

---------------------------------------------------------------------------
2006                                   Andacollo Quebrada Blanca     Total
---------------------------------------------------------------------------
Ore (tonnes)
 Heap leach                              966,168       1,797,616       n/a
 Dump leach                            1,456,211       1,538,700       n/a

Copper Grade (%TCu)
 Heap leach                                 0.71            1.27       n/a
 Dump leach                                 0.38            0.57       n/a

Copper (000 pounds)
 Produced                                  9,215          46,421    55,636
 Sold                                      8,223          47,197    55,420
 Less: non-controlling
  interests                               (3,043)        (11,090)  (14,133)
                                       ---------       ---------  --------
 Net to Aur                                5,180          36,107    41,287
 Inventory                                 1,658           3,532     5,190

Cost per pound of
 copper sold                                0.81            0.81      0.81
---------------------------------------------------------------------------
2005                      Louvicourt   Andacollo Quebrada Blanca     Total
---------------------------------------------------------------------------
Ore (tonnes)                  51,066   1,017,220       1,856,358       n/a

Grade
 Copper (%)                     1.03        0.86            1.21       n/a
 Soluble copper (%)              n/a        0.74            1.08       n/a
 Zinc (%)                       2.79           -               -       n/a

 Gold (oz/t)                    0.02           -               -       n/a
 Silver (oz/t)                  1.41           -               -       n/a

Copper (000 pounds)
 Produced                        321      13,211          44,372    57,904
 Sold                            321      13,222          43,532    57,075
 Less: non-controlling
  interests                        -      (4,893)        (10,231)  (15,124)
                            --------   ---------       ---------  --------
 Net to Aur                      321       8,329          33,301    41,951
 Inventory                         -         739           3,232     3,971

Other metals produced
 and sold
 Zinc (pounds)               825,000           -               -   825,000
 Gold (ounces)                   300           -               -       300
 Silver (ounces)              11,000           -               -    11,000

Cost per pound of
 copper sold                    0.91        0.61            0.74      0.71
---------------------------------------------------------------------------
Notes: 1. Tonnes of ore milled at Louvicourt and stacked at Andacollo and
          Quebrada Blanca and all metal production figures are shown on a
          100% basis with the exception of metal production figures for
          Louvicourt, which represent Aur's 30% joint venture interest. Net
          copper to Aur represents Aur's 30%, 70% and 90% beneficial
          interests in Louvicourt, Andacollo and Quebrada Blanca,
          respectively, in 2005 and Aur's 63% and 76.5% beneficial
          interests in Andacollo and Quebrada Blanca in 2006.
       2. Cash operating cost per pound of copper sold includes smelting,
          refining, transportation and marketing costs, settlement
          adjustments, provisional pricing, and is net of by-product
          credits where applicable.



                        PRODUCTION STATISTICS
                  Nine months ended September 30
---------------------------------------------------------------------------
2006                                   Andacollo Quebrada Blanca     Total
---------------------------------------------------------------------------
Ore (tonnes)
 Heap leach                            2,774,616       5,589,935       n/a
 Dump leach                            2,523,742       6,135,596       n/a

Copper Grade (%TCu)
 Heap leach                                 0.72            1.30       n/a
 Dump leach                                 0.39            0.56       n/a

Copper (000 pounds)
 Produced                                 29,568         135,135   164,703
 Sold                                     28,538         134,662   163,200
 Less: non-controlling
  interests                              (10,559)        (31,643)  (42,202)
                                       ---------       ---------  --------
 Net to Aur                               17,979         103,019   120,998
 Inventory                                 1,658           3,532     5,190

Cost per pound of
 copper sold                                0.76            0.76      0.76
---------------------------------------------------------------------------
2005                      Louvicourt   Andacollo Quebrada Blanca     Total
---------------------------------------------------------------------------
Ore (tonnes)                 819,920   3,100,000       5,524,067       n/a

Grade
 Copper (%)                     2.20        0.84            1.31       n/a
 Soluble copper (%)              n/a        0.72            1.10       n/a
 Zinc (%)                       1.85           -               -       n/a
 Gold (oz/t)                    0.03           -               -       n/a
 Silver (oz/t)                  0.95           -               -       n/a

Copper (000 pounds)
 Produced                     11,403      38,440         129,827   179,670
 Sold                         11,403      38,257         129,147   178,807
 Less: non-controlling
  interests                        -     (12,403)        (18,792)  (31,195)
                            --------   ---------       ---------  --------
 Net to Aur                   11,403      25,854         110,355   147,612
 Inventory                         -         739           3,232     3,971

Other metals produced
 and sold
 Zinc (pounds)             8,842,000           -               - 8,842,000
 Gold (ounces)                 4,500           -               -     4,500
 Silver (ounces)             138,000           -               -   138,000

Cost per pound of
 copper sold                    0.43        0.63            0.68      0.65
---------------------------------------------------------------------------
Notes: 1. Tonnes of ore milled at Louvicourt and stacked at Andacollo and
          Quebrada Blanca and all metal production figures are shown on a
          100% basis with the exception of metal production figures for
          Louvicourt, which represent Aur's 30% joint venture interest. Net
          copper to Aur represents Aur's 30%, 70% and 90% beneficial
          interests in Louvicourt, Andacollo and Quebrada Blanca,
          respectively, in 2005 and Aur's 63% and 76.5% beneficial
          interests in Andacollo and Quebrada Blanca in 2006.
       2. Cash operating cost per pound of copper sold includes smelting,
          refining, transportation and marketing costs, settlement
          adjustments, provisional pricing, and is net of by-product
          credits where applicable.





   AUR RESOURCES INC.
   UNAUDITED INTERIM CONSOLIDATED STATEMENTS

   September 30, 2006
   (Expressed in thousands of United States dollars)

   These interim financial statements have not been audited or reviewed
   by the Corporation's external auditors



Consolidated Statements of Operations      Three months        Nine months
(in thousands of United States                    ended              ended
 dollars except earnings per share)        September 30       September 30
                                      -------------------------------------
(Unaudited)                                2006    2005     2006      2005
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $       $        $         $

Mining revenues                         202,346 108,097  556,892   314,246
---------------------------------------------------------------------------

Expenses
 Mining                                  44,740  41,025  123,960   124,380
 Business development                     1,443   1,713    5,329     4,354
 Administration                           1,832   1,050    6,791     4,833
 Depreciation and amortization            7,537   8,172   22,378    24,846
 Mine closure and site restoration        1,008   1,588    1,707     3,089
 Interest on long-term debt               2,109   2,109    6,328     6,328
 Stock-based compensation                   681     277    1,612     1,141
 ENAMI copper price participation         9,496   2,074   25,229     3,062
 Interest and other (note 7)             (8,604) (2,192) (18,755)   (7,106)
---------------------------------------------------------------------------

                                         60,242  55,816  174,579   164,927
---------------------------------------------------------------------------

Earnings before taxes and
 non-controlling interests              142,104  52,281  382,313   149,319

Income and resource taxes               (27,386) (9,110) (73,984)  (25,070)
---------------------------------------------------------------------------

Earnings before non-controlling
 interests                              114,718  43,171  308,329   124,249

Non-controlling interests               (30,146)(12,153) (83,098)  (23,485)
---------------------------------------------------------------------------

Net earnings for the period              84,572  31,018  225,231   100,764
---------------------------------------------------------------------------
---------------------------------------------------------------------------

Basic earnings per share (note 6(b))       0.87    0.33     2.33      1.06
---------------------------------------------------------------------------
---------------------------------------------------------------------------

Diluted earnings per share (note
 6(b))                                     0.86    0.32     2.30      1.05
---------------------------------------------------------------------------
---------------------------------------------------------------------------


Consolidated Statements of Retained
 Earnings                                  Three months        Nine months
(in thousands of United States                    ended              ended
 dollars)                                  September 30       September 30
                                      -------------------------------------
(Unaudited)                                2006    2005     2006      2005
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $       $        $         $
Retained earnings - beginning of
 period                                 382,296 194,575  254,782   128,646

Net earnings for the period              84,572  31,018  225,231   100,764

Dividends on common shares                    -       -  (13,145)   (3,817)
---------------------------------------------------------------------------

Retained earnings - end of period       466,868 225,593  466,868   225,593
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.




Consolidated Segmented Information on Operations for the three months ended
 September 30
(in thousands of United States dollars)
(Unaudited)

                                                Quebrada
2006                                  Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $        $         $       $

Mining revenues                          30,299  172,047         - 202,346
---------------------------------------------------------------------------

Expenses
 Mining                                   6,633   38,107         -  44,740
 Business Development                         -        -     1,443   1,443
 Administration                               -        -     1,832   1,832
 Depreciation and amortization              639    6,794       104   7,537
 Mine closure and site restoration          203      805         -   1,008
 Interest on long-term debt                   -        -     2,109   2,109
 Stock-based compensation                     -        -       681     681
 ENAMI copper price participation             -    9,496         -   9,496
 Interest and other                        (967)  (1,479)   (6,158) (8,604)
---------------------------------------------------------------------------
                                          6,508   53,723        11  60,242
---------------------------------------------------------------------------
Earnings (loss) before taxes             23,791  118,324       (11)142,104
Income and resource taxes                (3,910) (21,780)   (1,696)(27,386)
---------------------------------------------------------------------------
Earnings (loss) before non-controlling
 interests                               19,881   96,544    (1,707)114,718
Non-controlling interests                (7,460) (22,686)        - (30,146)
---------------------------------------------------------------------------

Net earnings (loss)                      12,421   73,858    (1,707) 84,572
---------------------------------------------------------------------------
---------------------------------------------------------------------------

                                                Quebrada
2005                       Louvicourt Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                    $         $        $         $       $
Mining revenues                 1,807    24,800   81,490         - 108,097
---------------------------------------------------------------------------

Expenses
 Mining                           863     8,092   32,070         -  41,025
 Business Development               -         -        -     1,713   1,713
 Administration                     -         -        -     1,050   1,050
 Depreciation and
  amortization                      -     2,245    5,838        89   8,172
 Mine closure and site
  restoration                     249       179    1,160         -   1,588
 Interest on long-term debt         -         -        -     2,109   2,109
 Stock-based compensation           -         -        -       277     277
 ENAMI copper price
  participation                     -         -    2,074         -   2,074
 Interest and other              (613)        93     317    (1,989) (2,192)
---------------------------------------------------------------------------
                                  499     10,609  41,459     3,249  55,816
---------------------------------------------------------------------------
Earnings (loss) before
 taxes                          1,308     14,191  40,031    (3,249) 52,281
Income and resource taxes       3,092     (2,133) (6,731)   (3,338) (9,110)
---------------------------------------------------------------------------
Earnings (loss) before
 non-controlling interests      4,400     12,058  33,300    (6,587) 43,171
Non-controlling interests           -     (4,461) (7,692)        - (12,153)
---------------------------------------------------------------------------
Net earnings (loss)             4,400      7,597  25,608    (6,587) 31,018
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



Consolidated Segmented Information on Operations for the nine months ended
 September 30
(in thousands of United States dollars)
(Unaudited)

                                                Quebrada
2006                                  Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $        $         $       $
Mining revenues                          96,264  460,628         - 556,892
---------------------------------------------------------------------------

Expenses
 Mining                                  21,747  102,213         - 123,960
 Business Development                         -        -     5,329   5,329
 Administration                               -        -     6,791   6,791
 Depreciation and amortization            3,099   18,980       299  22,378
 Mine closure and site restoration          614    1,093         -   1,707
 Interest on long-term debt                   -        -     6,328   6,328
 Stock-based compensation                     -        -     1,612   1,612
 ENAMI copper price participation             -   25,229         -  25,229
 Interest and other                      (2,550)  (4,056)  (12,149)(18,755)
---------------------------------------------------------------------------
                                         22,910  143,459     8,210 174,579
---------------------------------------------------------------------------
Earnings (loss) before taxes             73,354  317,169    (8,210)382,313
Income and resource taxes               (12,516) (59,769)   (1,699)(73,984)
---------------------------------------------------------------------------
Earnings (loss) before
 non-controlling interests               60,838  257,400    (9,909)308,329
Non-controlling interests               (22,614) (60,484)        - (83,098)
---------------------------------------------------------------------------
Net earnings (loss)                      38,224  196,916    (9,909)225,231
---------------------------------------------------------------------------
---------------------------------------------------------------------------

                                                Quebrada
2005                       Louvicourt Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                    $         $        $         $       $
Mining revenues                27,263    65,687  221,296         - 314,246
---------------------------------------------------------------------------

Expenses
 Mining                        13,027    24,109   87,244         - 124,380
 Business Development               -         -        -     4,354   4,354
 Administration                     -         -        -     4,833   4,833
 Depreciation and
  amortization                    766     6,791   17,127       162  24,846
 Mine closure and site
  restoration                     497       430    2,162         -   3,089
 Interest on long-term debt         -         -        -     6,328   6,328
 Stock-based compensation           -         -        -     1,141   1,141
 ENAMI copper price
  participation                     -         -    3,062         -   3,062
 Interest and other              (790)      441     (244)   (6,513) (7,106)
---------------------------------------------------------------------------
                               13,500    31,771  109,351    10,305 164,927
---------------------------------------------------------------------------
Earnings (loss) before
 taxes                         13,763    33,916  111,945   (10,305)149,319
Income and resource taxes      (1,918)   (3,873) (19,286)        7 (25,070)
---------------------------------------------------------------------------
Earnings (loss) before
 non-controlling interests     11,845    30,043   92,659   (10,298)124,249
Non-controlling interests           -    (9,857) (13,628)        - (23,485)
---------------------------------------------------------------------------
Net earnings (loss)            11,845    20,186   79,031   (10,298)100,764
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



                                                             As at
                                                ---------------------------
Consolidated Balance Sheets                        September 30 December 31
(in thousands of United States dollars)                    2006        2005
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                                     (Unaudited)
                                                              $           $

Assets

Current
 Cash                                                   592,510     361,263
 Receivables                                              9,193      11,751
 Inventories and prepaid expenses (note 2)               74,247      62,934
---------------------------------------------------------------------------

                                                        675,950     435,948
Property, plant and equipment                           349,865     290,919
Future income and resource taxes                          1,693       3,387
Long-term copper inventory and other (note 3)            21,753      23,127
---------------------------------------------------------------------------

                                                      1,049,261     753,381
---------------------------------------------------------------------------
---------------------------------------------------------------------------

Liabilities and Shareholders' Equity

Current
 Accounts payable and accrued liabilities                76,677      55,224
 Dividends payable                                            -      12,384
 Copper price participations (note 4)                    35,229      15,959
 Payable to non-controlling interests                    41,985       6,534
 Current portion of obligation under capital lease        2,654       3,387
 Current portion of mine closure and site restoration       764         718
Current portion of senior notes                          31,250           -
---------------------------------------------------------------------------

                                                        188,559      94,206
---------------------------------------------------------------------------

Senior notes (note 5)                                    93,750     125,000

Obligation under capital leases                           4,562       6,060

Future income and resource taxes                         22,909      24,897

Mine closure and site restoration                        27,746      26,831

Non-controlling interests                                48,067      33,108
---------------------------------------------------------------------------

                                                        197,034     215,896
---------------------------------------------------------------------------

                                                        385,593     310,102
---------------------------------------------------------------------------

Contingency (note 10)

Shareholders' equity
 Share capital (note 6)                                 190,663     183,654
 Contributed surplus -- stock-based compensation          4,008       2,396
 Cumulative translation adjustment                        2,129       2,447
 Retained earnings                                      466,868     254,782
---------------------------------------------------------------------------

                                                        663,668     443,279
---------------------------------------------------------------------------

                                                      1,049,261     753,381
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



Consolidated Segmented Balance Sheet Information as at
(in thousands of United States dollars)

September 30, 2006                             Quebrada
(Unaudited)                          Andacollo   Blanca Corporate     Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                             $        $         $         $
Assets
Current
 Cash                                  105,669  198,775   288,066   592,510
 Receivables                             1,312    2,227     5,654     9,193
 Inventories and prepaid expenses       13,606   56,236     4,405    74,247
---------------------------------------------------------------------------
                                       120,587  257,238   298,125   675,950
Property, plant and equipment           40,461  214,826    94,578   349,865
Futture income and resource taxes            -        -     1,693     1,693
Long-term copper inventory and other         -   20,872       881    21,753
---------------------------------------------------------------------------

                                       161,048  492,936   395,277 1,049,261
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Liabilities
Current
 Accounts payable and accrued
  liabilities                           18,252   53,231     5,194    76,677
 Copper price participations                 -   25,229    10,000    35,229
 Payable to non-controlling interests        -   41,985         -    41,985
 Current portion of obligation under
  capital leases                             -    2,555        99     2,654
 Current portion of mine closure and
  site restoration                           -        -       764       764
 Current portion of senior notes             -        -    31,250    31,250
---------------------------------------------------------------------------
                                        18,252  123,000    47,307   188,559
Senior notes                                 -        -    93,750    93,750
Obligation under capital leases              -    4,368       194     4,562
Future income and resource taxes         3,753   19,156         -    22,909
Mine closure and site restoration        5,408   19,204     3,134    27,746
Non-controlling interests               48,067        -         -    48,067
---------------------------------------------------------------------------
                                        75,480  165,728   144,385   385,593
---------------------------------------------------------------------------
---------------------------------------------------------------------------

                                               Quebrada
December 31, 2005         Louvicourt Andacollo   Blanca Corporate     Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                   $         $        $         $         $
Assets
Current
 Cash                          1,489    45,224   37,805   276,745   361,263
 Receivables                     233     2,410    6,442     2,666    11,751
 Inventories and prepaid
  expenses                        70     9,798   50,630     2,436    62,934
---------------------------------------------------------------------------
                               1,792    57,432   94,877   281,847   435,948
Property, plant and
 equipment                         -    32,392  219,577    38,950   290,919
Future income and
 resource taxes                    -         -        -     3,387     3,387
Long-term copper
 inventory and other               -         -   22,057     1,070    23,127
---------------------------------------------------------------------------

                               1,792    89,824  336,511   325,254   753,381
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Liabilities
Current
 Accounts payable and
  accrued liabilities            566     7,579   38,740     8,339    55,224
 Dividends payable                 -         -        -    12,384    12,384
 Copper price
  participations                   -         -    5,959    10,000    15,959
 Payable to
  non-controlling interests        -         -    6,534         -     6,534
 Current portion of
  obligation under capital
  leases                           -         -    3,387         -     3,387
 Current portion of mine
  closure and site
  restoration                    718         -        -         -       718
---------------------------------------------------------------------------
                               1,284     7,579   54,620    30,723    94,206
Senior notes                       -         -        -   125,000   125,000
Obligation under capital
 leases                            -         -    6,060         -     6,060
Future income and
 resource taxes                    -     3,670   21,227         -    24,897
Mine closure and site
 restoration                   1,364     5,037   19,689       741    26,831
Non-controlling interests          -    25,453    7,655         -    33,108
---------------------------------------------------------------------------

                               2,648    41,739  109,251   156,464   310,102
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



                                           Three months        Nine months
Consolidated Statements of Cash Flow              ended              ended
(in thousands of United States             September 30       September 30
 dollars)                             -------------------------------------
(Unaudited)                                2006    2005     2006      2005
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $       $        $         $
Operating activities
 Net earnings for the period             84,572  31,018  225,231   100,764
 Non-cash items -
  Depreciation and amortization           7,537   8,172   22,378    24,846
  Future income and resource taxes          396   1,546     (294)    5,071
  Mine closure and site restoration         751     815      795     2,154
  Gain on sale of marketable securities       -       -        -    (1,804)
  Gain on disposal of property, plant
   and equipment                            (10)   (377)    (150)     (522)
  Interest on obligation on properties
   purchased                                  4       8       13        26

  Stock-based compensation                  681     277    1,612     1,141
  Copper price participation              9,496   2,074   25,229     3,062
  Non-controlling interests              30,146  12,153   83,098    23,485
---------------------------------------------------------------------------

                                        133,573  55,686  357,912   158,223
Net change in non-cash working
 capital items (note 8)                   9,346   8,647   12,699     2,256
---------------------------------------------------------------------------

                                        142,919  64,333  370,611   160,479
---------------------------------------------------------------------------

Financing activities
 Dividends on common shares             (13,073) (3,817) (25,457)  (11,773)
 Repayments of capital leases            (1,766)   (865)  (3,392)   (2,841)
 Payments of non-controlling interests        -       -  (32,687)   (3,589)
 Payment of copper price participation
  to ENAMI                                    -       -   (5,916)        -
 Common shares issued                     1,209     881    7,009     2,574
 Foreign exchange and other               1,373     584       90      (171)
---------------------------------------------------------------------------
                                        (12,257) (3,217) (60,353)  (15,800)
---------------------------------------------------------------------------

Investing activities
 Payment of copper price participation        -       -  (10,000)  (10,000)
 Property, plant and equipment          (28,404) (8,421) (44,787)   (9,868)
 Mineral property development            (8,685) (4,410) (24,766)   (8,568)
 Proceeds on sale of marketable
  securities                                  -       -        -     2,213
 Proceeds on disposal of property,
  plant and equipment                       316   1,062      542     1,225
---------------------------------------------------------------------------

                                        (36,773)(11,769) (79,011)  (24,998)
---------------------------------------------------------------------------

Increase in cash for the period          93,889  49,347  231,247   119,681

Cash -- beginning of period             498,621 276,854  361,263   206,520
---------------------------------------------------------------------------

Cash -- end of period                   592,510 326,201  592,510   326,201
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



Consolidated Segmented Information on Cash Flow for the three months ended
 September 30
(in thousands of United States dollars)
(Unaudited)



                                                Quebrada
2006                                  Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $        $         $       $
Operating activities
 Net earnings (loss)                     12,421   73,858    (1,707) 84,572
 Non-cash items                           8,306   38,478     2,217  49,001
---------------------------------------------------------------------------
                                         20,727  112,336       510 133,573
 Net change in non-cash working
  capital items                           2,773   11,321    (4,748)  9,346
---------------------------------------------------------------------------

                                         23,500  123,657    (4,238)142,919
---------------------------------------------------------------------------

Financing activities
 Dividends on common shares                   -        -   (13,073)(13,073)
 Repayments of capital leases                 -   (1,766)        -  (1,766)
 Common shares issued                         -        -     1,209   1,209
 Foreign exchange and other                  14      523       836   1,373
---------------------------------------------------------------------------
                                             14   (1,243)  (11,028)(12,257)
---------------------------------------------------------------------------
Investing activities
 Property, plant and equipment           (6,291)  (2,391)  (19,722)(28,404)
 Mineral property development                 -        -    (8,685) (8,685)
 Proceeds on disposal of property,
  plant and equipment                         -        -       316     316
---------------------------------------------------------------------------

                                         (6,291)  (2,391)  (28,091)(36,773)
---------------------------------------------------------------------------

Intersegment distributions to
 corporate                                   52      227      (279)      -
---------------------------------------------------------------------------
Increase (decrease) in cash for
 the period                              17,275  120,250   (43,636) 93,889
Cash - beginning of period               88,394   78,525   331,702 498,621
---------------------------------------------------------------------------

Cash - end of period                    105,669  198,775   288,066 529,510
---------------------------------------------------------------------------
---------------------------------------------------------------------------

                                                Quebrada
2005                       Louvicourt Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                    $         $        $         $       $

Operating activities
 Net earnings (loss)            4,400     7,597   25,608    (6,587) 31,018
 Non-cash items                (4,267)    9,019   16,177     3,739  24,668
---------------------------------------------------------------------------
                                  133    16,616   41,785    (2,848) 55,686
 Net change in non-cash
  working capital items         6,667       549    3,264    (1,833)  8,647
---------------------------------------------------------------------------

                                6,800    17,165   45,049    (4,681) 64,333
---------------------------------------------------------------------------

Financing activities
 Repayments of capital
  leases                            -         -        -    (3,817) (3,817)
 Payments of
  non-controlling interests         -         -     (865)        -    (865)
 Common shares issued               -         -        -       881     881
 Foreign exchange and other       297       (54)    (216)      557     584
---------------------------------------------------------------------------

                                  297       (54)  (1,081)   (2,379) (3,217)
---------------------------------------------------------------------------

Investing activities
 Property, plant and
  equipment                         -    (2,680)    (178)   (5,563) (8,421)
 Mineral property
  development                       -         -        -    (4,410) (4,410)
 Proceeds on disposal of
  property, plant and
  equipment                     1,062         -        -         -   1,062
---------------------------------------------------------------------------

                                1,062    (2,680)    (178)   (9,973)(11,769)
---------------------------------------------------------------------------

Intersegment distributions
 to corporate                  (8,144)      (90)     934     7,300       -
---------------------------------------------------------------------------
Increase (decrease) in
 cash for the period               15    14,341   44,724    (9,733) 49,347
Cash - beginning of
 period                         1,004    12,920   70,155   192,775 276,854
---------------------------------------------------------------------------

Cash - end of period            1,019    27,261  114,879   183,042 326,201
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.



Consolidated Segmented Information on Cash Flow for the nine months ended
 September 30
(in thousands of United States dollars)
(Unaudited)

                                                Quebrada
2006                                  Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                              $        $         $       $
Operating activities
 Net earnings (loss)                     38,224  196,916    (9,909)225,231
 Non-cash items                          26,407  103,781     2,493 132,681
---------------------------------------------------------------------------
                                         64,631  300,697    (7,416)357,912
Net change in non-cash working
 capital items                            7,964   13,101    (8,366) 12,699
---------------------------------------------------------------------------
                                         72,595  313,798   (15,782)370,611
---------------------------------------------------------------------------

Financing activities
 Dividends on common shares                   -        -   (25,457)(25,457)
 Repayments of capital leases                 -   (3,392)        -  (3,392)
 Payments of non-controlling interests        -  (32,687)        - (32,687)
 Payment of copper price participation
  to ENAMI                                    -   (5,916)        -  (5,916)
 Common shares issued                         -        -     7,009   7,009

 Foreign exchange and other                (141)      80       151      90
---------------------------------------------------------------------------

                                           (141) (41,915)  (18,297)(60,353)
---------------------------------------------------------------------------

Investing activities
 Payment of copper price participation        -        -   (10,000)(10,000)
 Property, plant and equipment          (11,694)  (3,994)  (29,099)(44,787)
 Mineral property development                 -        -   (24,766)(24,766)
 Proceeds on disposal of property,
  plant and equipment                         3        -       539     542
---------------------------------------------------------------------------

                                        (11,691)  (3,994)  (63,326)(79,011)
---------------------------------------------------------------------------
Intersegment distributions to
 corporate                                 (318)(106,919)  107,237       -
---------------------------------------------------------------------------
Increase in cash for the period          60,445  160,970     9,832 231,247
Cash - beginning of period               45,224   37,805   278,234 361,263
---------------------------------------------------------------------------

Cash - end of period                    105,669  198,775   288,066 592,510
---------------------------------------------------------------------------
---------------------------------------------------------------------------

                                                Quebrada
2005                       Louvicourt Andacollo   Blanca Corporate   Total
---------------------------------------------------------------------------
---------------------------------------------------------------------------
                                    $         $        $         $       $
Operating activities
 Net earnings (loss)           11,845    20,186   79,031   (10,298)100,764
 Non-cash items                  (195)   20,951   37,179      (476) 57,459
---------------------------------------------------------------------------
                               11,650    41,137  116,210   (10,774)158,223
 Net change in non-cash
  working capital items         4,768     1,865    1,747    (6,124)  2,256
---------------------------------------------------------------------------

                               16,418    43,002  117,957   (16,898)160,479
---------------------------------------------------------------------------

Financing activities
 Dividends on common shares         -         -        -   (11,773)(11,773)
 Repayments of capital
  leases                            -      (180)  (2,661)        -  (2,841)
 Payments of
  non-controlling interests         -    (3,589)       -         -  (3,589)
 Common shares issued               -         -        -     2,574   2,574
 Foreign exchange and other       266      (140)    (558)      261    (171)
---------------------------------------------------------------------------
                                  266    (3,909)  (3,219)   (8,938)(15,800)
---------------------------------------------------------------------------

Investing activities
 Payment of copper price
  participation                     -         -        -   (10,000)(10,000)
 Property, plant and
  equipment                         -    (3,743)    (455)   (5,670) (9,868)
 Mineral property
  development                       -         -        -    (8,568) (8,568)
 Proceeds on sale of
  marketable securities             -         -        -     2,213   2,213
 Proceeds on disposal of
  property, plant and
  equipment                     1,225         -        -         -   1,225
---------------------------------------------------------------------------

                                1,225    (3,743)    (455)  (22,025)(24,998)
---------------------------------------------------------------------------

Intersegment distributions
 to corporate                 (17,351)   (9,070) (10,392)   36,813       -
---------------------------------------------------------------------------
Increase (decrease) in
 cash for the period              558    26,280  103,891   (11,048)119,681
Cash - beginning of
 period                           461       981   10,988   194,090 206,520
---------------------------------------------------------------------------

Cash - end of period            1,019    27,261  114,879   183,042 326,201
---------------------------------------------------------------------------
---------------------------------------------------------------------------
See accompanying notes to interim consolidated financial statements.

AUR RESOURCES INC.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

For the three and nine month periods ended September 30, 2006 and 2005

(Tabular information in thousands of United States dollars except where otherwise noted)

(Unaudited)

1. Accounting policies

The interim unaudited consolidated financial statements of Aur Resources Inc. ("Aur") have been prepared in accordance with accounting principles generally accepted in Canada using the same accounting policies as those disclosed in note 1 to Aur's audited consolidated financial statements for the year ended December 31, 2005. These interim unaudited consolidated financial statements should be read in conjunction with Aur's audited annual consolidated financial statements included in Aur's Annual Report for the year 2005.


2. Inventories and prepaid expenses

                                                September 30    December 31
                                                        2006           2005
                                                ---------------------------
                                                           $              $
Cathode copper                                         4,456          2,867
In-process inventories                                51,016         43,808
Mine supplies                                         12,518         12,172
Prepaid expenses                                       6,257          4,087
                                                ---------------------------

                                                      74,247         62,934
                                                ---------------------------
                                                ---------------------------


3. Long-term copper inventory and other

                                                September 30    December 31
                                                        2006           2005
                                                ---------------------------
                                                           $              $
Long-term in-process copper inventory                 18,747         18,747
Deferred financing cost                                  881          1,070
Advances to Quebrada Blanca minesite employees         2,125          3,310
                                                ---------------------------

                                                      21,753         23,127
                                                ---------------------------
                                                ---------------------------

4. Copper price participations

Teck Cominco Limited ("Teck Cominco") is entitled to a copper price participation of $10 million for 2006 and $2.5 million quarterly beginning in 2007 to a maximum of $40 million on or before December 31, 2012 if the United States inflation adjusted copper prices exceeds a threshold amount, which was $1.26 per pound at December 31, 2005. Aur paid Teck Cominco $10 million on January 7, 2005 for 2004 and a further $10 million on January 6. 2006 for 2005 and has accrued $10 million for 2006 with a corresponding increase in property plant equipment assets at Quebrada Blanca as the copper price exceeded the threshold amount in 2004 and 2005 and is expected to do so in 2006. Aur's property, plant and equipment assets at Quebrada Blanca are increased by these accruals with amortization commencing once payment to Teck Cominco is made. A maximum of $20 million of future payments for 2006-2012 which depends upon future copper prices remains to be paid to Teck Cominco.

ENAMI is entitled to receive a per pound price participation in copper sales from the Quebrada Blanca Mine equal to 10% of the amount by which the average realized sales price per pound of copper, less transportation and certain related costs, sold by the Mine in any calendar year exceeds a specified inflation adjusted indexed price for such year. The inflation adjusted maximum entitlement to ENAMI for this price participation was estimated at $48.2 million at December 31, 2005, of which $5.9 million was paid on May 8, 2006 as the average realized copper price for 2005 exceeded the inflation adjusted copper price for the year. An additional $25.2 million liability to ENAMI has been accrued at September 30, 2006 as the average realized copper price for 2006 is expected to exceed the inflation adjusted copper price for the year.

5. Senior notes

On March 10, 2003, Aur issued US$125 million of senior unsecured notes (the "Notes") to a number of U.S. insurance companies. The Notes bear interest at 6.75% per annum, require semi-annual interest payments and are repayable at any time in whole or in part, subject to certain specified prepayment premiums based on prevailing interest rates at the time of prepayment.


The scheduled principal repayments are as follows:

                                                September 30    December 31
                                                        2006           2005
                                                ------------    -----------
                                                           $              $
Current portion

 March 2007                                           31,250              -
                                                ------------    -----------
Long term portion
 March 2007                                                -         31,250
 March 2008                                           31,250         31,250
 March 2009                                           31,250         31,250
 March 2010                                           31,250         31,250
                                                ------------    -----------
                                                      93,750        125,000
                                                ------------    -----------
                                                     125,000        125,000
                                                ------------    -----------
                                                ------------    -----------


6. Share capital, earnings per share and stock-based compensation

(a) Issued and outstanding

                                    Three months ended   Three months ended
                                    September 30, 2006   September 30, 2005
                                    ---------------------------------------
                                       Shares   Amount      Shares   Amount
                                    ---------------------------------------
                                      # 000's        $     # 000's        $
Common shares
 Balance - beginning of period         97,362  189,455      95,251  179,962
 Share purchase options exercised         215    1,208         280      881
                                    ---------------------------------------
 Balance - end of period               97,577  190,663      95,531  180,843
                                    ---------------------------------------
                                    ---------------------------------------


(b) Earnings per common share

                                     Three months ended   Nine months ended
                                           September 30        September 30
                                     --------------------------------------
                                           2006    2005       2006     2005
                                     --------------------------------------
                                              $       $          $        $
(i) Basic
Numerator
 Net earnings available to
  shareholders                           84,572  31,018    225,231  100,764
                                     --------------------------------------
Denominator (# 000's)
 Weighted average number of shares       96,845  95,136     96,845   95,136
                                     --------------------------------------
Basic earnings per share                   0.87    0.33       2.33     1.06
                                     --------------------------------------
                                     --------------------------------------

(ii) Diluted
Numerator
Income available to shareholders         84,572  31,018    225,231  100,764
                                     --------------------------------------
Denominator (# 000's)
 Weighted average number of shares       96,845  95,136     96,845   95,136
Potential incremental issuance from
 stock- based compensation                   83     249         83      249
Potential issuance of shares from
 purchase options                           902     705        902      705
                                     --------------------------------------
                                         97,830  96,090     97,830   96,090
                                     --------------------------------------
Diluted earnings per share                 0.86    0.32       2.30     1.05
                                     --------------------------------------
                                     --------------------------------------

(c) Stock-based compensation plans

At September 30, 2006, Aur had one stock-based compensation plan, a common share purchase option plan (the "Plan"), which is described below.

The Plan is for directors, officers and senior management personnel of Aur. Options under the Plan are typically granted in such numbers as reflect the level of responsibility of the particular optionee and his or her contribution to the business and activities of Aur. Options granted under the Plan typically have a five year term and are typically made cumulatively exercisable by the holders thereof as to a proportionate part of the aggregate number of shares subject to the option over a specified term. Except in specified circumstances, options are not assignable and terminate upon the optionee ceasing to be employed by or associated with Aur. The terms of the Plan further provide that the price at which shares may be issued under the Plan cannot be less than the market price of the shares when the relevant options are granted.

Aur's common shares are listed on the Toronto Stock Exchange, trading in Canadian dollars, and the Santiago Stock Exchange, trading in United States dollars. The following table summarizes information regarding Aur's outstanding and exercisable common share purchase options as at September 30, 2006:


                 Outstanding                           Exercisable
--------------------------------------------------------------------
                                      Weighted              Weighted
                                       average               average
Range of                   Weighted   exercise              exercise
exercise                    average      price                 price
prices                       months        per                   per
per share        Shares   remaining      share      Shares     share
--------------------------------------------------------------------
CDN$            # 000's           #       CDN$     # 000's      CDN$
3.30 to 5.90        184          23       4.11         102      4.46
6.11 to 8.05        961          41       6.77         481      6.56
10.40 to 11.21      461          50      11.17         168     11.19
12.63 to 18.41      445          53      15.67         172     16.03
                  -----                              -----
                  2,051                                923
                  -----                              -----
                  -----                              -----

The number of stock options outstanding at September 30, 2006 represents 2.1% of Aur's issued and outstanding common shares.

The following table summarizes information regarding Aur's common share purchase options for the periods ended September 30, 2006:


                                  Three months ended      Nine months ended
                                 ------------------------------------------
                                            Weighted               Weighted
                                             average                average
                                            exercise               exercise
                                               price                  price
                                  Shares   per share     Shares   per share
                                 ------------------------------------------
                                 # 000's        CDN$    # 000's        CDN$

Balance - beginning of period      2,091        8.38      2,876        6.94
 Granted                             175       18.38        445       15.67
 Exercised                          (215)       6.28     (1,270)       5.95
                                  ------                -------

Balance - end of period            2,051        9.45      2,051        9.45
                                  ------                -------
                                  ------                -------

For purposes of stock-based compensation, the fair value of each option was estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants as follows: dividend yield of 0.6% (2005 - 0.9%), expected volatility of 42% (2005 - 42%), risk-free interest rate of 4.7% (2005 - 3.6%) and expected life of 24 months (2005 - 24 months).


7. Interest and other

                                         Three months          Nine months
                                   ended September 30   ended September 30
                                   ----------------------------------------
                                        2006     2005        2006     2005
                                   ----------------------------------------
                                           $        $           $        $
Interest on obligation under
 capital leases                           89      125         300      410
Interest and other income             (8,901)  (2,552)    (18,372)  (6,108)
Interest and financing costs               4       16          13      549
Foreign exchange                         (77)     564        (979)     134
Gain on sale of marketable
 securities                                -        -           -   (1,804)
Gain on disposal of property,
 plant and equipment                     (10)    (377)       (150)    (522)
Miscellaneous                            291       30         433      235
                                   ----------------------------------------

                                      (8,604)  (2,192)    (18,755)  (7,106)
                                   ----------------------------------------
                                   ----------------------------------------


8. Supplementary cash flow information

                                         Three months          Nine months
                                   ended September 30   ended September 30

                                   ----------------------------------------
                                        2006     2005        2006     2005
                                   ----------------------------------------
                                           $        $           $        $
Net change in non-cash working
 capital:
 Receivables                          (2,443)   4,639       2,558      577
 Inventories                          (5,158)  (3,880)    (11,312)  (7,206)
 Accounts payable and accrued
  liabilities                         16,947    7,888      21,453    8,885
                                   ----------------------------------------
                                       9,346    8,647      12,699    2,256
                                   ----------------------------------------
                                   ----------------------------------------
Other information:
 Interest paid                         4,219    4,219       8,438    8,438
 Income, resource and capital
  taxes paid                          16,071      362      53,774   11,487

9. Financial instruments

Fair value of financial instruments

The carrying amount of cash, accounts receivable and current liabilities approximate their fair value due to the short term maturities of these instruments.

Derivatives

In January 2006, Aur entered into monthly forward sales contracts to hedge a portion of the scheduled zinc production from its wholly owned Duck Pond copper-zinc-silver-gold deposit currently under development and thereby protected itself from the risk that falling zinc prices would reduce revenue from zinc sales from its Duck Pond Mine.

Effective January 1, 2006, Aur adopted the Canadian Institute of Chartered Accountants Accounting Guideline 13, "Hedging Relationships", relating to the circumstances in which hedge accounting is appropriate, including the identification, documentation, designation and effectiveness of hedges and the discontinuance of hedge accounting.

Aur formally documents the relationship between the derivative and hedged item. Aur also notes the risk management objective and strategy for using the derivative. This process includes linking all derivatives to specific commitments for forecasted transactions.

Aur will recognize revenue on zinc forward sales contracts when the designated production is delivered to meet the contracted commitment. The average zinc price over the term of each monthly forward contract is used to calculate the revenue from the sale.

Aur's hedging commitments arising from this transaction, which are spread evenly, on a monthly basis, over the period July 2007 through December 2011 and cover approximately 75% of scheduled zinc production during the period, are:


                                          Zinc Forward Sales
                           ------------------------------------------------
Year                       Hedge Tonnage     Average Price    Average Price
                           ------------------------------------------------
                                                   $/tonne             $/lb

2007 (July-December)              12,700             1,857             0.84
2008                              25,900             1,723             0.78
2009                              25,900             1,584             0.72
2010                              25,900             1,479             0.67
2011                              25,900             1,393             0.63
                           ------------------------------------------------

                                 116,300             1,579             0.72
                           ------------------------------------------------
                           ------------------------------------------------

At September 30, 2006, the estimated fair value of Aur's zinc forward sales, based on a forward spot price of $1.02 per pound, was a loss of $77.7 million.

10. Contingency

In 2003, the Chilean Internal Revenue Service (the "IRS") issued to CMQB a notice of reassessment in respect of the deduction of certain components of guarantee fees owed to Aur and claimed as expenses by CMQB. CMQB contested such reassessment and, in August 2005, the Iquique Tax Court rendered a judgement confirming certain elements of the IRS reassessment. As a consequence of the foregoing, the IRS assessed CMQB with taxes of $1.9 million, including interest, penalties and inflation adjustment to such date. CMQB appealed such judgement to the Court of Appeals of Iquique and, in October, 2006, the Court of Appeals annulled such judgement. As a result, CMQB's contestation of the original IRS reassessment will be turned to the Iquique Tax Court for rehearing. It is the opinion of management and CMQB's legal counsel that CMQB's income tax filings with respect to the guarantee fees are correct and that the payment of the guarantee fees should not attract withholding taxes. Should the IRS ultimately be successful in its reassessment, Aur would record a pre-tax charge to earnings equal to its proportionate share of the amount of the reassessment, plus interest, penalties and inflation adjustment to the date of final judgement. At this time, the outcome of the appeal and ultimate resolution of this reassessment cannot be determined and, accordingly, the loss, if any, has not been recorded in the consolidated financial statements.


Contacts:
Aur Resources Inc.
Dr. James W. Gill
President and Chief Executive Officer
(416) 362-2614

Aur Resources Inc.
Mr. Ed Guimaraes
Vice-President and Controller
(416) 362-2614
(416) 367-0427 (FAX)
Website: www.aurresources.com

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