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Bullboard - Stock Discussion Forum Aurania Resources Ltd V.ARU.WT.B


Primary Symbol: V.ARU Alternate Symbol(s):  AUIAF | AUIWF

Aurania Resources Ltd. is a Canada-based mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities-Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes-mountain range of southeastern... see more

TSXV:ARU - Post Discussion

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Post by GoldFisher22 on Dec 08, 2021 1:10pm

News !

(“Aurania” or the “Company”) reports that drilling from hole 4 at Tiria-Shimpia returned a high-grade intercept of 12% zinc (approximately 273 pounds per metric tonne), 5 grams per tonne (“g/t”) silver and 61g/t gallium over 2.0 metres.

https://www.aurania.com/aurania-reports-high-grade-drill-intercept-of-12-zinc-61g-t-gallium/

I topped up today. Wish I had more cash to spare.

Not Advice. Please DYODD.

Good Luck all holders !
Comment by IfIOnlyKnew on Dec 08, 2021 5:22pm
Maybe it's a good thing that you don't have more money! It looks like the market doesn't like the results !
Comment by IfIOnlyKnew on Dec 08, 2021 5:34pm
I think the problem lies in that phrase the sulphide minerals have been weathered, indicating that deeper drilling would be required to intersect unweathered sulphide mineralization. More drilling is required 
Comment by GoldFisher22 on Dec 08, 2021 8:34pm
Yeah, step-out holes should be very informative. As for today's trading, time will tell where the bottom was !
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