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Bullboard - Stock Discussion Forum Aurania Resources Ltd V.ARU

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

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

Aurania Resources Ltd > Finally encouraging news out of Aurania - shareholder letter
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Post by KlondikeKitten on Jan 08, 2023 11:45am

Finally encouraging news out of Aurania - shareholder letter

Finally some encouraging news out of Aurania - Barron’s 2023 letter to shareholders
 
Aurania is currently drilling the Tatasham target. No analysis data yet, but promising rock samples collected by their field geologists.

Barron is kind of long winded in his message, so let me point you to the last paragraph, which is the really important one:

“At this time, it seems highly probable that we have an epithermal system perched on top of a porphyry. Also, due to the amount of sinter brecciation and disruption we are probably right on top of the vent.”

The share price has doubled in two days after the letter was published.

You can download it here:

https://aurania.com/wp-content/uploads/2023/01/ARU-Letter-to-shareholders-KB-Jan-2023-final.pdf
Comment by GoldenIdle on Jan 09, 2023 2:28pm
Thanks for that KK .. interesting indeed!!