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Aurania Resources Ltd V.ARU

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

Aurania Resources Ltd. is a 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 Ecuador. It holds 100% of the Lost Cities - Cutucu project that covers approximately 208,000 hectares (ha) in southeastern Ecuador. It has also applied for mineral concessions in adjacent northern Peru, and for an exploration license in the Brittany Peninsula of northwestern France. Epithermal targets for Gold-Silver include Kuri-Yawi, Tatasham and Kuripan. Intrusive-related copper targets include Tatasham and Awacha. It has discovered a 15-kilometer-long trend in which silver-zinc-lead-barium occurs in the Shimpia target area, which is enclosed by the various Tiria epithermal gold-silver targets.


TSXV:ARU - Post by User

Bullboard Posts
Comment by idleweisson Jan 31, 2020 9:41am
135 Views
Post# 30624899

RE:RE:RE:RE:Dr. B dialing in...

RE:RE:RE:RE:Dr. B dialing in...Well, they have found the road linking the two cities. How difficult is it to find the cities using LIDAR or just following the road? I think that they have found the cities although they don't know how to go about announcing it. Maybe they should just get the gold out of the ground without attracting too much attention to themselves. You don't want to draw too much attention to it. Personally, I don't think they will be able to control the action once they announce that the cities have been found.

As for the copper that have samples over 22 km. No, not one sample and then another after 22km. They have continuous copper over 22km. Boulders - because no drilling has been done but copper nontheless. And the staking in Peru means it is continuous. Unless you want to call KB a liar I don't see how you can dispute that. Yes, I know they have to drill but sedimentary copper is there. Porphyry copper could also be there. Personally, I think that they should stop drilling the epithermal targets and move to copper but keep in mind that this is scout drilling not drilling for resources. It is hard to walk away knowing that there could be a motherlode there. What if someone else comes along and finds it. How will we as shareholders feel then?

As for the price of copper - who the FU*K cares if copper price is crashing right now. You really think that is a factor in discovery. Nada. The best thing KB has done is to look after the Schuar people. They are the ones who will protect the company when other locals come looking for gold. And they are the indigeneous who play such a vital role in Ecuador and its politics. If you are not happy please sell and move on. 
Bullboard Posts