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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

Comment by Irreverent_1on Jan 22, 2021 6:26pm
184 Views
Post# 32366111

RE:Lots of patience ...

RE:Lots of patience ...Hopefully not too much longer.  The company has long stated that they wanted to do some more geophysics to better delineate drill targets.  In their latest video, it was vaguely implied that the N1 target may be coincident with a MMT bright spot.  Hitting at N1 would not only be huge in terms of its re-rate on Tsenken, but also in terms of what that suggests for the other targets where MMT is showing discrete features.  This could get very interesting, very quickly.  Hopefully lady luck smiles upon us soon.

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