Bullboard - Stock Discussion Forum Aurania Resources Ltd AUIWF

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

Metals & Mining Industrial Metals & Minerals

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... see more

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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

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