TORONTO, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Aurania Resources Ltd. (TSXV:ARU) (“Aurania”
or the “Company”) reports that coverage was given to the Company in an article by Bloomberg Businessweek, a division of
Bloomberg L.P. (“Bloomberg”). The article follows a four-day visit by a Bloomberg news reporter to the Lost Cities – Cutucu Project
area. The reporter spent this time with Aurania’s exploration crews and management in the field. The field visit was
entirely funded by Bloomberg.
The article is available at https://www.bloomberg.com/news/features/2017-12-20/he-struck-it-rich-in-ecuador-now-he-s-looking-for-the-lost-cities-of-gold.
This article contains forward looking information. Please see “Forward-Looking Statements” below.
About Aurania
Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral
property interests, with a focus on precious metals and copper. 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.
Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.
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Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of
which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future
plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to
occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”,
“could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information
currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks,
uncertainties and other factors involved with forward-looking information could cause actual events, results, performance,
prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward
looking information in this news release includes, but is not limited to, Aurania’s company’s objectives, goals or future plans,
statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced
capital markets profile, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of
operations and estimates of market conditions. Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated
mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the
preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory,
environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other
indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity
markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and
operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development
industry, and those risks set out in Aurania’s public documents filed on SEDAR. Although Aurania believes that the assumptions and
factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed
on such information, which only applies as of the date of this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise, other than as required by law.