ARU:TSX.V; AUIAF:OTCQB

Aurania Resources Ltd.

Aurania is a mineral exploration company focused on gold and copper deposits in South America. The company's flagship asset, the Lost Cities – Cutucu Project, is in southeastern Ecuador. Multiple targets have been identified to date and include epithermal gold-silver, sedimentary hosted copper, porphyries and silver-zinc-lead mantos.
ARU:TSX.V AUIAF:OTCQB

Expert Comments:

Aurania Resources' large land package in Ecuador has never been explored with modern methods.
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The mineralization alteration intersected at Aurania Resources' Tsenken N2 suggests an iron oxide copper-gold system.
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Mark Reichman, Noble Capital Markets

(11/5/20)
"Drilling commenced on Aurania Resources Ltd.'s Tsenken N2 copper-silver target in September using a portable rig to test both porphyry copper targets as well as sedimentary hosted copper-silver deposits. . .while management initially contemplated Tsenken N2 as a porphyry target, drilling intersected a mineral alteration zone typical of an iron oxide copper-gold system."

Aurania Resources reported that Tiria-Shimpia is becoming another compelling target at Lost Cities–Cutucu.
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Mark Reichman, Noble Capital Markets

(9/28/20)
"Aurania Resources Ltd.'s Tiria-Shimpia is a high-priority epithermal target; soil sampling has defined four main zones of silver that total 15 km in length. Soil sampling at Tiria-Shimpia defined a large mineralized system that covers a 75 sq km area on the margin of a large magnetic feature that is interpreted to be a porphyry cluster. . .targets for scout drilling will be refined based on additional fieldwork and grid soil sampling."

Aurania Resources reported it has commenced drilling operations at its Lost Cities – Cutucu Project located in southeastern Ecuador.
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In advancing the asset, Aurania Resources identified targets, conducted studies for water use permits and sampled the soil.
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Mark Reichman, Noble Capital Markets

(8/24/20)
"Aurania Resources Ltd.'s exploration program has affirmed the rich mineral potential of the Lost Cities project and yielded drilling targets for a variety of metals. With the success of its copper exploration program, we think the upcoming scout drilling program at Tsenken could further attract interest from majors interested in the project's copper potential."

Aurania Resources notes that this target is showing similarities to another more advanced one at the property.
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Mark Reichman, Noble Capital Markets

(8/7/20)
"Aurania Resources Ltd.'s additional sampling of boulders and outcrop at the Kirus target, located roughly 6 km south of Tsenken, revealed sediment-hosted copper and silver in an area measuring 8 km by 3 km with grades of up to 6.1% copper and 51 g/t of silver. This more than doubles the area over which high-grade copper and silver have been found and, akin to Tsenken, may result in the identification of multiple sediment-hosted copper and silver and porphyry copper targets for future drill testing."

The mineralization at Aurania Resources' flagship project is "resolving into specific targets."
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Jay Taylor, Hotline

(7/31/20)
"Aurania Resources Ltd. identified copper and gold targets in the Tsenken area of its Lost Cities project in southeastern Ecuador. A lightweight drill rig is on its way to the property and will be deployed for scout drilling on the Tsenken N2 and N3 targets in the coming weeks."

headshot of Mark Reichman

Mark Reichman, Noble Capital Markets

(7/31/20)
"During the last several weeks Aurania Resources Ltd. has confirmed copper and silver in breccia, sediment-hosted deposits as well as the potential for copper porphyry-style deposits. While the company is a gold-focused explorer, the success of its copper exploration program may be an element of the story that investors underappreciate and could be an important source of value for shareholders."

More Expert Comments

Experts Following This Company

headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Gold
headshot of Mark Reichman
Mark Reichman, Managing Director, Senior Analyst - MLP – Noble Capital Markets
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Large, highly prospective property in Ecuador; never been explored
 
Team has track record of world class gold and copper discoveries in Ecuador, along strike.
 
Multiple targets for gold and copper confirmed to date
catalyst Calendar
Q3
2020
Refine “Tiria” gold-silver targets in Q3 in preparation for drilling
Q3
2020
Prep “Tsenken” copper-silver targets; drilling expected to start in Q3
Q4
2020
Continue sampling at copper-gold targets; conduct heliborne geophysics in Q4