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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.

Expert Comments:

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

"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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Mark Reichman, Noble Capital Markets

"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."

Jay Taylor, Hotline

"Grades of up to 10% copper with 131 g/t silver have been found in a breccia in Aurania Resources Ltd.'s Tsenken A target area of its Lost Cities–Cutucu project. . .these latest results provide key information about sediment-hosted copper-silver at the Tsenken A target."

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Mark Reichman, Noble Capital Markets

"Aurania Resources Ltd. reported that grades of up to 7% copper with 55 g/t silver have been discovered in a large breccia body at the Tsenken N1 target. Drilling is expected to commence at the Tsenken N2 and N3 targets prior to Q3/20E, and the N1 target will be drilled immediately thereafter."

Mark Reichman, Noble Capital Markets

"Aurania Resources Ltd.'s exploration program has already revealed the rich mineral potential of the Lost Cities project and yielded ample drilling targets. With teams returning to the field, we believe the company is well positioned to accelerate its efforts."

Mark Reichman, Noble Capital Markets

"Images from a recent LiDAR survey of Lost Cities–Cutucu revealed a potential historic road that is up to 60m wide in the central part of the project and is thought to have been constructed during the Colonial Spanish period. . .LiDAR imagery also identified a vein system that coincides with areas containing silver in soil samples from the Tiria South epithermal gold and silver target."

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 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
Refine “Tiria” gold-silver targets in Q3 in preparation for drilling
Prep “Tsenken” copper-silver targets; drilling expected to start in Q3
Continue sampling at copper-gold targets; conduct heliborne geophysics in Q4