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:

headshot of Mark Reichman

Mark Reichman, Noble Capital Markets

(5/3/21)
"Aurania Resources Ltd. management indicated that stream sediment sampling and regional exploration had identified two new target areas, including a new area of silver-zinc called Shimpia North. . .Shimpia North is an extension of the high-grade silver-zinc-lead mineralization at Tiria-Shimpia and increases the length of the Tiria-Shimpia target to 22 km from 15 km."

headshot of Christopher Ecclestone

Christopher Ecclestone, Proactive Investors

(4/20/21)
"Aurania Resources Ltd.'s management has long posited that this largely forgotten patch of the vast Amazonian jungle hid the potential for a revival of past gold mining. That thesis is now coming to fruition with not only gold but sizeable copper discoveries that signal the possibility of major new copper mines. . .with major new copper discoveries nearby, the company is now being seen as a play on both gold and copper outcomes, with potential in silver and other base metals (like lead and zinc)."

Noble Capital Markets noted in a research update that "Aurania Resources' exploration program has yielded a plethora of drilling targets for a variety of metals and the potential to make multiple discoveries in its large concession package."
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Bob Moriarty, 321 Gold

(4/14/21)
"The sedimentary silver-copper Aurania Resources Ltd. is sampling now has been followed and tested for 15 km; mineralization has been found in seven different layers of limestone and dolomite. One of the structures shows a true thickness of 50m; a channel sample returned a grade of 2m of 12 g/t Ag and 3.9% Zn."

headshot of Mark Reichman

Mark Reichman, Noble Capital Markets

(4/12/21)
"Based on our forecasted expenditures, Aurania Resources Ltd. is fully funded for the remainder of the year. . .diamond drilling is underway at the Kuri-Yawi target and is testing an epithermal target and a deeper porphyry target down to potentially 1,000m. . .the target at depth is a strong conductor, which may be a sulphide zone."

headshot of Jay Taylor

Jay Taylor, Hotline

(4/9/21)
"Aurania Resources Ltd. announced on April 9 that drilling is progressing on its Kuri-Yawi target in its Lost Cities–Cutucu project. . .the drill hole, inclined at 60 degrees, is still a significant distance away from the mobile magnetotelluric target. However, epithermal-type veining has been encountered in brecciated lava in the upper part of the hole."

headshot of Mark Reichman

Mark Reichman, Noble Capital Markets

(3/2/21)
"Platforms are being prepared for drilling of the Yawi, now called Kuri-Yawi, epithermal gold-silver and copper porphyry targets at Aurania Resources Ltd.'s Lost Cities–Cutucu. Drilling will test an epithermal target and a deeper porphyry target down to 800m. . .drill platforms are being sited in a 4 km segment of the 15 km long Tiria-Shimpia silver-zinc target area."

Aurania Resources also obtains previously generated seismic data of the area covered by its new concessions.
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Aurania Resources reported that it has commenced scout drilling at the Tsenken N1 target at its Lost Cities-Cutucu Project in southeastern Ecuador.
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Aurania Resources intends to drill test two outcrops on the northwestern margin of the Tiria-Shimpia target at Lost Cities–Cutucu.
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Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.
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Aurania Resources hypothesizes that the Colonial Spanish explored for and maybe even mined silver in the area of Lost Cities–Cutucu's Tiria-Shimpia target.
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Aurania Resources aims to identify the sulphide-bearing core of iron oxide copper-gold targets at Lost Cities–Cutucu.
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Aurania Resources' recent exploration efforts and public offering are analyzed in a Noble Capital Markets report.
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Aurania Resources' large land package in Ecuador has never been explored with modern methods.
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More Expert Comments

Experts Following This Company

headshot of Christopher Ecclestone
Christopher Ecclestone, Equities Strategist – Hallgarten & Co., MEDITERRANEAN RESOURCES LTD., Geodex Minerals Ltd.
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Energy
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

Company News

5/4/2021 – Aurania Finds New Epithermal Target: Gold Found in Streams

4/30/2021 – Aurania Confirms New Discovery That Extends Tiria-Shimpia to 22 Km

4/27/2021 – Aurania Provides Quarterly Update and Hosts Conference Call

4/23/2021 – Aurania Intersects Sediment-Hosted Copper at Tsenken N1 in Ecuador

4/12/2021 – Aurania Reports High-Grade Silver-Zinc from Outcrop at Tiria-Shimpia

4/9/2021 – Aurania Reports Progress in Drilling Kuri-Yawi Target in Ecuador

4/7/2021 – Aurania Resources Announces Closing of C$1.25M Private Placement

4/1/2021 – Aurania Resources Announces Closing of C$7.77M Overnight Marketed Public Offering

3/29/2021 – Aurania Resources Announces Filing of Final Short Form Prospectus in Connection with Overnight Marketed Offering

3/18/2021 – Aurania Resources Announces Size and Pricing of Previously Announced Overnight Marketed Offering

3/1/2021 – Aurania Provides Update on Exploration Activities

2/17/2021 – Aurania Granted Its First Concessions in Northern Peru

2/12/2021 – Aurania Resources To Webcast Live At Virtual Investor Conference On February 18, 2021

2/12/2021 – Aurania Commences Drilling at Tsenken N1 Target in Ecuador

2/8/2021 – Aurania Advances Tiria-Shimpia Silver-Gold Target Towards Drilling

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