Aurania Resources Ltd. reports that though significant copper mineralization was intersected in the last three boreholes drilled on the Tsenken N2 and N3 targets, no economic grades were encountered. Copper and pathfinder elements increase in grade from Tsenken N2, through N3, towards the northeast, corroborating the vector determined from geological studies of the drill core. Data from the on-going Mobile MT geophysical [...]
Aurania Resources Ltd. announces that its Chairman & CEO, Dr. Keith Barron will present at NobleCon17 - Noble Capital Markets' Seventeenth Annual Investor Conference on Tuesday, January 19, 2021 at 1:30 pm Eastern Standard Time. The conference is virtual, with no cost, obligation or restrictions to attend: www.noblecon17.com. A high-definition, video webcast of the presentation will be available a day or so after the live [...]
Aurania Resources Ltd. announces with great sadness the passing of Independent Director, Dr. Leanne Baker, on December 22, 2020, after she lost her courageous battle with cancer. Dr. Baker had served as a Director of the Company since June 2019 and was a member of Aurania's Audit Committee. Dr. Baker was a valuable sounding-board for Management and her loss will be keenly felt. Our sincere condolences go out to her family [...]
Aurania Resources Ltd. reports that, on December 9, 2020, the Ecuadorian government adopted legislation whereby mineral concession-holders can be compensated for government-related delays in permitting by extending the term of the "Initial Exploration" phase. Mineral concessions in Ecuador are granted for a period of 25 years, provided that they are kept in good standing through annual concession fee payments to the [...]
Aurania Resources Ltd. reports on evidence of ancient roads and peculiar landforms that may be old prospecting or mine sites in the vicinity of the Tiria-Shimpia silver-zinc-lead target area at the Company's Lost Cities - Cutucu Project in southeastern Ecuador. Tiria-Shimpia is developing into one of the larger mineralized areas so far identified in exploration of the Project. Further investigation of the jungle-covered [...]
Aurania Resources Ltd. reports on its preparation for scout drilling at Tsenken N1 - the next on the list of targets to be drill-tested in its Lost Cities - Cutucu Project in southeastern Ecuador. The Tsenken N1 target lies in the Tsenken Central magnetic feature - and will be the second iron oxide copper-gold system to be scout drilled. Dr. Keith Barron, Chairman and CEO of Aurania commented, "While we are completing the [...]
Mobile MT Survey to Commence this Week Aurania Resources Ltd. reports that that no significant copper-gold mineralization was intersected in the first three bore holes drilled on periphery of the Tsenken iron oxide copper-gold system, as expected and discussed during Aurania's conference call held on December 1, 2020 . Results from holes TS-004 and TS-005, which were drilled closer to the expected core of the system, are [...]
Aurania Resources Ltd. is pleased to provide an update of activities, many of which are highlights from the Financial Statements and Management's Discussion and Analysis for the nine months ended September 30, 2020 . These reports are available under Aurania's public filings on SEDAR at www.sedar.com and on the Company's website http://www.aurania.com/investors/regulatory-reports/. Aurania will host an update conference [...]
Aurania Resources Ltd. reports that the iron oxide copper-gold system identified in the Tsenken N2 target area extends to Tsenken N3, where it strengthens and the first copper mineralization has been identified in the drill core at the Company's Lost Cities - Cutucu Project in southeastern Ecuador. Assays from holes TS001-003 are awaited to determine whether there is gold in the system, and pathfinder element [...]
Aurania Resources Ltd. reports that scout drilling at the Tsenken N2 copper target in Ecuador intersected mineral alteration zoning typical of an iron oxide copper-gold system. Management is very encouraged by the strength of the mineral alteration seen in the core of the first three holes drilled, with some sections of core showing almost wholescale replacement of the original rock by iron oxide . On completion of hole [...]
Aurania Resources Ltd. announces that the Company has closed its previously announced overnight marketed public offering of units of the Company , including exercise in full of the over-allotment option . A total of 2,679,500 Units were sold at a price of C$4.30 per Unit for gross proceeds of approximately C$11.5 million. Each Unit is comprised of one common share in the capital of the Company and one-half Common Share [...]
Aurania Resources Ltd. announces that further to its previously announced overnight marketed public offering of units of the Company on September 30, 2020, it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation , as lead underwriter and sole bookrunner, and including Canaccord Genuity Corp., Echelon Wealth Partners Inc., Eight Capital, Haywood Securities [...]
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