Aurania Resources Ltd. announces that it is undertaking an overnight marketed public offering of units of the Company for gross proceeds of up to CDN$10 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Cantor Fitzgerald Canada Corporation, as lead underwriter and sole bookrunner, and a syndicate of underwriters . The number of Offered Units [...]
Aurania Resources Ltd. reports that while the scout drilling program at the Tsenken N2 copper target is ongoing, other exploration teams have discovered extensions to the areas of silver enrichment in soil previously reported from the Tiria-Shimpia silver-gold target over a cumulative length of 15 kilometres . Tiria-Shimpia is on the short-list for scout drilling when the program at Tsenken has been completed. Dr. Keith [...]
Aurania Resources Ltd. confirms that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Aurania commenced drilling at the Tsenken N2 copper-silver target in southeastern Ecuador as reported in the press release dated September 14, 2020. The Company also announced in a press release dated September 15, 2020, that management is attending [...]
Aurania Resources Ltd. announces that it will be attending the Precious Metals Summit - Beaver Creek conference being held September 15-17, 2020. Management will be meeting with attendees of the conference in a one-on-one setting to provide an update on exploration and drilling activities at the Company's Lost Cities - Cutucu Project in southeastern Ecuador. In addition, Aurania's Chairman and CEO, Dr. Keith Barron will [...]
Aurania Resources Ltd. reports that drilling has commenced on the Tsenken N2 copper-silver target at the Company's Lost Cities - Cutucu Project in southeastern Ecuador. Dr. Keith Barron, Chairman and CEO of Aurania commented, "I'm delighted to report that drilling has started at the Tsenken N2 target. The man-portable rig was airlifted to the first drill platform by helicopter last week and drilling started on Sunday. The [...]
Aurania Resources Ltd. is pleased to provide an update of activities, many of which are key points from the Company's results for the six months ended June 30, 2020, contained in the Financial Statements and Management's Discussion and Analysis dated August 21, 2020. These reports are available under Aurania's public filings on SEDAR at www.sedar.com and on the Company's website [...]
Aurania Resources Ltd. is pleased to report on additional sedimentary-hosted high-grade copper-silver in the Kirus target area in its Lost Cities - Cutucu Project in southeastern Ecuador. Sedimentary-hosted mineralization has now been found over an area of 8km by 3km, with grades of up to 6.1% copper and 51 grams per tonne silver recorded in recent sampling . Dr. Keith Barron, Chairman and CEO of Aurania commented, "While [...]
Aurania Resources Ltd. is pleased to report on extensive, sedimentary-hosted high-grade copper-silver in the Tsenken B target area in its Lost Cities - Cutucu Project in southeastern Ecuador. A summary of targets in the Tsenken area and next steps is provided in Table 1. Dr. Keith Barron, Chairman and CEO of Aurania commented, "We are very encouraged to see the copper-silver in the Tsenken area resolving into specific [...]
Aurania Resources Ltd. is pleased to report that grades of up to 10% copper with 131 grams per tonne silver have been found in a breccia in the Tsenken A target area in its Lost Cities - Cutucu Project in southeastern Ecuador. Tsenken A is located approximately 2 kilometres from the Tsenken N1 target reported on last week . These latest results provide key information about sedimentary-hosted copper-silver at the Tsenken [...]
Aurania Resources Ltd. is pleased to report that grades of up to 7% copper with 55 grams per tonne silver have been found in the Tsenken N1 target area in its Lost Cities - Cutucu Project in southeastern Ecuador. Dr. Keith Barron, Chairman and CEO of Aurania commented, "We're delighted to have found high-grade copper-silver at Tsenken N1 in what appears to be a very large breccia body. This represents a relatively simple [...]
Aurania Resources Ltd. is pleased to report that field teams are operational at its Lost Cities - Cutucu Project in southeastern Ecuador after the partial lifting of COVID-related restrictions. Dr. Keith Barron, Chairman and CEO of Aurania commented, "I would like to thank our staff for implementing a comprehensive back-to-work protocol, and for the close cooperation that there's been with the communities in the Project [...]
Aurania Resources Ltd. is pleased to announce that its shareholders have approved all resolutions at its Annual and Special Meeting which was held on June 10, 2020. At the Meeting, shareholders approved the financial statements for the year-ended December 31, 2019 and the report of the auditors thereon, the appointment of auditors, election of directors and the Company's incentive stock option plan for the upcoming year [...]