Aurania Resources Ltd. reports that it has completed its scout drilling campaign at Crunchy Hill and has received all assays and results of detailed studies of alteration minerals in the drill core. The exploration model developed from these data suggests that the scout drilling at Crunchy Hill intersected the very upper part of an epithermal system. Dr. Keith Barron, Chairman and CEO commented, "I'm encouraged by the [...]
Aurania Resources Ltd. announces the Company's proposed slate of directors for the 2019 Annual and Special Meeting of shareholders being held on June 20, 2019. The new Board of Directors will consist of five directors, including two new nominees for election, Mr. Warren Gilman and Mr. Jonathan H. Kagan. Mr. Warren Gilman Mr. Warren Gilman is a mining engineer by training. He is the Founder, Chairman and CEO of Hong [...]
Aurania Resources Ltd. announces that the Company has reassessed the exploration model for the discovered copper-silver mineralization on the Lost Cities-Cutucu Project in Ecuador in light of new observations from the field. The sedimentary-hosted copper-silver mineralization found to date by Aurania is regional in nature and stratigraphically confined to key horizons of carbon-bearing sediments that have been verified in [...]
Aurania Resources Ltd. reports that its first scout drilling program at Crunchy Hill in its Lost Cities - Cutucu Project in Ecuador is nearing completion. Drilling confirmed indications of an epithermal gold-silver system and epithermal-related alteration and sulphides are present in the core; however, no significant vein systems have been intersected as yet. Aurania's President Dr. Richard Spencer commented, "Textures [...]
Aurania Resources Ltd. is pleased to announce the appointment of Mr. Tony Wood as Chief Financial Officer and the entering into of a loan agreement with Dr. Keith Barron. Appointment of CFO Aurania's Chairman and CEO, Dr. Keith Barron commented, "Tony Wood has extensive experience in the resource sector and a proven record of success in guiding mineral exploration companies through the various stages of evolution from [...]
Sixth Hole Being Drilled at Crunchy Hill Aurania Resources Ltd. reports that high-grade copper and silver have been found over an area measuring 6 kilometres by 3km in the Kirus target area in the Lost Cities - Cutucu Project in southeastern Ecuador. Samples from boulders in streams contain up to 12% copper with 166 grams per tonne silver. Follow-up exploration of these streams has led to the discovery of outcrop with [...]
Fifth Hole Being Drilled at Crunchy Hill Aurania Resources Ltd. reports the Tsenken target in the Lost Cities - Cutucu Project in southeastern Ecuador has been enlarged by 6 kilometres ; high-grade copper and silver has now been found over a 9km long trend. Recent grab samples from boulders in streams contain up to 7% copper with 70 grams per tonne silver. Follow-up exploration of these streams has led to the discovery of [...]
Aurania Resources Ltd. is pleased to announce that it has completed its previously announced rights offering , which expired at 5:00 p.m. EST on March 6, 2019. The Rights Offering raised $5,254,666.69 in gross proceeds. Aurania offered rights to purchase common shares of the Company to eligible shareholders of record, at the close of business on the record date of February 4, 2019, on the basis of one Right for each [...]
Update on Scout Drilling in Ecuador Aurania Resources Ltd. is pleased to announce that it will be attending the PDAC 2019 International Convention being held March 3rd - March 6th at the Metro Toronto Convention Centre in Toronto, Canada. A list of events in which the Company will be participating in, is listed below. The Company is also pleased to provide an update on its initial scout drilling program in southeastern [...]
CEO, Keith Barron Committed to Backstop up to $4million Aurania Resources Ltd. is pleased to announce that it will be undertaking a rights offering to raise up to $6.35 million. The Company is offering rights to purchase common shares to eligible shareholders of record, at the close of business on the record date of February 4, 2019, on the basis of one right for each common share held . Basic Subscription For every [...]
Aurania Resources Ltd. reports up to 9% copper with 185 grams per tonne silver - from grab samples of rock in streams draining a doughnut-shaped magnetic feature identified as the "Tsenken-A" porphyry target in magnetic data from the Lost Cities - Cutucu Project in southeastern Ecuador. Aurania's Chairman and CEO, Dr. Keith Barron commented, "The significance of these high-grade copper results is that they suggest that [...]
Aurania Resources Ltd. reports that its exploration teams have discovered silver-lead-zinc mineralization in grab samples that run as high as 325 g/t silver, 48% zinc, and 39% lead, discovered between the new Tiria epithermal gold-silver target and the Jempe copper porphyry zone in its Lost Cities - Cutucu Project in Ecuador. Aurania's Chairman and CEO, Dr. Keith Barron commented, "A few days ago, we announced that we are [...]
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