Aurania Resources 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.
Aurania reports up to 9% copper with 185 grams per tonne (“g/t”) 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 (“Project”) in southeastern Ecuador.
We tag along as Santa visits Tumpaim’s Shuar indigenous community living in Ecuador’s Cutucu mountain range. This event was hosted by Aurania’s Ecuadorian subsidiary EcuaSolidus S.A.
Aurania 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 reports that gold and pathfinder elements typical of epithermal systems have been detected in stream sediments from an area about 5 kilometres long in the Tinchi target in the Company’s Lost Cities Cutucu project in southeastern Ecuador. The Tinchi target lies along trend of the Kirus area in which high-grade copper has been discovered (see news release dated November 1, 2018).
Aurania’s CEO, Dr. Keith Barron is interviewed by Mr. Jochen Staiger, of Swiss Resource Capital during the International Precious Metals conference in Munich, Germany. Dr. Barron discusses the Company’s recent high-grade copper results and how exploration results to date indicate that the Cutucu region could be a multi-mineral belt similar to the adjacent Cordillera de Condor that contains large gold, copper-gold and copper deposits.
Aurania announces that Dr. Keith Barron will provide an overview and progress update on the Company’s Lost Cities – Cutucu Project in Ecuador to audiences in New York and at Mines and Money London during November 2018.
Dr. Keith Barron, CEO of Aurania Resources, Ltd. (OTCQB: AUIAF) visits the OTCQB Podcast Series “Market Center” to provide an update on the company’s mining exploration in southeastern Ecuador.
Aurania’s CEO Dr. Keith Barron takes us on a tour of some special treasures our exploration geologists have discovered in the jungles of Ecuador.
Toronto, Ontario, November 1, 2018 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (“Aurania” or the “Company”) reports copper grades of 4% to 7% from grab samples of rock taken during reconnaissance exploration of the Kirus and the Tsenken targets, adding to the high-grade copper recently reported from the Jempe target in the Company’s Lost Cities – Cutucu Project (“Project”) in Ecuador. Silver grades are also high, ranging from 20 to 79 grams per tonne (“g/t”) in these samples.
