Aurania - CEO, Keith Barron.
CEO, Keith Barron.
Source: Neufeld Designs.
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  • Aurania Resources (ARU) has reported elevated silver-zinc at the Tiria-Shimpia target in the Lost Cities-Cutucu Project in Ecuador
  • Within the 2.7 km mineralized zone, a 500 m segment yielded high-grade material with silver up to 73 g/t and zinc up to 49 per cent
  • The company is delineating second and third mineralized zones through ongoing channel sampling and follow-up exploration
  • Aurania is a mineral exploration company focused on precious metals and copper in South America
  • Aurania Resources (ARU) is up by 2.81 per cent and is currently trading at $2.93 per share

Aurania Resources (ARU) has reported elevated silver-zinc at the Tiria-Shimpia target in the Lost Cities-Cutucu Project in Ecuador.

Within the 2.7 km mineralized zone, a 500 m segment yielded high-grade material with silver up to 73 g/t and zinc up to 49 per cent.

The high-grade mineralization is open to the North where there is a gap in outcrop of about 1 km. The mineralized sedimentary layer corresponds closely with silver enrichment in soil and remains open to the South.

Follow-up exploration and ongoing channel sampling is providing key information on surface grade distribution within the 22 km trend along which silver-zinc is located.

There is a second band of elevated silver in soil that suggests a second mineralized layer in the sedimentary strata.

Zinc and silver enrichment continues to the Southern limit of ridge and spur soil sampling, meaning there is potential for the silver-zinc zone to extend further South.

The company has also found a third level of mineralization to the West with the discovery of low-grade outcrop returning up to 2 per cent zinc.

Aurania is a mineral exploration company focused on precious metals and copper in South America.

Aurania Resources (ARU) is up by 2.81 per cent and is currently trading at $2.93 per share as of 9:34 am ET.

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