Aurania is pleased to report that further stream sediment sampling and geological mapping has increased the number of targets in the Latorre area to five, from the two previously reported. The chemical signature and geological features of these targets are typical of the upper parts of epithermal gold-silver systems. Aurania’s management believes that alluvial gold discovered in stream gravel 2 kilometres from Aurania’s exploration concession boundary has been eroded from the Latorre area.
Aurania is pleased to announce that the Company will be exhibiting at booth number 2905 in the Investors Exchange at PDAC 2018 being held Sunday March 4th – Wednesday March 7th at the Metro Toronto Convention Centre in Toronto, Canada. Members of the Board and Management team will be available to discuss the Company’s Lost Cities -Cutucu Project in Ecuador.
Richard Spencer, president and director at Aurania Resources, explains what’s next for the company’s Lost Cities – Cutucu project. He also shares why he’s excited to be exploring in Ecuador once again.
Aurania wishes to inform shareholders that thirty-two percent of the warrants issued in the May 2017 private placement have been exercised to date, resulting in approximately C$1.6 million net proceeds to the Company. If all warrants are exercised prior to their expiry, currently set in October 2018, total proceeds of approximately C$4.9 million would be raised.
Aurania Resources Ltd.
36 Toronto St, Suite 1050
Phone: (416) 367-3200
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