Toronto, Ontario, August 3, 2017 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) announces that a heliborne geophysics survey of the Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador commenced yesterday. “This geophysical survey is a key step toward our objective of discovering mineral deposits in a large tract of exploration concessions that cover the geological extension of a prolific mineral belt in southeastern Ecuador.” said Dr. Keith Barron, CEO of Aurania. “We have recruited a team with considerable experience in the southern part of the cordillera, having had direct involvement in the discovery of the Fruta del Norte gold deposit as well as the San Carlos and Mirador copper deposits, all of which are now in the mine construction phase. We look forward to applying our experience to the northern part of the cordillera and we expect a regular flow of news, now that exploration has started in earnest.”