Movers and SHAKERS
Aurania Resources (AUIAF)(ARU:CA)
Virtual Roadshow Highlights
As of April 24, 2020, Noble Capital Markets research on Aurania Resources is published under ticker symbols (AUIAF and ARU:CA). The price target is in USD and based on ticker symbol AUIAF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target. Aurania Resources Ltd. is a Canada-based junior mining exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities-Cutucu Project, is in southeastern Ecuador in the Province of Morona-Santiago. The company also has several minor projects in Switzerland.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Virtual Roadshow. Noble and Channelchek recently hosted a well-attended virtual roadshow featuring Dr. Keith Barron, Chairman and CEO, and Dr. Richard Spencer, President and Director, of Aurania Resources Ltd. Both provided an update on the company’s progress to date and plans going forward. To date, 28 holes have been drilled, representing 12,018 meters of drilling, among several targets, including the Crunchy Hill and Kuri-Yawi epithermal gold-silver targets, the Tsenken N2/N3 porphyry copper targets, and Tsenken N1 sedimentary-hosted copper-silver target.
Drilling Program. The company has three drill rigs in the field with two currently active. Drilling will continue at the Tsenken N1 target, with a second rig currently drilling the first hole at the Tiria-Shimpia silver-zinc target. Management believes that Tsenken and Tiria-Shimpia may be part of the same mineralized system, extending over 45 kilometers, that gradually changes from copper-dominant ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.