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Aurania Resources (ARU.V)
Drilling Activity Expected to Accelerate in the Second Half
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, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Aurania hosts investor call. On July 31, Aurania Resources hosted a conference call for investors to summarize progress-to-date and the outlook. The company’s heliborne geophysics program is 100% complete, while the stream sediment sampling program is over 50% complete. Seventeen epithermal gold and silver targets have been identified, including Crunchy Hill, along with four copper and silver porphyry targets and one “manto” style target for silver, zinc and lead which could be joint ventured at some point.
- Scout drilling at Yawi expected to commence in September. Management expects to begin drilling the first of four targets in...
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 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.