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Aurania Resources (ARU.V)
Aurania Resources Ltd. is a 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 project includes 42 mineral exploration concessions encompassing an area of approximately 208,000 hectares, or 2,080 square kilometers. The company’s common shares are traded on the TSX Venture Exchange under the symbol “ARU”, the OTCQB Venture Market under the symbol “AUIAF” and on the Frankfurt Exchange under the symbol “20Q”.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Scout drilling to begin in mid-September. Aurania Resources recently provided an update on its planned drilling program at Yawi, where four of its seventeen gold and silver targets are located within the Lost Cities project area. Management expects all permits, including scout drilling and water permits, to be in place for drilling to begin on the first of the Yawi targets in mid-September 2019.
- Growing list of gold and silver targets. The most recent addition to the target list is “Apai”, an epithermal target located near the southern boundary of the project. Aurania recently engaged Metron, Incorporated to...
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.