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Research – Aurania Resources (ARU:CA) – Drilling at Yawi is Off to a Good Start

Natural Resources
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Friday, November 22, 2019

Aurania Resources Ltd. (ARU:CA)

Drilling at Yawi is Off to a Good Start

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.

First drill hole completed at Yawi. Scout drilling at the first hole at Yawi Target A has been completed and samples have been submitted to the laboratory. The second bore hole at Target A is currently being drilled. Recall that four targets have been identified at Yawi and a fifth is being mapped and soil sampled to determine whether it warrants scout drilling.

Refining targets for future drilling. Aurania’s heliborne geophysics program has been completed on the entire project area. The company’s stream sediment sampling program, which has been completed on over 50% of the Lost Cities Project, has…


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This Company Sponored 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.
 

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