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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.
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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...
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.