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Research – Aurania Resources (ARU:CA) – Full Speed Ahead

Natural Resources
0 min read

Wednesday, October 23, 2019

Aurania Resources Ltd. (ARU:CA)

Full Speed Ahead

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.

  • Scout drilling at Yawi expected to begin this week.  The current plan is to drill three to four holes between 350 meters and 500 meters in length on each of the four targets at Yawi. Drilling is expected to take between seven and ten days at each target before moving the drill rig between targets which takes about one to three days. Assay results from the first target should be available later in the fourth quarter. Importantly, water permits have been secured for each of the drilling targets at Yawi.
  • LiDAR survey to commence shortly.   VeriDaaS Corporation has received permits necessary to complete a LiDAR (Light Distance and Ranging) survey over the company’s…


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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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