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Aurania Resources Ltd. (ARU:CA)
Making the Most of a Mineral-Rich Project
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 the price target, fundamental analysis, and rating.
Precious metals exploration. Twenty epithermal targets have been identified. These include four areas at Yawi and six other targets that are being prepared for drilling. The company is applying a unique combination of historical research, field work, data analytics and LiDAR surveys to identify, refine and prioritize drilling targets. Following drilling at Crunchy Hill, Aurania commenced drilling at Yawi in late October.
Drilling at Yawi. The company's plan is to drill one or two bore holes in each of the four targets at Yawi to better pinpoint the core of the system. Drilling of the fourth bore hole at Yawi has...
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*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.