Aurania Resources Ltd : Aurania Reports Elevated Silver-Zinc Has Been Discovered in Outcrop over 2 7 Kilometres at Tiria-Shimpia finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Research Report
Streetwise Reports (5/6/21) Noble Capital Markets commented in a research report that Aurania Resources Ltd. s Lost Cities project is presenting an abundance of drilling targets for a variety of metals and the potential to make multiple discoveries in its large concession package.
In a May 3 research note, Noble Capital Markets Inc. analyst Mark Reichman stated that junior mining company Aurania Resources Ltd. s (ARU:TSX.V; AUIAF:OTCQB) exploration program is providing an abundance of drilling targets for a variety of metals and the potential to make multiple discoveries in its large concession package.
Reichman noted that Aurania Resources management advised in an update late last month that it is operating two drills at its Lost Cities project that are focused on the Kuri-Yawi gold-copper target and the Tsenken N1 copper-silver target. The company noted that it has located two new target areas, including a highly prospective silver-zinc area name
TSX Venture up, April 26-30
The S&P/TSX Venture Composite Index rose 2.56% to finish the trading week at 955.26. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per ounce.
Los Andes Copper jumped $1.72 to $10.00 per share. The company announced that it had received approval from Chile’s Regional Environmental Committee for drilling to start at its Vizcachitas copper-molybdenum project, about 120 km north of Santiago. According to the Canadian miner, the approval covers up to 350 drill holes to be completed over the next four years. The drilling is required to complete a prefeasibility study at Vizcachitas, which is currently underway. The permit also covers further exploration drilling and any other drilling that the project may require as its development advances. The company is moving forward with plans to build a 110,000-tonne-per-day operation, which it believes will be Chile’s next major copper mine.
Home » Internet » Aurania confirms new discovery that extends Tiria-Shimpia to 22 km
Aurania confirms new discovery that extends Tiria-Shimpia to 22 km Posted by PublisherInternet Friday, 30. April 2021
Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (?Aurania? or the ?Company? – https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/) reports on the discovery of Shimpia North, an area in which elevated metal values have been found in streams draining a ridge that is seven kilometres (?km?) long.? Shimpia North is an extension to the high-grade silver-zinc-lead mineralization at Tiria-Shimpia in the Company?s Lost Cities ? Cutucu Project (?Project?) in southeastern Ecuador.? Shimpia North extends the Tiria-Shimpia target from 15 km to a total length of 22 km.?
Aurania Resources Ltd.: Aurania Confirms New Discovery That Extends Tiria-Shimpia to 22 Km
Toronto, Ontario (Newsfile Corp. - April 30, 2021) -
Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ( Aurania or the Company ) reports on the discovery of Shimpia North, an area in which elevated metal values have been found in streams draining a ridge that is seven kilometres ( km ) long. Shimpia North is an extension to the high-grade silver-zinc-lead mineralization at Tiria-Shimpia in the Company s Lost Cities - Cutucu Project ( Project ) in southeastern Ecuador. Shimpia North extends the Tiria-Shimpia target from 15 km to a total length of 22 km.
Outcropping mineralization in the first reconnaissance exploration in this new area gave a grade of 40 grams per tonne ( g/t ) silver in an extensively weathered gossan (iron-rich residue that remains after intense weathering of sulphide-rich rock) and, among other samples, a boulder of barite in a stream returned 19g/t silver,