Colombia, Ecuador & Peru Snapshot: Companies with properties to watch
While Colombia, Ecuador and some parts of Peru are less explored than some more established mining jurisdictions, the three countries feature a rich mining history and prospective geology. Below, we showcase eight companies active in South America.
Aris Gold
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Aris Gold’s Marmato project in Colombia. Credit: Aris Gold.
Aris Gold (TSX: ARIS; US-OTC: ALLXF) was formed this year from predecessor company Caldas Gold. In November, Caldas announced the upcoming name change, along with an C$85 million subscription receipt offering and a new board and management team.
The new management with Neil Woodyer as CEO includes team members that played key roles with both Leagold Mining (the company merged with Equinox Gold (TSX: EQX; NYSE: EQX) in March 2020) and Endeavour Mining (TSX: EDV; US-OTC: EDVMF).
Colombia, Ecuador & Peru Snapshot: Companies with interesting assets to watch
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Aurania Resources Inc is on the hunt for gold at its Lost Cities-Cutucu project in Ecuador
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MMT Survey Helps Explorer Identify New Large Target at Ecuador Property
News Update
Streetwise Reports (1/26/21) Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.
In a news release, Toronto-based minerals explorer Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) reported that during the course of conducting a MobileMT (MMT) geophysical survey at its Lost Cities Cutucu Project in southeastern Ecuador, it discovered and identified an extensive new target area situated on the edge of the very large Tsenken Central magnetic feature.
The company noted that the new Tsenken West target area extends 3.5 km westward from Tsenken N1. The firm stated that it is now making final preparations to commence drilling at both Tsenken N1 and Tsenken West.
Home » Internet » Aurania Provides Update on Drilling as Mobile Mt Geophysical Survey Identifies Probable Centre of Tsenken North System
Aurania Provides Update on Drilling as Mobile Mt Geophysical Survey Identifies Probable Centre of Tsenken North System Posted by PublisherInternet Thursday, 21. January 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 that though significant copper mineralization was intersected in the last three boreholes drilled on the Tsenken N2 and N3 targets, no economic grades were encountered. ?Copper and pathfinder elements increase in grade from Tsenken N2, through N3, towards the northeast, corroborating the vector determined from geological studies of the drill core. ?Data from the on-going Mobile MT (?MMT?) geophysical survey have now identified the likely centre of the Tsenken North system located along-trend