Aurania Resources Ltd. is pleased to announce its intention to complete a non-brokered private placement financing of up to 7,272,728 units of the Company at a price of C$0.55 per Unit for total gross proceeds to the Company of up to C$4,000,000 . The Company has reserved the right to increase the size of the Offering by up to 25% of the size of [...]
Aurania Resources Ltd. has received preliminary results from ongoing mineral processing, laboratory assay and metallurgical studies conducted by SGS Laboratories Ltd. on a sample of magnetic sand taken from Nonza Beach, Corsica, under independent supervision by Mr. John Rae, P. Geo. of Ontario, Canada. The nickel-bearing mineral in the black [...]
Aurania Resources Ltd. reports that IHC Mining Advisory Services of IHC Mining B.V. were commissioned by the Company to prepare a conceptual desktop study identifying a potential extraction and recovery methodology for the Albo-Nonza black beach sands in Corsica followed by a potential processing solution for extraction of the heavy minerals [...]
Aurania Resources Ltd. reports that further to its news release dated October 3, 2024, Jean-Paul Pallier, P. Geo., VP Exploration of Aurania, and Stefan Ansermet, Geological Consultant to Aurania, have completed first pass sea bottom sampling offshore of the Nonza and Albo Beaches, Cap Corse suggesting that the nickel potential is not confined to [...]
Aurania Resources Ltd. announces the start of the induced polarization geophysical survey at its Kuri-Yawi project in southeastern Ecuador. The survey is being carried out by the geophysics company GexplOre, which has extensive experience developing this technique within the Amazon rainforest. The geophysicists have arrived in the field last week [...]
Aurania Resources Ltd. announces the grant of an aggregate of 415,000 stock options to certain officers and consultants of the Company pursuant to the terms and subject to the conditions of the Company's Stock Option Plan. The Options have an exercise price of C$0.70. 200,000 Options were granted to an officer of the Company and are exercisable for [...]
Aurania Resources Ltd. . Aurania has signed non-binding Memoranda of Understanding with the Communes of Ogliastro and Nonza in Cap Corse, Northern Corsica, France, through Aurania's wholly-owned subsidiary Corsica Ressources S.A. for the exploitation of heavy mineral beach placers that are highly enriched in nickel and other metals. Analysis by [...]
Aurania Resources Ltd. provides an update on the Company's activities and announces that its directors received their quarterly director fees in the form of stock options in lieu of cash for the period ended September 30th. Ecuador At the Company's Kuri-Yawi gold target, preparation is underway for an induced polarization geophysical survey. The [...]
Aurania Resources Ltd. announces that Palamina Corp. has completed the acquisition of 100% of the shares of Aurania's Peruvian Subsidiary, Sociedad Minera Vicus Exploraciones S.A.C. , as anticipated in the press release dated June 10, 2024. Aurania received 350,000 common shares of Palamina Corp. and was granted a 1% Net Smelter Return royalty as [...]
Aurania Resources Ltd. announces that further to its news releases dated March 28, 2024, and July 2, 2024, the Company wishes to clarify certain terms relating to the grant of options to directors in lieu of cash fees. Certain Directors of the Company have agreed to receive their quarterly director fees for 2024 in the form of stock options in lieu [...]
Aurania Resources Ltd. announces that visible gold has been found in the area of the Company's Crunchy Hill target in southeastern Ecuador. The gold, as shown in figures 1 and 2 below, was found during basic prospecting by one of Aurania's reconnaissance exploration geologists. The source of this gold needs to be confirmed through further [...]
Aurania Resources Ltd. announces the grant of 2,154,000 stock options to directors, officers, employees and consultants pursuant to the terms and subject to the conditions of the Company's Incentive Stock Option Plan. As previously announced on March 28, 2024, the Directors of the Company agreed to receive their quarterly director fees for 2024 in [...]
