Aurania Resources Ltd. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement of up to 2,142,857 units of the Company for gross proceeds of up to C$1,500,000, previously announced on February 28, 2022. An aggregate of 410,000 Units were sold in the Final Tranche and 1,586,653 Units were sold [...]
Aurania Resources Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement of up to 2,142,857 units of the Company for gross proceeds of up to C$1,500,000, previously announced on February 28, 2022. An aggregate of 1,586,653 Units were sold under the First Tranche at a price of C$0.70 per Unit, for [...]
Aurania Resources Ltd. announces that it has entered into a US$1,187,500 million loan with Dr. Keith Barron, the Company's Chairman, CEO and largest shareholder , pursuant to a promissory note issued by the Company to the Lender as of the date hereof . In accordance with the terms and conditions of the Note, the Loan is due and payable and shall be [...]
Aurania Resources Ltd. announces that, following an internal review of its projects, target types and potential funding strategies, the Board has approved a corporate strategy that focuses its financial and human resources on the exploration of Aurania's core mineral concessions in Ecuador, specifically, epithermal gold and porphyry copper at the [...]
Aurania Resources Ltd. announces that an important access agreement has been signed with the community of "Kim" at its Lost Cities-Cutucu project in southeastern Ecuador and provides an update on operations. The Company yesterday signed an access agreement with the community of "Kim", in the southern part of the block of concessions. This is the [...]
Aurania Resources Ltd. provides an update on its exploration activities at the Awacha target area at its Lost Cities-Cutucu project in southeastern Ecuador. There appears to be a large porphyry body and possibly others at Awacha. The goal of field work here will be to define the porphyry targets in the area. Awacha is geographically isolated from [...]
Aurania Resources Ltd. announces that Dr. Richard Spencer has resigned from the board of directors and has left the Company and is no longer President effective immediately. The Company thanks Dr. Spencer for his valuable contributions during his tenure as President and Director and wishes him great success in his future endeavors. About Aurania [...]
Aurania Resources Ltd. provides an update on its operations and announces a temporary suspension of most activities at its Lost Cities-Cutucu project in southeastern Ecuador as a result of recent COVID-19 guidelines. There are currently 9 active COVID cases among our personnel and our General Manager is in quarantine because a family member is [...]
Aurania Resources Ltd. reports that drilling from hole 4 at Tiria-Shimpia returned a high-grade intercept of 12% zinc , 5 grams per tonne silver and 61g/t gallium over 2.0 metres. The drill intercept is from a 5.5-kilometre-long area of elevated metal values in soil - one of many such zones in the 22 kilometre-long, 3 kilometre wide, Tiria-Shimpia [...]
Aurania Resources Ltd. reports that drilling successfully intersected the targeted silver-zinc mineralized layer at Tiria-Shimpia in drill hole SH-004 and assays are awaited. Progress is also being made with exploration for sediment-hosted copper at the Tsenken target in the Company's Lost Cities - Cutucu Project area in southeastern Ecuador [...]
Aurania Resources Ltd. reports that soil sampling in the 22 kilometre-long Tiria-Shimpia silver-zinc target have highlighted an area of consistent silver and zinc enrichment in soil over a distance of 2.5 kilometres in the Company's Lost Cities - Cutucu Project area in southeastern Ecuador. Drill platforms are being prepared for holes 4 and 5 to [...]
Aurania Resources Ltd. announces that it has closed its non-brokered private placement of units of the Company , which was conducted alongside the Company's overnight marketed offering that was successfully completed and announced by the Company in a news release that was issued earlier today . A total of 1,256,037 Units were sold in the Private [...]
