Aurania Resources Begins Exploration Drilling in Ecuador

Aurania Resources Ltd. has initiated exploration drilling at its Lost Cities Cutucu project in Ecuador. The new drilling program will primarily focus on targets identified through airborne geophysical surveys.

This exploration phase marks a significant development in the company's search efforts, which have covered an extensive area in the Andes. The company acquired the project in March 2017, and it has since been the focus of their exploration activities, including various geological surveys and studies.

The company has completed a comprehensive airborne geophysical survey, with the results assisting in pinpointing potential mineral deposits. Initial analyses suggest epithermal target potential, known for significant copper and gold content.

Aurania Resources has previously completed multiple financing rounds and has been listed on stock exchanges, aiming to develop its mineral resources. The company has also appointed experienced executives with extensive backgrounds in mineral exploration and development in South America.