- Aurania Resources (ARU) has reported elevated silver-zinc at the Tiria-Shimpia target in the Lost Cities-Cutucu Project in Ecuador
- Within the 2.7 km mineralized zone, a 500 m segment yielded high-grade material with silver up to 73 g/t and zinc up to 49 per cent
- The company is delineating second and third mineralized zones through ongoing channel sampling and follow-up exploration
- Aurania is a mineral exploration company focused on precious metals and copper in South America
- Aurania Resources (ARU) is up by 2.81 per cent and is currently trading at $2.93 per share
Aurania Resources (ARU) has reported elevated silver-zinc at the Tiria-Shimpia target in the Lost Cities-Cutucu Project in Ecuador.
Within the 2.7 km mineralized zone, a 500 m segment yielded high-grade material with silver up to 73 g/t and zinc up to 49 per cent.
The high-grade mineralization is open to the North where there is a gap in outcrop of about 1 km. The mineralized sedimentary layer corresponds closely with silver enrichment in soil and remains open to the South.
Follow-up exploration and ongoing channel sampling is providing key information on surface grade distribution within the 22 km trend along which silver-zinc is located.
There is a second band of elevated silver in soil that suggests a second mineralized layer in the sedimentary strata.
Zinc and silver enrichment continues to the Southern limit of ridge and spur soil sampling, meaning there is potential for the silver-zinc zone to extend further South.
The company has also found a third level of mineralization to the West with the discovery of low-grade outcrop returning up to 2 per cent zinc.
Aurania is a mineral exploration company focused on precious metals and copper in South America.
Aurania Resources (ARU) is up by 2.81 per cent and is currently trading at $2.93 per share as of 9:34 am ET.
