Aurania Resources reassesses exploration model for Cutucú project

Aurania Resources (TSXV: ARU; OTCQB: AUIAF) has reassessed the exploration model for the discovered copper-silver mineralization on the Lost Cities-Cutucu Project in Ecuador in light of new observations from the field.

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Aurania Resources (TSXV: ARU; OTCQB: AUIAF) has reassessed the exploration model for the discovered copper-silver mineralization on the Lost Cities-Cutucu Project in Ecuador in light of new observations from the field.

“In October of last year our geologists, tasked to carrying out rather routine stream sediment collection, started to bring an extraordinary array of copper-mineralized large boulders and slabs in from the jungle.  Some of these samples were covered in vivid green chrysocolla and malachite, with azurite, cuprite and even native copper as well as more drab chalcocite and tenorite.  At first, we treated these as a curiosity, and believed they were related to the supergene weathering of nearby porphyries.  However, the copper minerals were hosted exclusively in well-bedded siltstone, mudstone, sandstone and shale, particularly in pieces showing abundant carbonaceous plant fragments, and not in porphyry,” Aurania’s CEO, Dr. Keith Barron explained.

Barron clarified it is not the intention of the company to abandon its original exploration ideas in favour of sedimentary copper and silver exploration.  Aurania has currently carried out stream-sediment reconnaissance on circa 40% of the 208,000-hectare Project area and intends to continue this work which so far has been very productive.

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