Aurania Discovers Epithermal Target #6 in the Latorre District in Southeastern Ecuador
(PresseBox) - Aurania Resources Ltd. (TSX-V: ARU) (?Aurania? or the ?Company? -https://www.youtube.com/watch?v=loQK2aflD3Q&t=2s) is pleased to report the discovery of a new epithermal zone some eight kilometres south of the ?Crunchy Hill? area (See Press Release dated April 6, 2018).
Aurania?s Chairman and CEO, Dr. Keith Barron commented, ?These hot springs are relicts from the Jurassic era, some 155 million years ago and are long since extinct, but they are not too different from the active gas and steam geothermal vents we are seeing on the nightly news from the Kilauea volcano in Hawaii.
Discovery of Yawi is a very exciting outcome for our Company, and with confidence we can now claim that Latorre is not a collection of isolated occurrences but is an epithermal District.
Yawi Target
Abundant chalcedonic silica blocks from both float and outcrop at Yawi exhibit classic textures characteristic of a sinter environment.raphs of Yawi samples can be found at http://www.aurania.com/school-of-rock/
Technical Disclosure
The technical information contained in this press release has been verified and approved by Jean Paul Pallier, MSc., a EurGeol designated by the European Federation of Geologists.
About Aurania
Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper.
Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter athttps://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.
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Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania?s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as ?believes?, ?anticipates?, ?expects?, ?estimates?, ?may?, ?could?, ?would?, ?will?, or ?plan?. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management?s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, Aurania?s corporate objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation?s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate certain indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in Aurania?s public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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Datum: 31.05.2018 - 09:45 Uhr
Sprache: Deutsch
News-ID 1536686
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