Aurania identifies areas of metal enrichment that refine the epithermal target at Yawi

ID: 1542519
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(PresseBox) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (?Aurania? or the ?Company? - http://www.commodity-tv.net/c/search_adv/?v=298509) reports that ridge and spur soil sampling has identified extensive and coherent areas of elevated silver and other pathfinder elements at the Yawi target in its Lost Cities ? Cutucu Project (the ?Project?) in Ecuador.

Soil Geochemistry Results

Ridge and spur soil sampling has defined two distinct areas of metal enrichment that are roughly perpendicular to the slope of the topography (Figure 1).

Sinter Textures & Telescoping

The Yawi target has some of the clearest sinter textures found in the Project area to date.

Sinter, or silica platforms formed in geyser fields, are located at a similar altitude as the lower area of metal enrichment in soil at Yawi.y be superimposed ? for instance, the volatile-rich upper part of the sinter-related zone may be overprinted on, or juxtaposed to, the precious-metal zone of the earlier and higher-level system.

Next Steps

Detailed field mapping is underway while the ridge and spur soil sampling is being completed.

Sample Analysis & QAQC

Approximately one kilogram of material was collected from the iron-rich ?B? horizon of the soil profile at each sample point (black dots on Figure 1).

A certified standard pulp sample, alternating with a field blank, was inserted approximately every twentieth sample.

Qualified Person

The technical information contained in this news release has been verified and approved by Jean-Paul Pallier, MSc.

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-.



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release may contain 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 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 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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Date: 10/12/2018 - 02:06
Language: English
News-ID 1542519
Character count: 8560
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