SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Le coin des prospecteurs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (28804)1/18/2020 11:41:26 PM
From: riversides  Read Replies (1) of 39381
 
et mes ZON à $20-$40,il faut rêver,on vit tous d'espoir,sinon on déprime et pas à peu près,parlant d'espoir,on mentionne ARU ici,je vais entendre en fin juillet pour en acheter,on pourra avoir des spéciaux.

Aurania Resources’ (TSX-V:ARU) flagship asset is the Lost Cities - Cutucu project, found in the Jurassic Metallogenic Belt of the Andes foothills in southeastern Ecuador. The company has carried out stream-sediment reconnaissance on about 40% of the sprawling 208,000-hectare property.

Tracing copper-mineralized boulders over a strike length of 22 km, Aurania's geologists observed the setting to be similar to the “Kupferschiefer” (copper shale) being mined by KGHM in Poland, ie. that copper leached from the sedimentary basin remains in solution because of the oxidized state of the red sandstones (“red-beds”).

Aurania also notes that data from the geophysics survey it flew over the project identified a number of magnetic centers that are interpreted as porphyries or porphyry clusters. If this interpretation is correct, the porphyries represent an additional significant source of copper potentially injected into the red-bed sequence.

Four bore holes have been completed at three epithermal gold targets, and a crew is expected to start drilling a fifth. Aurania recently raised CAD$5.2 million through a warrant exercise.

Price per share $3.95, Market cap $144.6M, o/s 36,600,000

aheadoftheherd.com


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext