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Aurania Confirms Location of Next Holes to Be Drilled at Tiria-Shimpia Target Based on Positive Soil Sampling Results
Toronto, Ontario--(Newsfile Corp. - October 28, 2021) - Aurania Resources Ltd. (TSXV: ARU) (O...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Aurania Confirms Location of Next Holes to Be Drilled at Tiria-Shimpia Target Based on Positive Soil Sampling ResultsToronto, Ontario--(Newsfile Corp. - October 28, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") reports that soil sampling in the 22 kilometre-long Tiria-Shimpia silver-zinc target have highlighted an area of consistent silver and zinc enrichment in soil over a distance of 2.5 kilometres (\"km\") in the Company's Lost Cities - Cutucu Project area (\"Project\") in southeastern Ecuador. Drill platforms are being prepared for holes 4 and 5 to test for mineralization at a depth of approximately 100 metres (\"m\") below surface. Drilling is planned to start at hole 4 within a week. Details of the Drill TargetsDrill holes 4 and 5 have been sited some 5km from previously drilled holes SH-001 and SH-002 and approximately 7km from hole SH-003. The new holes are designed to test an area in which the soil layer contains the highest silver and zinc grades in the target area (Figure. 1). Silver grades of over one gram per tonne (\"g/t\" or 1,000ppm) extend in soil over at least 1km, while zinc grades of over 800g/t enclose the core of the silver enrichment. Rock-chip samples from outcrop have returned grades of up to 73g/t silver and 49% zinc as reported in the press release dated May 21, 2021. The area being tested with holes 4 and 5 also contains the high-tech metals gallium and indium as reported in the press release dated May 25, 2021.Drill holes 4 and 5 are planned to be inclined towards the southwest to intersect the sedimentary layering that is inclined towards the northeast. Mineralization in outcrop is concentrated at the interface between limestone and sandstone layers. Figure 1 shows where the soil sampling grid has been extended along trend, from which assay results are awaited and will be reported on in due course. The most consistent and intense zinc enrichment in soil extends over a length of 6km in the Tiria West area as shown in Figure 1b. Consideration of drill-testing this area will be given in due course.Chairman and CEO, Dr. Keith Barron commented, \"For the purposes of press releases we need to present the information in an impactful but straightforward manner, but there is much other information \"hiding\" in the data that it is impossible to fully ou...