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Aurania Finds First Field Evidence of Colonial Spanish Activity at Its Lost Cities Project in Ecuador
Toronto, Ontario--(Newsfile Corp. - November 27, 2019) - Aurania Resources Ltd. (TSXV: ARU) (...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Aurania Finds First Field Evidence of Colonial Spanish Activity at Its Lost Cities Project in EcuadorConference call scheduled for tomorrow at 10:30am ESTToronto, Ontario--(Newsfile Corp. - November 27, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") is pleased to report that vestiges of an old road have been found in the central part of its Lost Cities - Cutucu Project (\"Project\") in southeastern Ecuador. The road was discovered by Aurania's field teams while searching for Sevilla de Oro which was one of two gold mining centres described in historic manuscripts from Ecuador, Peru, Spain and the Vatican. These records describe the Colonial Spanish operating the two gold mines between approximately 1565 and 1606. The road discovered by Aurania's exploration teams is believed to be the one that linked Sevilla de Oro to the other gold mining centre 'Logroño de los Caballeros' as described in the historic manuscripts. Aurania will be hosting a webcasted (audio-only) conference call on November 28th, 2019 at 10:30am Eastern Standard Time followed by a short question and answer period. Dial-in details for the call are listed after the Next Steps section. Aurania's Chairman and CEO, Dr. Keith Barron, commented, \"The historical record names the Treasurers of the \"Caja Reales\" - the Royal Treasuries - in Sevilla and Logroño, so we know that the gold produced was cast into crude ingots for transport to Quito. We always presumed that these ingots would have been transported by horse or donkey along a well-travelled route from the mines. It appears that we have come across one of these trails, though it is cut by more recent landslides at both ends. Our LiDAR survey should pick up the continuations of the trail and its termination at the historical mine sites. We do not anticipate the discovery of any ruined buildings, though the discovery of dressed stone along the trail is perhaps significant and suggests that the Spaniards attempted to build a stone Caja Real as they had done in other locations in Ecuador, but that the dressed stone was dropped on the road along the way.\" The remnants of the old road, which runs north-south along the axis of Aurania's concession block, have been found in thick vegetation over a distance of 2.5 kilometres. It is an engineered road, cut ...