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Aurania Reports That Drilling at Tsenken N1 Provides Evidence of a Link with the Tiria-Shimpia Target
Toronto, Ontario--(Newsfile Corp. - July 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQ...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Aurania Reports That Drilling at Tsenken N1 Provides Evidence of a Link with the Tiria-Shimpia TargetToronto, Ontario--(Newsfile Corp. - July 21, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") reports that review of drill core shows that the fault system which links the Tsenken target with the Tiria-Shimpia target, moved periodically throughout the development of the sedimentary basin, providing a pumping mechanism for metal-bearing fluids that deposited sediment-hosted zinc-silver at Tiria-Shimpia and copper-silver at Tsenken. Further scout drilling at Tsenken N1 is focusing on sediment-hosted copper-silver adjacent to this fault system that extends 45 kilometres from the copper area in the south to the zinc zone in the north in the central part of the Company's Lost Cities - Cutucu Project (\"Project\") in southeastern Ecuador. Professor Gregor Borg, an expert on sediment-hosted copper systems, who has worked both in the Central African Copperbelt and the European Kupferschiefer, recently visited site to review the exploration programs and drill core from Tsenken and Tiria-Shimpia. Professor Borg commented, \"I have not seen many mineralized systems that extend 45 kilometres along a fault system as we see in the central part of Aurania's Lost Cities Project. The change from copper-centric in the Tsenken area to zinc-rich in the Tiria-Shimpia target is consistent metal zoning that is evident in the Kupferschiefer. I came away from my second review of Aurania's sedimentary copper exploration program as convinced as I was on my first visit that the red-bed basin is highly fertile and has very good potential for sediment-hosted copper. We optimized some of the concepts on the basis of the features that we saw in the drill core, and I have encouraged the exploration team to keep drilling.\" Five drill holes have been completed at Tsenken N1 and hole 6 is underway - the objective being to explore the same sedimentary layer in the Tsenken area that contains zinc-silver in the Tiria-Shimpia area as illustrated in Figure 1. Figure 1. Vertical profile illustrating the target concept for the current drill hole, TSN1-006. The target is copper in the same sedimentary unit in the Tsenken area as contains zinc-silver in the Tiria-Shimpia area. This target is brought to relatively shallow...