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Aurania to Commence LiDAR Survey over the Lost Cities - Cutucu Project in Ecuador
Toronto, Ontario--(Newsfile Corp. - October 21, 2019) - Aurania Resources Ltd. (TSXV: ARU) (O...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Aurania to Commence LiDAR Survey over the Lost Cities - Cutucu Project in EcuadorToronto, Ontario--(Newsfile Corp. - October 21, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") is pleased to report that VeriDaaS Corp. of Denver Colorado, USA, which has been contracted to complete a LiDAR (\"Light Distance And Ranging\") survey over the Company's 208,000 hectare flagship Lost Cities-Cutucu Project area (\"the Project\"), has received the permits required to commence the survey. The aircraft equipped with the LiDAR device has arrived in Ecuador and the survey is expected to start within the next few days, and to be completed in about a month.Aurania's Chairman and CEO, Dr. Keith Barron commented, \"We're delighted to report that the permit for the survey has been issued and we're extremely grateful to the authorities in Ecuador for their prompt attention to this matter.\"LiDAR surveyThe rationale for undertaking the survey is as follows:To detect vestiges of infrastructure that point to the location of the two \"Lost Cities\" of Logroño de los Caballeros and Sevilla del Oro; To detect quartz veins and alteration in epithermal gold-silver systems that could be rapidly advanced towards scout drilling; andTo show the extent of the sedimentary layers in which sediment-hosted copper and silver has been discovered. Dr. Barron continued, \"The LiDAR survey should detect old roads, rock dumps, trenches, pits and water canals that were constructed by the Spaniards in the age of the Conquistadors. Since buildings were almost certainly made of thatch, wattle and daub, or logs, these would have perished, along with the wooden palisade forts mentioned in the colonial records. In 2003, Aurelian Resources staff discovered trenches, a horizontal mine adit and a road with a 2-metre diameter tree growing out of it, in an area in the southern part of the Cordillera del Condor. The trenches contained abundant stone axes, used for mining. Presumably mine workings in the Cutucu would be similarly recognizable\". The gold mines of Logroño and Sevilla are suspected to have been developed on skarn deposits like Nambija, the \"Lost City\" that was rediscovered in southeastern Ecuador in 1981, or \"bonanza-grade\" epithermal gold-silver deposits like Fruta del Norte. It is possible that detaile...