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Evidence of Ancient Infrastructure Emerges Near One of Aurania's Key Targets in Ecuador
Toronto, Ontario--(Newsfile Corp. - December 15, 2020) - Aurania Resources Ltd. (TSXV: ARU) (...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Evidence of Ancient Infrastructure Emerges Near One of Aurania's Key Targets in EcuadorToronto, Ontario--(Newsfile Corp. - December 15, 2020) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") reports on evidence of ancient roads and peculiar landforms that may be old prospecting or mine sites in the vicinity of the Tiria-Shimpia silver-zinc-lead target area at the Company's Lost Cities - Cutucu Project (the \"Project\") in southeastern Ecuador. Tiria-Shimpia is developing into one of the larger mineralized areas so far identified in exploration of the Project. Further investigation of the jungle-covered road reported to be visible in LiDAR imagery in the press release of May 8, 2020, supports the concept that it is indeed an engineered structure. Detailed LiDAR profiles (Figure 1) leaves little doubt that the crest of the ridge has been artificially flattened and the drainage so well designed that there has been very little erosion of the road-bed, which is up to 100 metres (\"m\") across in places. Many of the trees growing from the road surface are up to a metre in diameter and are therefore quite ancient. This is referred to as the \"eastern road\". Another, termed the \"western road\" runs along a ridge crest approximately 750m to the west (Figure 1). Both roads are located within the Tiria-Shimpia area where high-grade silver-zinc-lead mineralization has been discovered by Aurania.The ridge crest along which the western road lies, is an area where the soil is enriched in silver, lead, zinc and epithermal pathfinder elements such as antimony. Some of the jungle-covered topographic features near both roads are suspected to be small scale open-pit mine sites, and others may be prospecting pits, and these areas will be investigated further in the coming months. Aurania's Chairman & CEO, Dr. Keith Barron commented, \"We've been intrigued by the accumulation of evidence that Tiria-Shimpia may have been investigated for silver by the Colonial Spanish. Although historic references to mining at the centres of Logroño de Los Caballeros and Sevilla de Oro do not reference silver production, the Colonial Spanish were already familiar with silver-lead-zinc mining at sites like Zacatecas in Mexico, some twenty years before Logroño and Sevilla were founded in Ecuador. The Council...