Business
Metron to Assist Aurania in the Search for the Lost Cities in Ecuador
Toronto, Ontario--(Newsfile Corp. - July 3, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Metron to Assist Aurania in the Search for the Lost Cities in EcuadorToronto, Ontario--(Newsfile Corp. - July 3, 2019) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") is pleased to announce that Metron Incorporated (\"Metron\") of Reston, Virginia, USA has joined the Lost Cities - Cutucu Project (\"Project\") team. Metron will provide data analytic and statistical analysis services to Aurania to help refine its search for the gold mining centres, Logroño de los Caballeros and Sevilla del Oro. These were major gold mines operated by the Spanish in Colonial times. Based on historical records, Aurania believes these mines are located within its large, 2,080 square kilometre Project in southeastern Ecuador. Metron has 35 years of experience in Bayesian Search Theory and has developed sophisticated computer algorithms to generate probability maps that identify specific targets even in cases where the data is ambiguous and contradictory. Metron is an established scientific consulting company with a long history of solving very difficult problems. Earlier in his career, Metron Chief Scientist, Dr. Lawrence D. Stone, was part of the team that located the lost nuclear submarine USS SCORPION. He later led the Metron technical team that generated probability maps that led to the discovery of the SS CENTRAL AMERICA: the fabled \"Ship of Gold\" that went down in the Atlantic during an 1857 hurricane carrying 21 tons of California gold. The CENTRAL AMERICA discovery was based largely on the use of historical documentation. In a recent success, Metron's probability maps led searchers to the location of the black boxes of Air France flight 447 on the Atlantic seafloor. Aurania's Chairman and CEO, Dr. Keith Barron, commented, \"The plan is that Metron will work with Aurania on a wide range of information, including an extensive archive of historical data and ancient maps culled from international sources over a decade by Professor Octavio Latorre and I, integrated with topographic data, geological information, exploration results, geophysics and satellite imagery. Aurania's Project area will be divided up into geographic cells, each of which will be assigned a probability ranking based on the combination of the available data. Cells with the highest probability ranking will be prioritized for ...