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Tiria Moves up the List of Aurania's Gold-Silver Target Ranking
Toronto, Ontario--(Newsfile Corp. - February 5, 2020) -  Aurania Resources Ltd. (TSXV: A...
About this update from Aurania Resources Ltd.
[{"type":"text","content":"Tiria Moves up the List of Aurania's Gold-Silver Target RankingToronto, Ontario--(Newsfile Corp. - February 5, 2020) -  Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (\"Aurania\" or the \"Company\") reports that soil sampling has defined compelling epithermal-style targets in the Tiria area of the Company's Lost Cities - Cutucu Project (\"Project\") in southeastern Ecuador. Tiria has moved up the list of epithermal gold-silver targets ranked for drilling, ahead of the Apai target and the Company has applied for the required water permit.Pathfinder elements for epithermal gold-silver mineralization at Tiria are concentrated in four areas that partially enclose a core of silver-zinc-lead mineralization evident over a 13km trend. A maximum grade of 710g/t silver and 48% zinc was obtained from a rock-chip sample 0.5m long in the core area (press releases dated November 29, 2018 and September 9, 2019). Dr. Jeffrey Hedenquist, a consultant with global experience and expertise in epithermal and porphyry systems, visited the Project in early December 2019 and was impressed by the systematic arrangement of the epithermal pathfinder elements around the elongate central, carbonate-hosted area that contains silver-zinc-lead. He highlighted similarities with the deposits in the Cerro de Pasco - Colquijirca district in adjacent Peru and recommended that the targets be advanced as a priority. In addition, field evidence reviewed by Dr. Hedenquist suggests that the level of erosion at Tiria is deeper, and therefore closer to the gold-bearing zone of a typical epithermal system, than at Crunchy Hill and Yawi, which both have features that indicate the preservation of the paleosurface (Figure 1). Details of the Tiria TargetsThe interpreted location of the Tiria targets are illustrated in a generalized model of epithermal systems in Figure 1. Their main characteristics are as follows:Tiria South: new grid-soil sampling shows that epithermal pathfinder elements such as antimony, arsenic, selenium and thallium, are enriched over an area 3km long and 400m wide (Figure 2). The Tiria South target is interpreted to be exposed at the level of antimony enrichment that lies between the land surface as it was at the time of mineralization, and the underlying gold-silver zone in the idealized epithermal target concept illustrated in Figur...