Slide 1: Exploration Update Webcast & Conference Call
Exploration Update Webcast & Conference Call November 26, 2021 Keith Barron, CEO, & Richard Spencer, President
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains or incorporates by reference “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation and applicable U.S. securities laws concerni
Slide 3: Exploration for Gold, Copper & Silver
Exploration for Gold, Copper & Silver Ecuador ▪ 100% interest in the Lost Cities – Cutucú Project (the “Project”) ▪ The Project is 207,764Ha and is located in Cordillera de Cutucú in southeastern Ecuador The Project ▪ 42 mineral exploration concessions ▪ Geological similarities of the Project to tha
Slide 4: Ecuador: An Exploration Hot-Spot
Ecuador: An Exploration Hot-Spot SolGold’s Cascabel Supportive, mining-friendly copper-gold deposit government in place under Codelco’s Pres. Guillermo Lasso Llurimagua copper Colombia porphyry Ecuador Adventus’ gold- copper Curipamba VMS deposit Dundee’s Loma Larga gold- Peru silver deposit Next Sl
Slide 5: Southeastern Ecuador: An Emerging Mineral Belt
Southeastern Ecuador: An Emerging Mineral Belt Ecuador Aurania’s concession block is 207,764Ha San Carlos-Panantza (Tongling–CRCC) Warintza (Solaris) Tarqui (Lumina-BHP) Gamora (Lundin-Newcrest) Mirador Norte (Tongling - CRCC) Mirador (Tongling – CRCC) – copper - in production Fruta del Norte (Lundi
Slide 6: Key Targets in Ecuador
Key Targets in Ecuador Rig 2: Tiria-Shimpia Silver-zinc Tatasham (copper-gold) Rig 1: Tsenken N1 Copper-silver Next Slide Latorre C – Aurania’s large KuriYawi property in Ecuador Gold-silver is 207,764Ha (~0.5M acres) TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 6
Slide 7: Update on the Lost Cities
Update on the Lost Cities Huapula Kilamope TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 7
Slide 8: Tiria-Shimpia Silver-Zinc Target
Tiria-Shimpia Silver-Zinc Target 4 holes completed to date Drill Results: Hole 3: 29m at 3.5g/t silver & 0.6% zinc with 5m @ 10.5g/t silver & 2.5% zinc Hole 4: Results awaited Silver Zinc TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 9: Exploration: Sediment-hosted Mineralization
Exploration: Sediment-hosted Mineralization Prof. Gregor Borg completed his third visit to site in November 2021: • Prof. Borg is a specialist in sediment-hosted copper, zinc and lead • Evaporites, salt and “salt tracks” (collapse breccias) • Evidence of faults moving during sedimentation (talus bre
Slide 10: Sediment-hosted Copper
Sediment-hosted Copper Fragments press into each other – had a cheese- like consistency when the breccia formed adjacent to a fault that was moving during sedimentation Moving faults constitute pumps that move the fluids – some of which “IP” breccia contain metals Irish porter cheese TSXV:ARU OTCQB:
Slide 11: Evaporite as a Source of Sulphur
Evaporite as a Source of Sulphur Layered, gypsum Spotty gypsum (calcium sulphate) growths (calcium – bearing evaporite sulphate) and salt that formed in crystals that would salar. have formed on the Good source of drier edges of the sulphur for metals salar. from fluids to form sulphides. TSN1-008 T
Slide 12: Tracing Evaporite Footprint
Tracing Evaporite Footprint TSN1-007 TSN1-007 TSN1-008 TSN1-006 Anhydrite-gypsum Collapse breccia Collapse breccia Intact salt spots without gypsum with gypsum TSN1-007 TSN1-008 Salt has escaped TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 12
Slide 13: Sediment-hosted Copper-Silver Target: Tsenken
Sediment-hosted Copper-Silver Target: Tsenken West East TSN1- TSN1- TSN1- TSN1- TSN1- TSN1- TSN1- Depth of 007 008 002 001 003 006 009 weathering Lava Tiria-Shimpia seal 1,000m target projected onto this profile 500m Pyrite zone Sea level Copper mineralization target at same position in Pyrite zone
Slide 14: Tatasham Target – Porphyry?
Tatasham Target – Porphyry? Grey is MVI magnetics, colour is MobileMT (warm Profile colours are conductive areas Magnetic body – Conductive Plan porphyry? Profile line Magnetic body coincides with a resistive zone near surface, flanked by a shallow conductive zone to the west, and one with greater d
Slide 15: Awacha Target: Another Porphyry?
Awacha Target: Another Porphyry? Geochemistry & Geophysics Blue is 3D magnetic inversion & pink is 3D conductivity inversion model Target 1 Target 2 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 15
Slide 16: Epithermal Gold-Silver – Latorre C Target
Epithermal Gold-Silver – Latorre C Target Main target area beneath sinter TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 16
Slide 17: Health & Safety: Aurania COVID Stats for 2021
Health & Safety: Aurania COVID Stats for 2021* COVID Infections 2021 7 6 5 4 3 2 1 0 2021-Q1 2021-Q2 2021-Q3 2021-Q4 to Date Total infection rate from onset: 24/44 = 55% *In Ecuador TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 17
Slide 18: Contact
Contact Corporate Office Social Media 36 Toronto Street, Suite 1050 @AuraniaLtd Toronto, ON M5C 2C5, Canada (416) 367-3200 ir@aurania.com @AuraniaLtd Dr. Keith Barron, CEO and Chairman keith@aurania.com Aurania Resources Dr. Richard Spencer, President and Director richard.spencer@aurania.com Tony Wo