Aurania Resources Ltd. · TSXV:ARU

Aurania Resources — Investor Presentation (January 2023)

28 slides from Aurania Resources's investor presentation, January 2023

  1. Slide 1: Exploring Mineral Systems in Ecuador: Gold, Copper & Silver

    Exploring Mineral Systems in Ecuador: Gold, Copper & Silver January 2023

  2. 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

  3. Slide 3: Ecuador: An Exploration Hot-Spot

    Ecuador: An Exploration Hot-Spot SolGold’s Cascabel Mining-friendly government in place copper-gold deposit Codelco’s Llurimagua copper Colombia porphyry Ecuador Adventus’ gold- copper Curipamba VMS deposit Dundee’s Loma Larga gold- Peru silver deposit Next Slide Lumina’s Cangrejos gold deposit TSXV

  4. Slide 4: 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 Gold-Newcrest) Mirador Norte (Tongling - CRCC) Mirador (Tongling – CRCC) – copper - in production Fruta del Norte (

  5. Slide 5: TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q

    TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q

  6. Slide 6: Looking at Boxes of Visible Gold!

    Looking at 12 Boxes of Visible Gold! Aurelian Resources: Fruta del Norte Discovery, 2006 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q

  7. Slide 7: Fruta del Norte

    Fruta del Norte TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 7

  8. Slide 8: Lundin Gold's FDN Deposit in Ecuador

    Lundin Gold's FDN Deposit in Ecuador TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 8

  9. Slide 9: Set to Capture Value through Discovery

    Set to Capture Value through Discovery Set to Capture Value through Discovery Lassonde Exploration Project Value Curve Aurelian’s share price performance through discovery of the Fruta del Norte gold deposit 14x 12x 10x Project Value 8x 6x 4x 2x 0 Exploration Engineering Mining Aurania has the poten

  10. Slide 10: Mineralized Systems & Targets in Ecuador

    Mineralized Systems & Targets in Ecuador Aurania’s large property is 207,764Ha (~0.5M acres) Awacha porphyry Tiria-Shimpia Tatasham Sediment-hosted porphyry silver-zinc Tsenken N1 Sediment-hosted copper-silver Kuri-Yawi Kuripan Latorre C Epithermal Gold-silver TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 10

  11. Slide 11: Tatasham Drilling Campaign

    Tatasham Drilling Campaign TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 11

  12. Slide 12: Tatasham: Sinter Found at Surface

    Tatasham: Sinter Found at Surface • Two holes drilled at Tatasham; two more planned • Geological evidence of an epithermal gold-silver system – we do not know whether it is mineralized • Porphyry could be below at unknown depth Laminated sinter, brecciated and healed by epithermal banded chalcedonic

  13. Slide 13: Well-known Epithermal Deposits

    Well-known Epithermal Deposits Waldemar Lindgren, 1922 “epithermal” = Over, above (think “epidermis”, outer layer of the skin) Well-known epithermal deposits plotted against depth in metres below the paleosurface TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 13

  14. Slide 14: Sinter from Yellowstone National Park

    Sinter from Yellowstone National Park These are examples of sinter from Yellowstone National Park. If you find them they ALWAYS identify geothermal activity AND where the old “paleosurface” was. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 14

  15. Slide 15: Vertical Exposure of Sinter Found at Tatasham

    Vertical Exposure of Sinter Found at Tatasham TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 15

  16. Slide 16: Breccia from Tatasham

    Breccia from Tatasham This is an example of breccia from Tatasham. Why is it important? Think of it as the hot spring system “clearing its throat” from time to time with a steam or gas eruption. Breccias identify where the old vent system was and the gold-silver zone should be more or less directly

  17. Slide 17: Tatasham magnetic signature at 300 metres depth

    Tatasham magnetic signature as it would look like if you were recording 300 metres below the surface. Classic “doughnut” shape with a magnetic low and resistivity high in the centre. It might look like a meteorite impact crater, but it’s a buried porphyry system. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 1

  18. Slide 18: Tatasham Resistivity High

    Tatasham Resistivity High TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 18

  19. Slide 19: Ertsberg Mine = "Ore Mt" 3km from Grasberg Porphyry

    Ertsberg Mine = “Ore Mt” 3km from Grasberg Porphyry TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 19

  20. Slide 20: Awacha Porphyry Target – QSP Alteration

    Awacha Porphyry Target – QSP Alteration Top of a porphyry body, confirmed by geophysics TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 20

  21. Slide 21: Awacha – Conductivity Images

    Awacha – Conductivity Images Left: MobileMT conductivity image of Awacha with molybdenum stream sediment results superimposed. Right: MobileMT conductivity image of Awacha with copper stream sediment results superimposed. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 21

  22. Slide 22: Awacha Compared to Global Porphyry Systems

    Awacha Compared to Global Porphyry Systems TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 22

  23. Slide 23: Our Local Stakeholders in Ecuador – the Shuar

    Our Local Stakeholders in Ecuador – the Shuar TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 23

  24. Slide 24: Board

    Board Keith Barron, PhD  Exploration geologist with over 38 years experience in the mining sector CEO & Chairman  Co-founded Ecuador gold explorer Aurelian Resources Inc., which made the Fruta del Norte (FDN) gold discovery in 2006; FDN currently being mined by Lundin Gold Inc.  Economic Geologis

  25. Slide 25: What's the Bottom Line Here? True Potential for Something World Class.

    What’s the Bottom Line Here? True Potential for Something World Class. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 25

  26. Slide 26: Capital Structure

    Capital Structure Capitalization TSXV:ARU; OTCQB: AUIAF; FRANKFURT: 20Q Share Price (C$) 0.75* Basic Shares Outstanding 58.2M Warrants 14.6M 37% 49% Options 4.4M RSUs* 142,200 9% 5% Fully Diluted 77.4M Board & Management Swedish Shareholders Market Capitalization (basic C$) 43.7M Ecuadorian Sharehol

  27. Slide 27: Summary

    Summary  The Lost Cities Project is located in Cordillera de Cutucú in southeastern Ecuador – an exploration hotspot; large, contiguous land package  Project has the same geology as the Cordillera del Cóndor in the south, which hosts major gold and copper deposits  The Ecuadorian government suppo

  28. Slide 28: Contact

    Contact Corporate Office Social Media 8 King Street East, Suite 1800 @AuraniaLtd Toronto, ON M5C 1B5, Canada (416) 367-3200 ir@aurania.com @AuraniaLtd Dr. Keith Barron, President, CEO and Chairman keith@aurania.com Aurania Resources Francisco Freyre, Chief Financial Officer paco.freyre@wdnumeric.ca

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