Aurania Resources Ltd. · TSXV:ARU

Aurania Resources — Investor Presentation (September 2021)

25 slides from Aurania Resources's investor presentation, September 2021

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

    Exploring Mineral Systems in Ecuador & Peru: Gold, Copper & Silver September 2021

  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: Gold, Silver and Copper Exploration

    Gold, Silver and Copper Exploration Proven Management Aggressive Drill Targets Analogous to Significant Insider Team Campaign Major Deposits Ownership • Management is responsible for • Scout drilling planned on • Gold-silver targets, • Management & Board are 69% (18Moz) of the total 24Moz multiple g

  4. Slide 4: Project Value: Set to Capture Value through Discovery

    Set to Capture Value through Discovery Solgold’s share price performance over 5 yrs p50 p40 p30 Lassonde Exploration Project Value Curve p20 14x Release of p10 12x resources p0 Project Value 10x 8x Aurelian’s share price performance through 6x discovery of the Fruta del Norte gold deposit 4x 2x 0 Ex

  5. Slide 5: Ecuador: An Exploration Hot-Spot

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

  6. Slide 6: Southeastern Ecuador: An Emerging Mineral Belt

    Southeastern Ecuador: An Emerging Mineral Belt Ecuador Aurania’s concession block 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 (Lundin)

  7. Slide 7: Board

    Board  Exploration geologist with over 36 years experience in the mining sector Keith Barron, PhD  Co-founded Ecuador gold explorer Aurelian Resources Inc., which made the Fruta del CEO & Chairman Norte (FDN) gold discovery in 2006; FDN currently being mined by Lundin Gold Inc.  PhD geologist wit

  8. Slide 8: Management

    Management Aurania Resources Ltd. Tony Wood, B.Sc.  Tony is based in Vancouver, Canada. He is a qualified Chartered Accountant in Canada and the CFO UK. His executive experience includes oversight of finance and operations, strategic planning and organizational development of various publicly-trade

  9. Slide 9: Exploration Draws on Diverse Data Sets

    Exploration Draws on Diverse Data Sets Discovery often results from subtle features evident in multiple sources of data TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 9

  10. Slide 10: Multiple Drill-Ready Targets

    Multiple Drill-Ready Targets Advanced exploration has led to the identification of multiple targets for gold, copper & silver in Aurania’s Lost Cities – Cutucu Project Gold Silver Copper Target types: • Epithermal systems • Silver-zinc systems • Porphyry • Historic Spanish  Tiria Shimpia • Kuri-Yaw

  11. Slide 11: Two Rigs Currently Drilling in Ecuador

    Two Rigs Currently Drilling in Ecuador Aurania’s large property in Ecuador is 207,764Ha Rig 2: Tiria-Shimpia (~0.5M acres) Rig 1: Tsenken N1 Next Slide Other area mentioned: KuriYawi TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 11

  12. Slide 12: Sed-hosted copper-silver: Tsenken

    Sed-hosted copper-silver: Tsenken Where now? TSN1- Drill Hole TSN1- TSN1- TSN1- 007 TSN1-002 001 003 006 Lava seal 1,000m Tiria-Shimpia 500m Pyrite zone Int Sea level Copper mineralization target 1km at same position in sedimentary layering as silver- zinc at Tiria-Shimpia Evap = evaporite (salt & s

  13. Slide 13: Targeting the Link Between Tsenken & Tiria-Shimpia

    Targeting the Link Between Tsenken & Tiria-Shimpia Metal zoning in the Kupferschiefer (Borg et al., 2012) Vertical profile through Tsenken – Tiria-Shimpia showing targeted metal zoning Lava Tiria-Shimpia Tsenken N1/B Target of holes TSN1- Red-beds 001-005 ~1,000m Mudstone Tsenken Zinc Lead Copper He

  14. Slide 14: Sediment-hosted Copper-Silver

    Sediment-hosted Copper-Silver Evidence of a copper-silver mineral belt sufficiently compelling that Aurania applied for exploration concessions covering 275,000 hectares in adjacent Peru. 208,000 hectares Status of Vicus claims: Exploration work in Peru will pending focus on data that is free from t

  15. Slide 15: Capital Structure

    Capital Structure Capitalization Table (TSX.V:ARU, OTCQB:AUIAF, Frankfurt:20Q) Insiders have contributed a significant share of the early high-risk capital! Share Price (C$) $2.75 Basic Shares Outstanding (M) 46.8 Shareholder Composition Warrants (M) 5.6 Options (M) 3.7 43% Insiders RSUs* (M) 0.4 57

  16. Slide 16: Summary

    Summary  Multi-target drill program to continue throughout 2021  Second rig added to accelerate drilling  Drilling complemented by MobileMT geophysical survey to better define the depth and shape of exploration targets  Experienced board and management team with previous discoveries in same regi

  17. Slide 17: Catalysts – Aurania is Poised for Discovery

    Catalysts – Aurania is Poised for Discovery Focus: Discovery in Large, Metal-Bearing Systems Gold Silver Copper  Discovery of large, metal-bearing systems with corresponding news-flow  Drilling with 2 rigs  Current drill targets  Silver-zinc target (Tiria-Shimpia)  Sedimentary-hosted copper-sil

  18. 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

  19. Slide 19: Appendix: Additional Reference Slides to Follow

    Appendix Additional Reference Slides to Follow TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 19

  20. Slide 20: Scout Drilling Schedule – Subject to Reprioritizing

    Scout Drilling Schedule – Subject to Reprioritizing! Ecuador Drill Rig 1: Planned drill sequence: Tsenken N2 Copper-silver CTsenken N3 opper-silver Tsenken N1 Copper-Silver Tsenken West/B Kuri-Yawi 645m in 1,246m in Copper-silver Gold-copper 3 holes 4 holes 2,839m to date Hole 7:underway In the Li

  21. Slide 21: Exploration Model for Tsenken N1 – Tiria-Shimpia

    Exploration Model for Tsenken N1 – Tiria-Shimpia Metal zoning in the Kupferschiefer (Borg et al., 2012) Tiria-Shimpia Tsenken Drill holes TSN1 - 1-4 Tsenken N4 Tsenken N3 Tsenken N2 1-10km Tsenken TSN1-4 TSN1-3 TSN1-1/2 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 21

  22. Slide 22: Tsenken and Tiria-Shimpia: Target Details

    Tsenken and Tiria-Shimpia: Target Details Vertical profile through part of Tiria-Shimpia 1km Vertical profile through part of Tsenken N1 Increasing copper Tsenken TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 22

  23. Slide 23: MobileMT Inversion – Tiria-Shimpia

    MobileMT Inversion – Tiria-Shimpia 208,000 hectares Status of Vicus claims: pending TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 23

  24. Slide 24: Kuri-Yawi Section of Holes

    Kuri-Yawi Section of Holes 1 – 8 - 9 Epithermal carbonate- Epithermal carbonate- chalcedony veinlets in chalcedony veinlets in YW-001 YW-008 – more complex West East YW-002 Lava <100-150° 200-300° 25-220° 150-250° TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 24

  25. Slide 25: Kuri-Yawi – Latorre C Sinter

    Kuri-Yawi – Latorre C Sinter 208,000 hectares Status of Vicus claims: pending TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 25

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