Aurania Resources Ltd. · TSXV:ARU
Aurania Resources — Investor Presentation (March 2023)
24 slides from Aurania Resources's investor presentation, March 2023
Slide 1: Exploring Mineral Systems in Ecuador: Gold, Copper & Silver
Exploring Mineral Systems in Ecuador: Gold, Copper & Silver March 2023
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: 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
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 (
Slide 5: Exploration for Gold, Copper & Silver
Exploration for Gold, Copper & Silver 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 that of the
Slide 6: Exploration Strategy
Exploration Strategy Tried and tested exploration strategy – Aurania’s approach to exploring the Cordillera de Cutucú in Ecuador is similar to that used by Management in its prior exploration of the adjacent Cordillera del Condor, which was also a grassroots exploration play 1. Identify targets vi
Slide 7: Multiple Targets Identified in Ecuador
Multiple Targets Identified in Ecuador There has been no modern mineral exploration in the Cordillera de Cutucú where Aurania’s flagship project is located Reconnaissance exploration has identified the following targets: Gold-silver: 15 epithermal targets Intrusive-related copper – 11 targets id
Slide 8: Mineralization Styles
Mineralization Styles Advanced exploration has led to the identification of multiple drill-ready targets for gold, copper & silver in Aurania’s Lost Cities – Cutucu Project Gold Historic Spanish mines of Logrono and Sevilla Copper KuriYawi - Latorre C Kuripan Tatasham Epithermal Systems Porp
Slide 9: Mineralized Systems & Targets in Ecuador
Mineralized Systems & Targets in Ecuador Aurania’s large property is 207,764Ha (~0.5M acres) Awacha porphyry Tatasham Porphyry - Epithermal Tiria-Shimpia Sediment-hosted silver-zinc Tsenken N1 Sediment-hosted copper-silver Kuri-Yawi Kuripan Latorre C Epithermal Gold-silver TSXV:ARU OTCQB:AUIAF FRANK
Slide 10: Tatasham
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 10
Slide 11: Tatasham: Location of Sinter and Boreholes
Tatasham: Location of Sinter and Boreholes Kutnahorite, a rare pink calcium manganese carbonate mineral, was found on surface in several places at Tatasham. This is a common gangue mineral at the Fruta del Norte gold mine located 100km south. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 11
Slide 12: Tatasham: Similar geology with Fruta del Norte
Tatasham: Similar geology with Fruta del Norte Aurania hole TT-003 section • Hole TT-003 showed similar geology to the Fruta del Norte gold deposit, with a sinter overlying andesite below sedimentary sequences of sandstones and conglomerates showing chalcedony clasts. Fruta del Norte Aurelian’s PDAC
Slide 13: Tatasham: Sinter Found at Surface
Tatasham: Sinter Found at Surface • Geological evidence of an epithermal system • Porphyry is below or laterally at unknown depth and provided the “heat engine” for geothermal activity • Evidence indicates sinter over at least 2.7 kilometres; this is a big system • Similar geological context to Frut
Slide 14: Awacha: Evidence of a Porphyry System
Awacha: Evidence of a Porphyry System • Typical alteration of the upper part of Porphyry system reported by Terraspec study • Example of monzonite intrusive • Example of Quartz vein with central suture of pyrite, chalcopyrite and covellite TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 14
Slide 15: Awacha: QSP Alteration
Awacha: QSP Alteration Top of a porphyry body, confirmed by geophysics TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 15
Slide 16: Awacha Compared to Global Porphyry Systems
Awacha Compared to Global Porphyry Systems TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 16
Slide 17: Tsenken–Shimpia: sediment-hosted mineralization
Tsenken–Shimpia: sediment-hosted mineralization Shimpia Tsenken TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 17
Slide 18: Tsenken–Shimpia: stratigraphy and potential
Tsenken–Shimpia: stratigraphy and potential Napo fm. (seal) Zn-Ag Mineralized fault breccia in hole SH-004 (2,5m @ 9.98% Zn, 4.4g/t Ag) Hollin fm. (Main copper target) Rich organic material bed interlayered on Sandstone of Hollin fm. : favourable reduced layer for copper precipitation Upper Chapiza
Slide 19: 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
Slide 20: 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 20
Slide 21: Board
Board Keith Barron, PhD Exploration geologist with over 39 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
Slide 22: Capital Structure
Capital Structure Capitalization Table (TSX.V:ARU, OTCQB:AUIAF, Frankfurt:20Q) Share Price (C$) 0.48 Ecuador Basic Shares Outstanding (M) 58.2 Warrants (M) 14.6 Options (M) 4.4 RSUs* (M) 0.1 Fully Diluted Shares Outstanding (M) 77.4 Market Cap (Basic) (C$M) 28.0 Note: numbers above, including share
Slide 23: Summary
Summary The Project is located in Cordillera de Cutucú in southeastern Ecuador – an exploration hotspot; large, contiguous land package Same geology as the Cordillera del Cóndor in the south, which hosts major gold and copper deposits The Ecuadorian government supports responsible exploration/
Slide 24: 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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